EURUSD Daily Analysis – December 10, 2018
EURUSD broke above the upper line of the triangle pattern on the 4-hour chart. Further rally would likely be seen in a couple of days and next target would be at 1.1500 area. Near term support is...
Tag: EURUSD
EURUSD Weekly Analysis – December 9, 2018
EURUSD stayed in a trading range between 1.1215 and 1.1500 for several weeks. The price action in the range is likely consolidation for the downtrend from 1.1815. As long as 1.1500 resistance holds, the downtrend could be...
EURUSD Daily Analysis – December 7, 2018
EURUSD moved sideways in a triangle pattern on its 4-hour chart. A breakout of the upper line of the pattern could take the price to 1.1600 area. On the downside, a breakdown below the bottom support line...
EURUSD Daily Analysis – December 6, 2018
EURUSD formed a triangle pattern on its 4-hour chart. Support is at the bottom trend line of the pattern, a breakdown below this trend line could signal resumption of the downtrend from 1.1815 (Sep 24 high), then...
EURUSD Daily Analysis – December 5, 2018
EURUSD failed in its attempt to breakout of the upper line of the triangle pattern on the 4-hour chart and pulled back from 1.1418. Deeper decline towards the bottom support trend line of the pattern is possible...
EURUSD Daily Analysis – December 4, 2018
EURUSD is forming a triangle pattern on the 4-hour chart. Another rise towards the upper trend line of the pattern is possible in a couple of days, a breakout of the this trend line could take the...
EURUSD Daily Analysis – December 3, 2018
EURUSD broke below 1.1340 support, suggesting that the rise from 1.1267 had completed at 1.1401 already. The pair is now in downtrend, further decline could be expected and next target would be at 1.1250 area. Resistance is...
EURUSD Weekly Analysis – December 1, 2018
EURUSD moved sideways in a trading range between 1.1215 and 1.1500. As long as 1.1500 resistance holds, the downside movement from 1.1815 could be expected to resume and a breakdown below 1.1215 support could trigger further downside...
EURUSD Daily Analysis – November 30, 2018
EURUSD is now in the uptrend from 1.1267. Further rally would likely be seen in a couple of days and next target would be at 1.1450 area. Near term support is at 1.1340, only a breakdown below...
EURUSD Daily Analysis – November 29, 2018
EURUSD broke above 1.1340 resistance, suggesting that the downside movement from 1.1472 had completed at 1.1267 already. Further rally would likely be seen and next target would be at 1.1450 area. Support is at 1.1320, only a...