EURUSD Daily Analysis – November 7, 2018
EURUSD extended its upside movement from 1.1302 to as high as 1.1472. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
Tag: EURUSD
EURUSD Daily Analysis – November 6, 2018
EURUSD failed to break below 1.1350 support, suggesting that the pair remains in the uptrend from 1.1302. Further rally to test 1.1455 resistance is possible, a breakout of this level could take the price to 1.1500 area....
EURUSD Daily Analysis – November 5, 2018
EURUSD remains in the uptrend from 1.1302, the pullback from 1.1455 is likely consolidation for the uptrend. As long as 1.1350 support holds, the uptrend could be expected to resume and a break of 1.1455 resistance could...
EURUSD Weekly Analysis – November 3, 2018
EURUSD failed in its attempt to break below 1.1301 support. Another fall to test this level is still possible next week, and a breakdown could trigger further downside movement towards 1.1000. Near term resistance is at 1.1460,...
EURUSD Daily Analysis – November 2, 2018
EURUSD broke above the bearish trend line on its 4-hour chart, suggesting that the downside movement from 1.1622 had completed at 1.1302 already. Further rally is still possible and next target would be at 1.1480, followed by...
EURUSD Daily Analysis – November 1, 2018
EURUSD extended its downside movement from 1.1622 to as low as 1.1302. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...
EURUSD Daily Analysis – October 31, 2018
EURUSD is facing 1.1335 support, a breakdown below this level could signal resumption of the downtrend from 1.1622, then next target would be at 1.1300 area. Near term resistance is at the bearish trend line on the...
EURUSD Daily Analysis – October 30, 2018
EURUSD remains in the downtrend from 1.1622. As long as the price is below the bearish trend line on the 4-hour chart, the bounce from 1.1335 could be treated as consolidation for the downtrend. Further decline is...
EURUSD Daily Analysis – October 29, 2018
EURUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.1622. As long as the trend line resistance holds, the bounce from 1.1335 could be treated as consolidation of the...
EURUSD Weekly Analysis – October 28, 2018
EURUSD is now facing 1.1301 support. A breakdown below this level would indicate that the long term downtrend from 1.2555 has resumed, then next target would be at 1.1000 area. Near term resistance is at 1.1470, a...