EURUSD broke below 1.2300 support, indicating that the upside movement from 1.2214 had completed at 1.2413 already. Deeper decline to test 1.2214 support is possible, a breakdown below this level would aim 1.2150 area. Resistance is at...
EURUSD continued its sideways movement in a trading range between 1.2154 and 1.2555. The sideways move is likely consolidation for the uptrend from 1.1554. As long as 1.2154 support holds, the uptrend could be expected to resume...
Short-term EURUSD Elliott Wave view suggests that the pair remains in a sideways triangle range between 1.2554 and 1.2153 levels as mentioned in the previous post here. Until we break out of the range, we look for the...
EURUSD moved sideways in a trading range between 1.2300 and 1.2413. As long as 1.2300 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2214 and a breakout of...
EURUSD broke above 1.2396 resistance, suggesting that the uptrend from 1.2214 has resumed. Further rise could be expected after a minor consolidation and next target would be at 1.2500, followed by 1.2550. Support is at 1.2300, only...
The EUR/USD pair has rallied significantly during the trading session on Monday, reaching towards the 1.24 level, an area that will more than likely cause a bit of resistance as it is a large, round, psychologically significant...
EURUSD is facing 1.2396 resistance, a breakout of this level would indicate that the upside movement from 1.2214 has resumed, then further rise towards 1.2476 resistance could be seen. Above this level would aim 1.2555 (Feb 16...
EURUSD is facing 1.2300 support, a breakdown below this level would confirm that the short-term uptrend from 1.2214 had completed at 1.2396 already, then another fall towards 1.2150 could be seen. On the upside, as long as...
EURUSD stays in a trading range between 1.2154 and 1.2555. The key support is at 1.2154, as long as this level holds, the price action in the range could be treated as consolidation for the uptrend from...
EURUSD has formed lower highs and higher lows to create a symmetrical triangle on its 4-hour time frame. Price is approaching the peak of the formation so a breakout could be due soon. Note that the chart...
