EURUSD remains in the uptrend from 1.2214, the fall from 1.2396 is likely consolidation for the uptrend. Range trading between 1.2300 and 1.2396 would likely be seen in a couple of days. As long as 1.2300 support...
EURUSD broke above the falling price channel on its 4-hour chart, suggesting that the downside movement from 1.2476 had completed at 1.2214 already. Further rally would likely be seen and next target would be at 1.2500 area....
The EUR/USD pair continues to be noisy, but Monday was positive. By struggling like we did, it looks like we may have to pull back short-term to build up the momentum to break above the 1.2350 level....
EURUSD stays in a falling price channel on its 4-hour chart and remains in the downtrend from 1.2476. As long as the price is in the channel, the bounce from 1.2214 could be treated as consolidation for...
EURUSD continued its sideways movement in a trading range between 1.2154 and 1.2555. As long as 1.2154 support holds, the sideways move could be treated as consolidation for the uptrend from 1.1554 and a breakout of 1.2555...
EURUSD extended its downside movement from 1.2476 to as low as 1.2218, breaking below 1.2239 support. Further decline is still possible after a minor consolidation and next target would be at 1.2155 support. Near term resistance is...
EURUSD is facing 1.2239 support. A breakdown below this level could trigger further downside movement towards 1.2155. Resistance is at 1.2345, above this level would suggest that the short term downtrend from 1.2476 is complete, then another...
The EUR/USD pair has been very choppy over the last couple of sessions, as we await the jobs numbers on Friday, as it will obviously have a major influence on where the currency markets move next. There...
EURUSD extended its downside movement from 1.2476 to as low as 1.2253, facing 1.2239 support. A breakdown below this level could take price to next support level at 1.2155. Resistance is at 1.2345, only a break of...
EURUSD remains in the short term downtrend from 1.2476. Further decline to test 1.2239 support would likely be seen. A breakdown below this level could take price to next support level at 1.2155. Resistance is at 1.2360,...
