EUR/USD The pair managed to break above 1.4200 yesterday. This sets up for a likely test of the May high at 1.4340 (not necessarily today). 1.4240-1.4250 is a resistance area as well as 1.4270. Support is at...
EUR/USD The pair pushed above 1.4160 to 1.4180 but has retreated for the time being. A rise above 1.4180 would target 1.4200 a major resistance level. A break of that resistance level would target May highs at...
EUR/USD The pair did push above some resistance within the longer term range yesterday which indicates a push towards 1.4200 is likely. Support is at 1.4040 and 1.400. A bounce is likely off these levels, but there...
EUR/USD The pair continued it's doldrums yesterday moving in a choppy fashion once again. Being in the middle of the range this is likely to continue. Minor support is at 1.3960, 1.3930, 1.3910 and beyond this 1.3875....
EUR/USD Recent Lows Hold The pair once again tested the support area in early trading today after choppy trading yesterday. USD/JPY Heading Towards Support In yesterdays post I wrote that the pair had to push above 95.40...
EUR/USD for July 7 Push above 1.3990 would be an early signal of bullishness. A move above 1.4000 would confirm. Resistance is at 1.4020, 1.4040 and 1.4100.
EUR/USD Heading Higher? Bias for today is higher, but a narrowing range after the steep decline near the end of last week could mean a break in either direction. USD/JPY Drop and Rise The pair is falling...
EUR/USD for July 1 The pair is currently in a 55 pip range. A sustained break above 1.4055 would indicate a target of 1.4110 and beyond that 1.4150. USD/JPY Still Has Steam? After a strong run up...
EUR/USD Tests Resistance The pair is currently pushing higher to test the 1.4140 level. This is a significant level and could give us early indications of where we are going over the longer time frames. USD/JPY in...
EUR/USD Fails The EUR failed to push above the former swing high at 1.4140 and has retreated in early trading this week. If support at 1.3980 is broken it places the short term bias downwards with a...
