EUR/USD Bounces The pair fell over 200 pips yesterday but ultimately was stopped by the 1.3900 area and has since bounced higher. This keeps the bias upwards for today, but more news out of the US could...
EUR/USD – After the Surge Yesterday saw a very strong move by the EURO, moving almost double its average (12) daily range. It also broke multiple short term resistance levels.
EUR/USD Choppy Trading Support is established at 1.3830 and is also present at 1.3820 through 1.3800. This likely means the sideways swings will continue. Although minor trends within the broader range can still occur.
EUR/USD Continues to Range The pair is trading within a 120 pip range between 1.4000 and 1.3800 over the last couple trading days. This range has held in early trading.
EUR/USD The last three days have seen the EUR march higher. This has created a short term uptrend. Support is at 1.3910, with trend line support at 1.3860, and beyond that 1.3820, 1.3800.
EUR/USD Pulls Off Lows The pair pull off the early lows set yesterday. The 1.3750 level held on the downside but the 1.3935 area also held on the upside.
EUR/USD Breaks Support The pair broke below the 1.3800 level. A sustained break of this level points to a further decline in the rate as indicated by the topping pattern. So far the pair has managed to...
EUR/USD Bigger Correction? The pair failed to hold above the 1.4150 last week and is now heading towards the lower extent of the range. Support should be found at 1.3940, 1.3900 and beyond that 1.3800. A move...
EUR/USD The EUR rose in early trading and is currently testing the 1.4050 resistance level, which is a former support level.
EUR/USD Range Break Pending The pair is nestled in a congestion area of old support and resistance levels. The range is currently 1.4050-1.4100. Based on average daily movements we can expect at least 90-100+ pips of movement...
