EURUSD remains in the downtrend from 1.1496, the bounce from 1.0635 is likely corrective consolidation for the downtrend. Further decline is possible after the consolidation and next target would be at 1.0400 area. Resistance is at 1.1147,...
EURUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.1147. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
EURUSD extended its downside movement from 1.1147 to as low as 1.0902. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...
EURUSD shows an incomplete sequence from Feb 16, 2018 high favoring further downside while below March 9 high (1.1496). Near term, the decline from March 9, 2020 high (1.1496) ended wave ((1)). Bounce in wave ((2)) is...
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.0635 had completed at 1.1147 completed. Further decline is still possible after consolidation and next target would be at 1.0800...
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.0635. As long as the trend line support holds, the pullback from 1.1147 could be treated as consolidation for the...
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1496 had completed at 1.0635 already. Further rally is still possible after a minor consolidation and next target would be...
After breaking below 1.0778 support, EURUSD rebounded strongly from 1.0635. However, the bounce is likely corrective consolidation for the downtrend from 1.1496, another fall towards 1.0400 is still possible after the consolidation.
EURUSD extended its upside movement from 1.0635 to as high as 1.1058. Further rise is still possible after a minor consolidation and next target would be at 1.1170 area. Near term support is at 1.0900, a breakdown...
EURUSD broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 1.1496 had completed at 1.0635 already. Further rally would likely be seen in a couple of days and next target...
