EURUSD’s fall from 1.1239 extended to as low as 1.0942. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next target would...
EURUSD broke below 1.0992 support and extended its downside movement from 1.1239 to as low as 1.0964. Further decline could be expected in the coming days and next target would be at 1.0900 area. Near term resistance...
EURUSD is facing 1.0992 support, a breakdown below this level could trigger further downside movement towards 1.0950. Near term resistance is at 1.1020, a break of this level could bring the price back towards the top of...
EURUSD stays in falling price channel on the 4-hour chart and remains in the downtrend from 1.1239. As long as the channel resistance holds, the downside movement could be expected to continue and next target would be...
Being contained by the top of the bearish price channel on the 4-hour chart, EURUSD pulled back from 1.1095, suggesting that the pair remains in the downtrend from 1.1239. Further decline would likely be seen in the...
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1172 had completed at 1.0992 already. Further rally is still possible after a minor consolidation and next target would be...
EURUSD is facing the resistance of the falling trend line on the daily chart. As long as the trend line resistance holds, the downside movement from 1.1239 could be expected to continue and next target would be...
The Dollar Index (DXY) continues to be firm and rallies higher since Dec 31.2019 low. Near term, it still has scope to extend higher towards 98.3 – 98.59 area which is the 100% – 123.6% Fibonacci extension...
EURUSD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.0992 could be treated as consolidation for the downtrend from 1.1172, another...
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1172. As long as the trend line resistance holds, the bounce from 1.0992 could be treated as consolidation for the...
