EURUSD Daily Analysis – January 8, 2020
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.0981. As long as the trend line support holds, the fall from 1.1239 could be treated as consolidation for the...
Tag: EURUSD
EURUSD Daily Analysis – January 7, 2020
EURUSD failed to break below the bullish trend line on the 4-hour chart and rebounded from 1.1125. Further rise could be expected and next target would be at 1.1239 resistance. Near term support is at 1.1165, below...
EURUSD Daily Analysis – January 6, 2020
EURUSD extended its downside movement from 1.1239 to as low as 1.1125. Further decline is still possible and the target would be at the rising trend line on the 4-hour chart. Near term resistance is at 1.1180,...
EURUSD Weekly Analysis – January 5, 2020
EURUSD is now in the uptrend from 1.0981. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target would be at...
EURUSD Daily Analysis – January 3, 2020
EURUSD broke below 1.1180 support, suggesting that the upside movement from 1.1066 had completed at 1.1239 already. Deeper decline would likely be seen in a couple of days and the target would be at the rising trend...
Elliott Wave View: $EURUSD Further Strength Expected
Short Term Elliott Wave view in $EURUSD suggests that the cycle from October 1, 2019 low remains incomplete and pair can see further upside. Near term, pullback to 1.1064 on December 21, 2019 low ended wave X....
EURUSD Daily Analysis – January 2, 2020
EURUSD extended its upside movement from 1.1066 to as high as 1.1239, breaking above 1.1199 resistance. Further rise is still possible after a minor consolidation and next target would be at 1.1280 area. Near term support is...
EURUSD Forecasting The Rally And Buying The Dips In The Blue Box Area
EURUSD is another forex pair that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the website. ...
EURUSD Elliott Wave View: Reaction Higher Is Expected
Short-term Elliott wave view in EURUSD suggests that the main cycle from October 01, 2019 low is showing 5 swings corrective sequence favoring more upside to take place towards $1.1286-$1.1358 area next before a recovery could end....
EURUSD Daily Analysis – December 20, 2019
EURUSD is facing 1.1103 support, a breakdown below this level would confirm that the upside movement from 1.0981 had completed at 1.1199 already, then another fall towards 1.1000 could be seen. Near term resistance is at 1.1150,...