EURUSD The pair is fluctuating sharply to retest the breached level once again, accompanied by negative signs appearing through momentum indicators; pointing to a bearish intraday trend shown in yesterday’s reports that we recommend reviewing. The first required...
EUR/USD Open 1.2233 High 1.2328 Low 1.2117 Close 1.2228After the the quiet trading on Monday, yesterday Euro/Dollar traded with a decrease. Euro/Dollar depreciated from 1.2310 to 1.2117 on Tuesday, in line with the Interbank sentiment projection, at...
EURUSD The pair settled for 23.6% correction were it built the base after the level turned into resistance from where the pair sharply fell, achieving the awaited key targets for today near 1.2100. An expected minor retest...
EURUSD The pair managed to breach support for the ascending channel that has organized the bullish correction wave, where its breached now and turned into resistance at 1.2315. We could witness some fluctuation that will help the...
The trading session closing last week did not clear the situation. Even if there is something on the charts they are not important at the moment at the end of the month. This is more significant than...
EURUSD The pair has been trading in a narrow range since this morning due to the holidays in some financial markets; therefore, our morning expectations remain intact supported by Stochastic.
EURThe Euro fell sharply on Friday as Fitch Ratings slashed Spain’s long term credit rating, fueling concerns about Europe’s sovereign debt crisis. Fitch downgraded Spain’s debt rating to AA+, stating that the country will not recover as...
EURUSD The support levels for the main descending channel has shown a strong stance in front of the third attempt to breach it last week, where the pair moved to the upside due to positive signs appearing...
EUR/USD Open 1.2276 High 1.2434 Low 1.2153 Close 1.2268After partial recovery on Friday, Euro/Dollar lost its daily gains. Euro/Dollar appreciated from 1.2290 to 1.2434 on Friday, in converse with the Interbank sentiment projection, at around -11%, than...
EURUSD remains in downtrend and the price action from 1.2144 is more likely consolidation of downtrend. Rang trading between 1.2144 and 1.2671 is expected to continue next week. Support is at 1.2144, a breakdown below this level...
