EURUSD traded in a narrow range between 1.4218 and 1.4457 for several days. As long as 1.4457 resistance holds, downtrend from 1.5144 could be expected to continue and another fall towards 1.4000 area is still possible. However,...
EUR/USD Open 1.4341 High 1.4457 Low 1.4306 Close 1.4352On Tuesday Euro/Dollar continued its upward movement. The currency couple made a top at 1.4457, where the bullish pressure was limited, and started dropping down to 1.4339, closing the...
EUR/USD Open 1.4373 High 1.4412 Low 1.4352 Close 1.4379Euro/Dollar failed to break the key resistance 1.4412 yesterday, and dropped back down to 1.4352. Traders may collect their earnings tomorrow by closing their positions before the long New...
EUR/USD Open 1.4373 High 1.4414 Low 1.4235 Close 1.4383Euro/Dollar made a rising effort last week, from the 1.4235 bottom, reaching a peak at 1.4414, where further bullish momentum was limited, closing the week at 1.4383. This fact...
EURUSD dropped sharply from 1.5144 and the fall extended to as low as 1.4218 level. The subsequent rebound is more likely minor consolidation of downtrend. Resistance is now located at 1.4480, as long as this level holds,...
Well hopefully you entered this Short EUR position when the candle appeared below the 50 day MA. If you did then you are ahead 600 pips. The next question is how do I know when to exit...
EUR/USD Open 1.4254 High 1.4331 Low 1.4223 Close 1.4247Euro/Dollar traded hesitantly on Tuesday, forming divergence on the daily chart. Quotes made a decreasing effort from the 1.4331 top, reaching a bottom at 1.4223, but closed the day...
EUR/USD Open 1.4286 High 1.4370 Low 1.4267 Close 1.4272Euro/Dollar continued its bearish movement on Monday, from the 1.4370 top it climbed to first, to the bottom at 1.4267, and closing the day at 1.4272. Our expectations remain...
EUR/USD Open 1.4332 High 1.4402 Low 1.4267 Close 1.4333Euro/Dollar attempt to rise on Friday, reaching a peak at 1.4402 after some good economic data came out, but further increasing movement was limited there and the currency pair...
EURUSD continues its bearish movement and drops sharply to as low as 1.4261 level. Deeper decline is still in favor next week and next target would be at 1.4100 area. Resistance levels are at 1.4450 and 1.4550,...
