Tag: EURUSD

EURUSD failed to test 1.3385 key resistance and dropped below 1.2764 previous low, suggesting that the pair is back to medium downtrend from 1.4719. Further fall is now in favor, and the next target would be at...

EURUSD might be forming a cycle bottom at 1.2764 on daily chart. Key resistance is located at 1.3385, a break above this level will confirm the cycle bottom, and the following rebound could be seen to 1.3950-1.4000...

EURUSD remains in downtrend, and the fall from 1.4719 extends to as low as 1.2764 level. Deeper decline to 1.2650 zone to reach the next cycle bottom on daily chart is still possible, and the next cycle...

EURUSD’s downtrend extends further to as low as 1.3026 level. Deeper decline to 1.2800 to reach the next cycle bottom on daily chart is still possible next week, and the next cycle bottom is nearing. Initial resistance...

EURUSD is moving to the next cycle bottom on daily chart. Initial resistance is located at 1.3797, as long as this level holds, we’d expect downtrend to continue, and target would be at 1.3100-200 area. However, above...

EURUSD breaks below 1.3825 support and reaches as low as 1.3546 level. Deeper decline could be seen to 1.3050 zone in next several days. Initial resistance is now at 1.3765, as long as this level holds, we’d...

EURUSD is testing the support of 1.3825 level. A break down below this level will signal deeper decline towards 1.3500. However, as long as 1.3825 support holds, we’d expect sideways consolidation to continue between 1.3825 and 1.4719,...

EURUSD formed a cycle top at 1.4719 level on daily chart. Consolidation in a range between 1.3825 and 1.4719 would more likely be seen next week. Initial support is now located at 1.3825, a break down below...

EURUSD fails to test the resistance at 1.4867 (Sep 22 high) and pulls back from 1.4719 level, suggesting that a cycle top has been formed on daily chart. Consolidation in a range between 1.3500 and 1.4500 is...

EURUSD breaks above 1.3290 long term key resistance, suggesting that the down trend from 1.6038 (July 17 high) has terminated. Further rally is still possible to 1.3850-1.4000 area in next several days. Initial support is located at...