Tag: EURUSD

EURUSD remains in down trend and the fall from 1.4867 extends to as low as 1.2496 level. Deeper decline is still possible to 1.2000 zone in a couple of weeks. Near term resistance is at 1.2850 and...

EURUSD breaks below 1.3258 support and the down trend from 1.6038 extends further to as low as 1.3001 level. Deeper decline towards 1.2500 zone to reach next cycle bottom on daily chart is still possible in next...

EURUSD formed a sideways consolidation in a range between 1.3258 and 1.3785 for two weeks. As long as 1.3785 resistance holds, we’d expect down trend to resume and further fall towards 1.3000 zone to reach the next...

EURUSD’s down trend extends further to 1.3258 level. Initial resistance is now located at 1.3785, as long as this level holds, we’d expect down trend to continue and further decline is still possible next week, target would...

EURUSD breaks below 1.3881 previous low support and reaches as low as 1.3702 level. Deeper decline is now in favor, and target could be seen to 1.3000-1.3200 area. Initial resistance is now located at 1.3980 and followed...

EURUSD pulls back sharply to 1.4008 level. Deeper decline is still possible to test 1.3881 previous low support in a couple of days. As long as this level holds, the fall from 1.4867 is treated as correction...

EURUSD rebounded to 1.4867 level and is now in up trend. Initial support is at 1.4450 and followed by 1.4260, as long as 1.4450 support holds, we’d expect up trend to continue and further rally could be...

EURUSD broke above 1.4705 key resistance and the rise from 1.3881 is now treated as resumption of up trend. Further rise towards 1.5200 zone to reach the next cycle top on daily chart is possible in the...

EURUSD is in correction to down trend. Further rise to test 1.4705 resistance could be seen next week. As long as 1.4705 resistance holds, we’d expect down trend to resume and deeper decline is still possible to...

EURUSD is forming a sideways consolidation in a range between 1.3881 and 1.4481. Further fall is still possible to 1.3500 after consolidation, and a break below 1.3881 will signal resumption of down trend. Initial resistance is at...