Tag: EURUSD

EURUSD breaks through the support of the up trend line from 1.1825 (Feb 27, 2006 low) to 1.3360 (Aug 16, 2007 low). Deeper decline is expected to 1.3700-1.4000 area next week. Initial resistance is at the down...

EURUSD is test the support of the up trend line from 1.1825 (Feb 27, 2006 low) to 1.3360 (Aug 16, 2007 low). Breaking below the trend line support will signal deeper decline towards 1.4000 zone. If the...

EURUSD traded in range between 1.4571 and 1.4908 for several days. Key resistance is located at 1.4908, as long as price stays below this level, we’d expect down trend to resume, and further fall is still possible...

EURUSD’s down trend extended further to as low as 1.4571 yesterday. Deeper decline to test the support of the up trend line from 1.1825 (Feb 27, 2006 low) to 1.3360 (Aug 16, 2007 low) is still in...

EURUSD is forming a sideways consolidation in a range between 1.4629 and 1.4977. As long as price stays below 1.4977 level, we’d expect further decline to test the support of the up trend line from 1.1825 (Feb...

EURUSD remains in down trend and the fall from 1.6038 extends further to 1.4629 level. Deeper decline is expect to test the support of the up trend line from 1.1825 (Feb 27, 2006 low) to 1.3360 (Aug...

EURUSD’s down trend from 1.6038 extends to 1.4660 level. Further fall towards 1.4500 is in favor next week. Initial resistance is located at 1.4985, only rise above this level will signal consolidation to down trend.

EURUSD’s down trend remains and the fall from 1.6038 extends further to 1.4815 level. Consolidation would more likely be seen in a couple of days, and deeper decline to 1.4500 is still possible after consolidation. Initial resistance...

EURUSD drops sharply to as low as 1.4997 level. Deeper decline to 1.4700 to reach next cycle bottom on daily chart is possible next week. Initial resistance is at 1.5250, only break of this level will indicate...

EURUSD’s down trend remains and the fall from 1.6038 extends further to as low as 1.5445 level. Deeper decline to test 1.5284 previous low support is still possible in next several days. Near term resistance is at...