Tag: EURUSD

EURUSD broke below 1.0957 support, suggesting that the short term uptrend from 1.0879 had completed at 1.1000 already. Further decline could be expected in the coming days and next target would be at 1.0900 area. Resistance is...

EURUSD moved sideways in a trading range between 1.0957 and 1.1000. As long as 1.0957 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.0879, further rise to 1.1050...

EURUSD extended its upside movement from 1.0879 to as high as 1.0999. As long as 1.0940 support holds, the upside movement could be expected to continue and next target would be at 1.1050 area. On the downside,...

EURUSD broke above 1.0967 resistance, suggesting that the downside movement from 1.1109 had completed at 1.0879 already. Further rally could be expected in a couple of days and next target would be at 1.1030 area. Near term...

EURUSD broke above the bearish price channel on the 4-hour chart, a break of 1.0967 resistance would confirm that the downside movement from 1.1109 had completed at 1.0879 already, then another rise towards 1.1050 could be seen....

EURUSD is facing the resistance of the bearish price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.0879 could be treated as consolidation for the downtrend from 1.1109, further decline...

EURUSD extended its downside movement from 1.1109 to as low as 1.0884. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue, further decline...

EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1109. As long as the channel resistance holds, the bounce from 1.0904 could be treated as consolidation for the downtrend,...