EURUSD Daily Analysis – July 10, 2019
EURUSD extended its downside movement from 1.1412 to as low as 1.1193. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next...
Tag: EURUSD
EURUSD Daily Analysis – July 9, 2019
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1412. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
EURUSD Daily Analysis – July 8, 2019
EURUSD extended its downside movement 1.1412 to as low as 1.1207. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target...
EURUSD Weekly Analysis – July 7, 2019
EURUSD broke below the rising trend line on the daily chart, suggesting that the bounce from 1.1106 had completed at 1.1412 already. Further decline would likely be seen in a couple of weeks and next target would...
EURUSD Daily Analysis – July 5, 2019
EURUSD stays in a trading range between 1.1268 and 1.1321. As long as 1.1321 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.1412, a breakdown below 1.1268 support...
EURUSD Daily Analysis – July 3, 2019
EURUSD remains in the downtrend from 1.1412, the bounce from 1.1275 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and next target would be at 1.1240 area. Resistance is at 1.1321,...
EURUSD Daily Analysis – July 2, 2019
EURUSD broke below 1.1344 support and extended its downside movement from 1.1412 to as low as 1.1284. Further decline could be expected and next target would be at 1.1240 area. Near term resistance is at 1.1320, a...
EURUSD Daily Analysis – July 1, 2019
EURUSD stays in a trading range between 1.1344 and 1.1412. As long as the price is above 1.1344 support, the price action in the range could be treated as consolidation for the uptrend from 1.1181, another rise...
EURUSD Weekly Analysis – June 30, 2019
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.1106. Further rally is possible over the next several weeks and next target would be at 1.1600 area. Near term...
EURUSD Daily Analysis – June 28, 2019
EURUSD moved sideways in a trading range between 1.1344 and 1.1412. As long as 1.1344 support holds, the price action in the trading range could be treated as consolidation for the uptrend from 1.1181, further rise to...