After a period of consolidation, the EURUSD currency pair has broken out above the key 1.0894 resistance level, extending its upside move that originated from the 1.0600 low. The rally has carried the pair as high as...
The EURUSD currency pair has broken below the key 1.0804 support level, suggesting that the recent upside move from the 1.0600 low has likely completed at the 1.0894 high. This technical breakdown has opened the door for...
Short Term Elliott Wave in EURUSD suggests rally from 4.16.2024 low unfolded as a 5 waves impulse Elliott Wave structure. Up from 4.16.2024 low, wave ((i)) ended at 1.0753 and pullback in wave ((ii)) ended at 1.0649....
The EURUSD currency pair has broken out above the resistance of the falling price channel visible on the 4-hour chart. This technical breakout suggests that the recent pullback from the 1.0894 high has likely completed at the...
The EURUSD currency pair’s pullback from the 1.0894 high has extended to as low as 1.0817, facing the support of the rising price channel visible on the 4-hour chart. This area will likely determine the pair’s near-term...
The EURUSD currency pair has failed to break above the top of the rising price channel visible on the 4-hour chart, pulling back from the 1.0894 high. This price action suggests that a consolidation phase is likely...
The EURUSD currency pair has broken out above the falling trendline resistance and the 1.0811 level visible on the 4-hour chart. This technical breakout suggests that the recent downside move from the 1.0981 high has likely completed...
The EURUSD currency pair is once again facing resistance from the falling trendline visible on the 4-hour chart. This trendline will likely determine the pair’s near-term directional bias. As long as the trendline resistance holds on a...
Greetings fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the website. As our members know, EURUSD has ended the cycle...
The EURUSD currency pair has staged an impressive rally from the 1.0600 low, breaking above the 1.0752 resistance level and extending its upside move to test the falling trendline resistance visible on the 4-hour chart. However, the...