EURUSD fell sharply during the course of Friday’s session, testing the 1.2350 level. If the pair can break down below 1.2350 will head down to the 1.2050 level, which is a longer-term support. Ultimately bounces are selling opportunities as the US ...

EURUSD

EURUSD consolidated during the course of yesterday session, testing the 1.25 level for support. Ultimately if we can break down below the 1.25 level, we would be all bear coming in the market. A break down below the 1.25 level should send this pair ...

EURUSD

EURUSD tried to rally during the course of yesterday, but ran out of steam at the 1.26 level and fell creating a shooting star. So a move below the 1.25 level is in fact a selling opportunity in this pair that most certainly is in a strong downtrend.

EURUSD

The EURUSD rose during the course of yesterday session, clearing the 1.25 level with an impulsive candle. This pair continues to consolidate around the 1.25level. We are looking for reversal candles in order to start selling again as the Euro ...

EURUSD

The EURUSD tried to rally to the upside, but fell rather hard and closed well below the 1.25 level near the low of the day. The resistance at 1.2577 is holding and as a result sellers step into this pair every time it rallies. The market is ...

EURUSD

EURUSD pair initially fell during the course of the session on Friday, enough support at 1.24 to turn things back up and gain sufficient momentum to break and close above the 1.25 level. This is a very bullish looking candle and as a result the pair ...

EURUSD

With Eurozone inflation release relatively overlooked by markets, focus for the Eurozone instead turned towards the ECB professional forecaster survey. In terms of their outlook, they slashed their GDP and inflation forecasts for 2014, 2015 and ...

EURUSD

EURUSD pair initially tried to rally during the course of yesterday session, but found enough resistance of the 1.25 level to turn things around and close near the low of the day creating an inside day. It appears that the pair is ready to continue ...

EURUSD

Bearish momentum drops, EURUSD moved in a tight range under 1.2500 yesterday, creating a sideways consolidation pattern. I still remain bearish on the Euro and bullish on the USD, though oversold conditions and a relatively light news week up until ...

EURUSD

Lower lows and lower highs are keeping the downtrend alive for the EURUSD, though larger swings on the hourly charts indicate momentum is slowing above 1.2360. We remain bearish on the pair though traditionally strong US stock performance has led to ...

EURUSD

EURUSD pair fell hard during the session on Friday, breaking down below the 1.24 level. Looks like the bears are in complete control and the pair should continue to move lower. We have a longer-term support of 1.2050, so selling the rallies between ...

EURUSD

EURUSD fell during yesterday session to fresh Year lows at 1.2363. It appears that the market should continue to move lower, aiming for the 1.2050 level which is our longer-term support. Rallies at this point should be selling opportunities as EURO ...

EURUSD

Yesterday EURUSD is traded around 1.2490 after having fallen for a fifth day out of the last six as the pair is enjoying the strength of the American dollar. Today we will have the ECB meeting on monetary policy that will certainly affect the market ...

EURUSD

With the USD-index giving back some of yesterday’s gains, the major USD pairs prompted a tick higher. EURUSD reclaimed the 1.2500 handle overnight during broad based USD weakness. The pair shrugged off the US trade balance, with EURUSD remaining in ...

EURUSD

Price action in EURUSD remained relatively quiet having plunged to levels not seen since August 2012 overnight, after the pair tripped sell stops at the 1.2500 handle on a strengthening USD to break below Friday's lows at 1.2485. The pair moved ...

EURUSD

The EURUSD pair fell during the course of the session on Friday, breaking the bottom of the hammer from the Thursday session. And even went below the 1.25 level at one point, but at the end of the day we ended up bouncing back above it. If we can ...

EURUSD

QE3 was ended Wednesday, as expected, when the Fed announced it would be eliminating open market operations. They did indicate that current (record-low) interest rates would remain in place for the foreseeable future, though most analysts expect a ...

EURUSD

The pair traded sideways for much of yesterday session, as markets tentatively waited the release of the Fed rate decision after the close. However, heading into the close of European session the markets positioned for a dovish Fed statement, with ...

EURUSD

After a boring European session, with the pair trading either side of the 1.2700 handle, stronger price action was again dictated by US data. This meant upside for the EUR, and the pair spiked from 1.2708 to 1.2760, eventually printing a high at ...

EURUSD

EURUSD was consolidating during the course of yesterday session, essentially going nowhere. The pair continues to struggle at the 1.27 level, and as a result it’s we may expect the sellers to come into this marketplace and make their presence be ...

EURUSD