EUR/USD bounced off the lows yesterday, following the release of FOMC minutes. In the early session today the pair marked a daily high at 1.0572. Minor resistance is seen at 1.0585 and a key one remains the psychological level at 1.0600. The ...

EUR/USD Daily Technical Analysis

EUR/USD continued the downward slope and yesterday tested the key support at 1.0520. The lack of important news this week maintained the sideways course of the pair. But todya we have FOMC minutes and this might set more clear direction for the pair.

EUR/USD Daily Technical Analysis

EUR/USD crossed to below the 1.06 mark which now is acting as an intraday resistance. The pair is currently trading at 1.0534 and next bears target is seen at 1.0500 area.

EUR/USD Daily Technical Analysis

The EUR/USD started the new week trading within tight range. The lack of significant macro data today also impacted. Technical indicators have turned from neutral to bearish and the risk towards the downside remains in tact.

EUR/USD Daily Technical Analysis

Yesterday the EUR/USD rallied and marked best performance since late January . The pair added 74 pips and closed at 1.0673. In the short-term bulls are in play and aiming 1.0675.

EUR/USD Daily Technical Analysis

Yesterday the EUR/USD pair marked close to five-week fow at 1.0520 but found enough strength to bounce off back to 1.0600 area. Immediate resistance is seen at 1.0640 and fisrt support is located at 1.0575.

EUR/USD Daily Technical Analysis

EUR/USD is trading lower, having bottomed yesterday at 1.0560 and closing at 1.0577. The pair is vulnerable to the downside with first support seen at 1.0550. In case of breakdown next bears target is 1.0511.

EUR/USD Daily Technical Analysis

The EUR/USD pair broke below the bullish channel and the 200-day SMA. Further downward pressure might be increased in case of crossing below yesterday’s low at 1.0590.

EUR/USD Daily Technical Analysis

The EUR/USD pair closer lower last week in correction mode. In case of continuation of the downwad trend, we may expect break of the support line at 1.0550.

EUR/USD Daily Technical Analysis

Yesterday the euro retreated against the US dollar and closed at 1.0654. Currently the EUR/USD pair is testing the 1.0650 level and continues the bearish consolidation phase.

EUR/USD Daily Technical Analysis

The EUR/USD remains withing the recent and today also couldn’t hold above 1.0700.

EUR/USD Daily Technical Analysis

As US dollar is seen weakened today due to the increased selling interest, the EUR/USD pair bounced off yesterday’s lows and the current market price is 1.0698. The pair is most likely to retest the key resistance at 1.0700.

EUR/USD Daily Technical Analysis

The upward potential is now limited by the 1.0720 region, where the 20-day SMA crossed to below the 100-day SMA. The current market price is 1.0688 and if failing to hold around this area, the pair is poised to reinforce the downard slope towards ...

EUR/USD Daily Technical Analysis

The EUR/USD pair contiues to trade lower and marked today daily low at 1.0655. Later the pair bouned and the current market price is 1.0686. In the hourtly chart technical indicators have recovered from the oversold area and are showing strong ...

EUR/USD Daily Technical Analysis

After marking a four-week high at 1.0825, the EUR/USD is now seen in ascending channel. The focus is now on the upcoming data and US Payrolls, which has set the pair under pressure. A break below the 1.0730 would trigger further downslide towards ...

EUR/USD Daily Technical Analysis

EUR/USD is trading elevated today, crossing to above the 1.08 handle and the current market price is 1.0812. Technical readings confirm the bullish trend, but the pair is facing strong resistance at 1.0840 area. If conquering it, door would be open ...

EUR/USD Daily Technical Analysis

The EUR/USD failed to hold above 1.08 and currenlty keeps a side-ways movement, slightly away from the mutli weeks high reached yesterday at 1.0815.

EUR/USD Daily Technical Analysis

The EUR/USD pair jumped this morning to 1.0713 and currenty is trading at 1.0700 level. First resistance is placed at 1.0740 and next at 1.0775. Strong support is seen at 1.6580 and in case if breaking it, the pair is poised to decline further ...

EUR/USD Daily Technical Analysis

The EUR/USD pair started the week with a bullish gap. The US dollar declined due to the surprising Trump’s immigration ban, though later retreated from 1.0742 to bottom at 1.0619. In the short term the pair is poised to further decline.

EUR/USD Daily Technical Analysis

EUR/USD closed the week almost unchanged. During the past five weeks the pair is gaining momentum, but the resistance at 1.0770 set EUR/USD around 1.0700 area.

EUR/USD Daily Technical Analysis