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honeill replied Sep 26, 2014EURUSD initially fell during the course of yesterday session, but found enough support just below the 1.27 level to turn things back around and form a hammer pattern. The hammer of suggests that we could get a bounce. If we can get above the 1.28 ...
EURUSD
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honeill replied Sep 25, 2014EURUSD fell during the course of yesterday session, breaking below the 1.28 level. However, the 1.28 level is only a short-term support, as far as long-term charts are concerned the significant amount of support is all the way down to the 1.2750 ...
EURUSD
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honeill replied Sep 24, 2014EURUSD broke higher during the course of yesterday session, but found enough resistance near the 1.29 level to turn things back around also the 10 day moving average is pushing the pair down. However, if we close below the 1.28 level, this pair will ...
EURUSD
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honeill replied Sep 23, 2014EURUSD initially fell during the course of yesterday session, but bounced just above the 1.28 level. The pair is going to consolidate within the 100 pips consolidation area from 1.28 to 1.29 level.
EURUSD
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honeill replied Sep 22, 2014EURUSD fell during the course of the day on Friday session, testing the 1.28 level yet again. However, the 1.28 level is holding and did not break down below and as a result this pair should continue to go sideways.
EURUSD
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honeill replied Sep 19, 2014EURUSD broke higher during the course of yesterday session, bouncing off from 1.2835 the lows from the Wednesday session. This market is in a consolidation area and therefore somewhere closer to the 1.30 level we will find enough resistance to turn ...
EURUSD
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honeill replied Sep 18, 2014EURUSD fell after initially trying to rally during yesterday session, sending this market just below the 1.29 level. After the Fed monetary policy statement the Euro lost value against the Dollar, but could not break down below the 1.28 key level. A ...
EURUSD
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honeill replied Sep 17, 2014Yesterday the EURUSD tested the 1.2988 key level and bounced off it but closed above the 10 day moving average. The pair looks like is developing a bearish flag pattern but without any confirmation yet.
EURUSD
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honeill replied Sep 16, 2014EURUSD pair fell during most of yesterday session, but bounced from the 10 day moving average closing above it. Because of this, the market is going to try to test the 1.30 level, an area that is significantly resistant. A sustained break above the ...
EURUSD
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honeill replied Sep 15, 2014EURUSD rose during the course of last Friday session, but the 1.30 level has offered resistance yet again. However, on the weekly chart we have formed a hammer so if the pair can get above the 1.30 level this market will break out to the upside and ...
EURUSD
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honeill replied Sep 13, 2014EURUSD had a dramatic week, falling once again and losing the 1.30 psychology level as the ECB surprised with strong measures. Will we see more falls or can a correction be expected now?
EURUSD
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honeill replied Sep 11, 2014EURUSD had a fairly peaceful session consolidating around the vicinity of 1.2880 to 1.2960. The pair is seems to be appealed to the 1.29 level, ultimately this market will break out to the downside and if we do, the market should aim for the 1.28 ...
EURUSD
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honeill replied Sep 10, 2014EURUSD made a fresh low during yesterday session, but the 1.2850 level has offered enough support to turn things back around and pushing prices up. With that being the case, the market looks like it could make a correction to the upside, but the ...
EURUSD
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honeill replied Sep 9, 2014EURUSD is trading under 1.29, continuing the downfall. The pair reached a low of 1.2881 yesterday. The latest leg down can be associated with strength of the greenback that reached high levels against many other currencies.
EURUSD
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honeill replied Sep 8, 2014EURUSD initially tried to rally during Friday session, but found resistance at 1.30 level and ended up forming an inside day, which suggests that the market is consolidating and getting ready for another push downward. So selling this market is the ...
EURUSD
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honeill replied Sep 5, 2014EURUSD fell hard during yesterday session as the European Central Bank surprised cutting all three interest rates and announcing a bond buying programme. The market looks as if it is going to continue selling, as the length of the candle is pretty ...
EURUSD
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honeill replied Sep 4, 2014EURUSD rose slightly during the Wednesday session, but found sellers above again on the 10 day moving average. All eyes will be on the interest rate statement coming out of the ECB today, looking for clues of further QE out of Brussels. The 1.32 ...
EURUSD
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honeill replied Sep 3, 2014EURUSD initially fell during the course of yesterday session making yet again new lows at 1.3109, but bounced enough to create a hammer pattern. It appears that the market could get a bounce from here to the 1.32 level. Let’s see what ECB brings to ...
EURUSD
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honeill replied Sep 2, 2014Yesterday, EURUSD made a new fresh low at 1.3118 but went nowhere during a particularly light session due to U.S. and Canada Labour Day holiday. The downward trend is showing some signs of weakness with stochastic displaying oversold conditions so ...
EURUSD
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honeill replied Sep 1, 2014EURUSD made a new low at 1.3130 and had another negative session on Friday, but did not break below September 2013 low at 1.3102 yet. So EURUSD is expected to head to the 1.31 level, and then eventually the 1.30 level which we see as much more ...
EURUSD