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- Fxwes replied May 18, 2016
EUR/USD didn’t move significantly on Tuesday and continued trading at familiar levels for the second consecutive day. The euro depreciated softly to 1.1311 and reached extremes at 1.1348 and 1.1301. Fed minutes failed to support the US dollar. Bears ...
EUR/USD Daily Technical Analysis
- Fxwes replied May 16, 2016
The single currency recorded slight increase against the dollar on Monday, breaking a two-day negative series. The pair moved within a narrow range with extreme values reached at 1.1341 and 1.1301, and finally the euro rose 11 pips to a closing ...
EUR/USD Daily Technical Analysis
- Fxwes replied May 16, 2016
On Friday session the single currency continued to depreciate against the US dollar for a second day, which marked another negative week. The daily decline amounted to 65 pips to a closing price of 1.1310 as the pair traded within the extreme values ...
EUR/USD Daily Technical Analysis
- Fxwes replied May 13, 2016
On Thursday session EUR/USD was trading slightly lower and earlier this morning hit 1.1366. Although there’s no substantial downtrend and generally the pair moves sideways without clear direction from Monday, the bearish scenario still effects with ...
EUR/USD Daily Technical Analysis
- Fxwes replied May 12, 2016
The pair has lost the will to find a clear direction. The lack of major macro data and minimal volatility keep EUR/USD stuck around 1.14. Immediate resistance is located at 1.440 and the support I around 1.340. In case of breaking it, the pair will ...
EUR/USD Daily Technical Analysis
- Fxwes replied May 11, 2016
The euro marked a slight drop against the US dollar on Tuesday session. The short-term indicators remain in favor of the US currency. In this case the pair might test the support at 1.1309.
EUR/USD Daily Technical Analysis
- Fxwes replied May 10, 2016
EUR/USD did not make significant movement yesterday and again failed to conquer 1.14. The bias remains bearish in nearest term with a possible test of 1.1275 - 1.1200. First resistance is around 1.1430. A clear breakout beyond it, might take price ...
EUR/USD Daily Technical Analysis
- Fxwes replied May 9, 2016
EUR/USD started the new week hovering around 1.14 as there are not enough incentives to push the pair into clear direction. Immediate resistance is seen at 1.14450 and 1.1470 levels. The support is located at 1.14 and if we witness a break, the pair ...
EUR/USD Daily Technical Analysis
- Fxwes replied May 6, 2016
On Thursday session the euro marked a decline against the US dollar. The session started at 1.1485 and the price managed to break through the first support at 1.1450. The pair lost 81 pips to a closing price of 1.1404. If the euro keep its downward ...
EUR/USD Daily Technical Analysis
- Fxwes replied May 5, 2016
Next on focus is US labor market data that will be released tomorrow. EUR/USD is testing the support located at 1.43. If the pair overcome it, will move downwards to 1.14, heading to 1.1370.
EUR/USD Daily Technical Analysis
- Fxwes replied May 5, 2016
On Wednesday session the euro marked a slight decline against the US dollar. The session started at 1.1495 and finished only 10 pips lower. The graphics continue to develop over moving averages, while the index of relative strength remains on ...
EUR/USD Daily Technical Analysis
- Fxwes replied May 4, 2016
After the six days rally was halted yesterday, today EUR/USD was trading in a narrow range, recording insignificant gains.
EUR/USD Daily Technical Analysis
- Fxwes replied May 4, 2016
The single currency recorded a decline against the dollar on Tuesday. After a volatile session, the euro lost 37 pips to a closing price of 1.1495. If the direction continue downwards, we can expect an attempt to test first support at 1.1450. On the ...
EUR/USD Daily Technical Analysis
- Fxwes replied Apr 27, 2016
After Fed statement US dollar was seen little uplifted and EUR/USD pair is trading up with 0.24%.
EUR/USD Daily Technical Analysis
- Fxwes replied Apr 27, 2016
On Wednesday session the euro managed to add nearly 30 pips against the US dollar to a closing price of 1.1295. Levels at 1.1339 (100-day moving average) tightened the further growth of the pair, while the lowest point was marked at 1.1256. Index ...
EUR/USD Daily Technical Analysis
- Fxwes replied Apr 26, 2016
EUR/USD had a slight bullish momentum yesterday, marking a daily high at 1.1277. The outlook is neutral, possibly with minor bullish impulse. The nearest support is seen at 1.1215 and if it might be broken, may set bears on pressure to test 1.1150.
EUR/USD Daily Technical Analysis
- Fxwes replied Apr 25, 2016
German Ifo surveys today frustrated the markets, but nonetheless the Euro stayed elevated. Immediate support downwards is seen at 1.1237 /38% Fibonacci retracement level/ with staying exposed for breaking 1.1215 /24% Fibonacci etracement level/.
EUR/USD Daily Technical Analysis
- Fxwes replied Apr 25, 2016
After three consecutive sessions of losses the euro bounced back and today is trading higher with 29% at 1.1259.
EUR/USD Daily Technical Analysis
- Fxwes replied Apr 22, 2016
The euro is still influenced by Mario Draghi’s speech and is facing weekly loss. For breaking the strong resistance at 1.14 is needed more powerful impulse.
EUR/USD Daily Technical Analysis
- Fxwes replied Apr 21, 2016
On Wednesday EUR/USD was trading lower at 1.1322. The euro walked away from its one-week high and is suffering a lack of bullish strength. The pair stepped back from the resistance at 1.1407 and if bears bring sufficient power, a test of the support ...
EUR/USD Daily Technical Analysis