EUR/USD gained momentum during last two sessions, but yesterday couldn’t reach 1.20 mark and closed at 1.1945, more than 50 pips lower for the week. But in fact this is only a technical correction as the five month uptrend remains intact.

EUR/USD Daily Technical Analysis

EUR/USD ragains 1.19 after the US inflation report. But it’s not enough for recovering the bullish trend in the short-term.

EUR/USD Daily Technical Analysis

EUR/USD fell sharply today amid tax reform plans talks having marked daily low at 1.1885, the lowest level for the last week. If the pair continue to fall next support at 1.1865 will come into play.

EUR/USD Daily Technical Analysis

The short term ourlook for EUR/USD turned to negative, but however the downside movement is limited by 1.1920. The pair bounced from the daily low at 1.1925 and the current market price is 1.1963 and in case of holding above 1.1950, doors will ...

EUR/USD Daily Technical Analysis

EUR/USD lost upward stength today , broke below 1.9070 and marked intraday low at 1.1954. However tThe decline seems to be corrective, as in the long term bulls remain unwavering.

EUR/USD Daily Technical Analysis

EUR/USD closed slightly above 1.20, up more than 150 pips for the week. The pair might meet first challenge at 1.2090, next at 1.2170 and higher at 1.2245. Looking to downside fist support is seen at 1.2000, second at 1.1945 and lower at 1.1875.

EUR/USD Daily Technical Analysis

The start of Draghi’s press conference skyrocketed the EUR/USD pair to a new fresh high at 1.2059. However later the pair retreated and the current market price is 1.2003. Upside remains capped by 1.2040 while dowside is limitted by 1.1980.

EUR/USD Daily Technical Analysis

EUR/USD remains range bounded and is trading around 1.90 mark, as the focus now is set by the anticipation of the ECB moneraty policy desicion.

EUR/USD Daily Technical Analysis

EUR/USD is still sustained by risk ahead of ECB meeting, but today is seems the pair is gaining upward traction.

EUR/USD Daily Technical Analysis

During the last two days the bulls calmed down and the EUR/USD pair is seen in conslidation around 1.1890 level. All eyes on ECB today with no positive expecations for the single currency.

EUR/USD Daily Technical Analysis

It seems that the week ahead will be very intersting amid the political turmoil today from North Korea and Trump’s response on twitter. From Europe we have ECB monetary policy meeting. Anyway my favourites will be the Swiss Franc and Gold.

EUR/USD Daily Technical Analysis

The key support area for next week is locatd at the 1.1790/1.1820 area, while first resistance is seen at 1.1920, next at 1.1960 and higher at 1.2030.70 region.

EUR/USD Daily Technical Analysis

Last week the EUR/USD pair did an amazing rally and hit a two year high at 1.2070, but afterwards sharply dropped to 1.19. The greenback sank on Friday after Bloomberg dropped headline that the ECB will probably delay tapering QE beyond September, ...

EUR/USD Daily Technical Analysis

EUR/USD is facing first supprot at 1.1814, followed by 1.1710 and 1.1662. Looking to the upside, a break above 1.1905 would enforce bulls towards 1.2069 and higher at 1.2167.

EUR/USD Daily Technical Analysis

After having crazy two days, the EUR/USD is going to calm down today and awating for the next catalyst. Today the macro agenta is not offering much, but Friday we have the NFP from USA.

EUR/USD Daily Technical Analysis

EUR/USD extended the rally on post-Yellen gains and jumped to a fresh 20-month high at 1.1912 after Draghi’s speech. Now the major resistance at 1.20 is a great challenge for euro bulls.

EUR/USD Daily Technical Analysis

EUR/USD is hovering around the 1.18 handle today amid the light macro calendar. Tomorrow’s speeches of Mario Draghi and Janet Yellen will set more clear direction for the pair.

EUR/USD Daily Technical Analysis

The German ZEW servey today showed that the business sentiment has dropped beyond the expectations, which influenced the EUR/USD pair and it fell down to 1.1744. The short term outlook is neutral according to the technical readings on the four-hour ...

EUR/USD Daily Technical Analysis

A positive data on the ZEW survey today may support the euro bulls and send the EUR/USD pair back above 1.18. In case of disapointing results, the price will continue to correct lower around 1.1750 area.

EUR/USD Daily Technical Analysis

The EUR/USD pair moved higher today and marked a weekly high at 1.1827 backed up by the weak US dollar and the lack of important fundamental news. Bulls are aiming higher in the short term. Immediate resistance is seen at 1.1845 and in case of ...

EUR/USD Daily Technical Analysis