On Friday session the EURUSD initially fell but found enough buying pressure near the 1.1147 to turn around and managed to close in the green near the high of the day, creating a hammer pattern. The hammer pattern suggests that the currency might ...

EURUSD ONLY

EURUSD initially rallied on yesterday session but found enough selling pressure near the 1.1391 resistance to give all its gains back and close in the red at the low of the day. It was a typically profit taking day ahead of the high impact ...

EURUSD ONLY

On yesterday session the EURUSD initially fell but found enough support at 1.1097 to turn around and close near the high of the day, above a daily resistance. These 2 last sharp upward days are suggesting that traders are expecting bad US data on ...

EURUSD ONLY

On yesterday session the EURUSD rallied over 200 pips through a series of fundamental and technical catalysts and closed near the high of the day with a wide range day. The currency is now trading in a resistance zone, from 1.1097 up to 1.1236, so ...

EURUSD ONLY

EURUSD fell on yesterday session after reaching the 10 and 50 day moving averages but closed in the middle of the daily range suggesting that the downward move is not strong enough to continue. So we may expect some consolidation until Friday where ...

EURUSD ONLY

On Friday session the EURUSD rallied to the 10 and 50-day moving and closed in the green near the high of the day, on a narrow range day but below the 10 and 50 day moving averages. So today, a break above the 10 and the 50 day moving averages could ...

EURUSD ONLY

EURUSD had a high volatile session yesterday but manage to close in the green near the high of the day. The currency has to the upside strong resistance at the 10 and 50-day moving averages although the stochastic is showing an oversold market and ...

EURUSD ONLY

The EURUSD initially fell on yesterday session but found enough buying pressure just below the Fibonacci retracement (61.8) at 1.0853 to turn around and close in the green near the open of the day. Also the Scholastic is an oversold market so we may ...

EURUSD ONLY

EURUSD fell on yesterday session after breaking below the 50-day moving average and went straight to a Fibonacci retracement (61.8) at 1.0853 and closed near the low of the day. The currency changed phase from recovery to bearish and we might see ...

EURUSD ONLY

Yesterday session the EURUSD did not move much due to worldwide bank holiday but still manage to make a doji pattern on the 50-day moving average. A break below 1.0972 the 50-day moving average may trigger a dive to a Fibonacci retracement (61.8) at ...

EURUSD ONLY

On Friday session the EURUSD tried to rally but found yet again enough selling pressure near the 1.1186 Fibonacci level to give all its gains back and closed in the red near the low of the day, creating an outside day pattern. This pattern is ...

EURUSD ONLY

EURUSD tried to rally but found enough selling pressure near the 1.1186 Fibonacci level to give all its gains back and closed in the green near the open of the day, creating an inverted hammer pattern. This pattern is considered bullish so we may ...

EURUSD ONLY

EURUSD fell on yesterday session for the third day in a row but this time with a narrow range and closed near the middle of the daily range. The currency made its low at 1.1058 a Fibonacci retracement of 38.2 this suggests that is going to a ...

EURUSD ONLY

On yesterday session the EURUSD fell fast and hard after ECB statement saying that due to seasonal factors QE will be front loaded to May and June, hypothetically deposit rates could even be more negative. The currency closed near the low of the day ...

EURUSD ONLY

EURUSD fell on yesterday session with a wide spread day and closed near the low of the day, shy above the 10-day moving average. The high momentum witnessed yesterday is suggesting that the 10-day moving average may not support the price and a break ...

EURUSD ONLY

EURUSD initially fell on Fridays trading session but found enough buying pressure at Thursdays low to turn around and closed in the green near the high of the day. We are at a major daily resistance 1.1460 and we may enter in a choppy consolidation ...

EURUSD ONLY

EURUSD rose on yesterday session breaking above previous swing high and close in the middle of the daily range on a narrow range day. The narrow range day is a sign of weakness in the upward momentum as the currency approaches a daily resistance at ...

EURUSD ONLY

Since the start of May the EURUSD rose more than 1.3% and is in a recovery phase since late April, trading above the 10-day moving average. Yesterday the currency rose after bouncing off the 10-day moving average with above average volume and close ...

EURUSD ONLY

On yesterday session EURUSD rose and close in the green in near the high of the day, above the 10-day moving average. The currency is still in a recovery phase and stochastic is showing a slight bearish to neutral momentum but still above the 50 mid ...

EURUSD ONLY

EURUSD fell on yesterday session for the 3rd day in a row. The currency fell and closed in the red near the low of the day, on a 2nd narrow range day, showing that the downward move is losing momentum as the Greek government remains hopeful that the ...

EURUSD ONLY