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honeill replied Feb 4, 2015EURUSD rose during yesterday session to a daily resistance zone at 1.1460. However, this is an area that begins a cluster of resistance up to the 1.1557 level. A break above the 1.1557 could trigger an upward move to 1.1752 the next daily resistance ...
EURUSD
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honeill replied Feb 3, 2015EURUSD has been sheltered in a tight range since announcing of ECB massive stimulus package. Later today, the EURUSD will get a chance to react to U.S data on Factory Orders.
EURUSD
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honeill replied Feb 2, 2015EURUSD is consolidating in a tight range; it looks like the market is taking a pause to bread as the pair waits for the Friday’s nonfarm payrolls.
EURUSD
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honeill replied Jan 30, 2015It’s been a fundamentally eventful start to the year for the global economy’s central banks – the SNB removing its peg, the ECB announcing a 1.1 trillion euro stimulus package, and now Yellen privately hinting to US lawmakers that a rise in interest ...
EURUSD
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honeill replied Jan 29, 2015EURUSD fell during yesterday session in a typically digestion day with a narrow range day that created an inside day. The pair fell 6.41% since the star of the year and closed near the low of the day. Stochastic is showing a slight bullish momentum ...
EURUSD
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honeill replied Jan 28, 2015EURUSD rose during the course of yesterday session as the U.S Durable Goods Orders number came worse than expected. The US dollar sold off and the fact that we have the Fed monetary policy statement today we may expect high volatility in the pair.
EURUSD
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honeill replied Jan 27, 2015EURUSD rose during the course of yesterday after initially gapping lower. This shows that the market already price in the Greek elections and that the pair more than likely is going to retest the 1.1460 level that was a previous support that now ...
EURUSD
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honeill replied Jan 26, 2015EURUSD initially fell during the course of the session on Friday, breaking below the 1.11 handle. However, we ended up finding enough buyers down there to turn things back up but still closing well in the red. A retracement could offer us a selling ...
EURUSD
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honeill replied Jan 23, 2015EURUSD fell like an asteroid during yesterday session making fresh lows at 1.1315 and close near the low of the day creating an impulsive candle. The pair is in a well-established bearish phase and has fell 6.15% since the start of the year. ...
EURUSD
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honeill replied Jan 22, 2015EURUSD tried to rally during yesterday session but found enough selling pressure on the 10-day moving at 1.1680 to turn things back down to the open price. The pair closed near the open of the day creating an inverted hammer pattern. Stochastic is ...
EURUSD
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honeill replied Jan 21, 2015EURUSD fell during the course of yesterday session, but did not move very far from Mondays low at 1.1551. The pair is in a sideways action waiting for the “do or die” events the 1st one tomorrow with the ECB monetary policy and the other one on ...
EURUSD
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honeill replied Jan 20, 2015EURUSD rose on yesterday session but with a narrow range creating an inside day. The pair is trying to build up enough of a bullish momentum to head back to the 1.18 level. Be aware, this week is “do or die” for EURUSD due to the ECB monetary policy ...
EURUSD
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honeill replied Jan 19, 2015EURUSD initially fell making new low at 1.14595, but found enough buying pressure to turn things back around and close in the middle of the daily range. Technically the pair remains in an aggressive downtrend as fresh 11-year lows have been carved ...
EURUSD
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honeill replied Jan 16, 2015EURUSD fell hard and fast during the course of yesterday session and as a result we are well below the 1.17 handle. The Swiss National Bank in an unscheduled announcement ended the currency peg that it had been holding onto at the 1.20 level in the ...
EURUSD
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honeill replied Jan 15, 2015EURUSD fell during yesterday session making fresh lows at 1.1726 and close slightly in the green near the open of the day creating a long-legged doji. Stochastic is showing an oversold market setting higher lows and price is making lower lows, signs ...
EURUSD
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honeill replied Jan 14, 2015EURUSD fell on yesterday session reaching a new low at 1.1752 but has ultimately failed there again and has since rallied back toward 1.18 handle. This comes after the pair found strong selling at its 10-day moving yesterday. Looking at a ...
EURUSD
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honeill replied Jan 13, 2015EURUSD initially fell during the yesterday session but found enough support at 1.18 handle to bounce upon significant buying pressure and close in the middle of the daily range. The pair is consolidating but we may expect an upside correction before ...
EURUSD
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honeill replied Jan 12, 2015The EURUSD initially broke down below the 1.18 level during Friday’s session, but found enough buyers to turn things back around and close near the high of the day. Now the million dollar question will this bullish correction turn into a trend ...
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honeill replied Jan 9, 2015EURUSD remained bearish yesterday, short, medium and long-term technical trends remain bearish, mirroring fundamental concern about the EU and ECB stimulus forecasts. I remain short-term bearish under 1.1850 but risk of an oversold pullback is too ...
EURUSD
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honeill replied Jan 8, 2015EURUSD fell during yesterday session, testing the 1.18 level but technically, the pair remains very bearish but also much oversold, leaving us looking for a short-term bullish correction under 1.18, probably toward 1.20 where we once again expect to ...
EURUSD