EURUSD fell making a new multi-year low at 1.1846 during yesterday session and settled at 1.18728. We might see the pair in a choppy sideways action between now and nonfarm payroll numbers on Friday.

EURUSD

With inflation data coming in lower than expected and the USD as strong as it has been in years it is no wonder that the Fed feels no immediate pressure to begin raising rates. Technically all of this folds in nicely with the long-term downtrend we ...

EURUSD

EURUSD could not hold above the 1.25 level and fell during the yesterday session. The fall was quite substantial and the pair is ready to test the low of the year at 1.2246. In the short-term rallies will continue to offer selling opportunities.

EURUSD

EURUSD rose during the course of yesterday session, but lost steam just above the 1.25 handle. A break below the yesterday low we should see sellers coming into the marker and could then head to the 1.2250. The yesterday close above 1.25 handle may ...

EURUSD

The past several days has seen EURUSD enter a sideways consolidation pattern between 1.25-1.24, perhaps before the all-important US CPI data out today, which is expected to heavily influence the Fed’s interest rate timeline. As a reminder, high ...

EURUSD

EURUSD hiked higher during the course of Friday’s session, but struggled at the 1.25 handle again. The pair closed near the high of the day and its range is within the previous day range creating an inside day. A daily close above the 50-day moving ...

EURUSD

EURUSD initially tried to rally to the 1.25 handle on yesterday session but found enough resistance to turn back down. The pair ended up rolling towards the 1.2350 level, an area of significant support. Once the pair gets below it, Bears will show ...

EURUSD

EURUSD continues to find buyers on low news volume, but so far have failed to break any significant resistance, the most significant of those, in the short-term, being 1.2450. A sustained break there is needed to signal short-term bears are standing ...

EURUSD

EURUSD rallied on yesterday session but struggle to keep up the bullish momentum just below 1.2450 keeping the resistance intact, so near term outlook stays bearish. The pair might make another run to the 1.2450 level giving us another opportunity ...

EURUSD

EURUSD continues in a bearish phase on the longer timeframe charts despite the recent bullish rally back above 1.23. The pair is due for a bullish correction after months of tumbling, so remain technically bearish below 1.2450 and continue to look ...

EURUSD

EURUSD fell hard during the session on Friday, as the nonfarm payroll number came out much stronger than anticipated. The pair made fresh lows, as the market close to just below the 1.23 handle. The pair should continue to move first towards the mid ...

EURUSD

EURUSD tried to rally during most of the day yesterday, but struggled to stay above the 10-day moving average and the pair gave up about half of the gains considering that the non-farm payroll numbers are release today. Most traders will be willing ...

EURUSD

Bearish downtrend continues as expected and 1.2350 was broken, reinforcing bearish momentum for the trend. Bears remain in control of the pair below the 10-day moving average, currently at 1.2425. The fundamental explanation for the bearishness on ...

EURUSD

EURUSD has found renewed selling interest to start December, possibly driven by much stronger than expected US construction spending (to offset the slow start to the holiday sales season). The long-term downtrend remains firmly bearish but we will ...

EURUSD

Sideways action in EURUSD during yesterday session, essentially testing the 1.25 handle. The pair continues in a bearish phase, however, we stuck in the middle of the range between 1.24 and 1.25. So the wise thing to do is stay on the sidelines and ...

EURUSD

EURUSD tried to rally during the session on Friday, but found resistance at the 1.25 handle, and then pullback to form a doji pattern. The pair is in sideways action waiting for a big move one way or another. A close today above the 10 day moving ...

EURUSD

EURUSD fell during the course of yesterday session, as we moved back below the 1.25 handle. This pair has seriously been punched over the last several months and as a result until some change in fundamentals and technicals it will be difficult to ...

EURUSD

EURUSD initially fell during the course of yesterday session, but found enough support to turn things back around and breaking back above the 1.25 handle. With today being Thanksgiving, it’s likely that the liquidity will absolutely disappear during ...

EURUSD

Most US data came in better than expected, with 3rd quarter GDP revised up to 3.9% on a 3.3% expectation. Consumer spending was also better than expected, but consumer confidence came in weaker than expected which markets fear could bode poorly for ...

EURUSD

EURUSD initially fell during the course of yesterday session, but found enough support to bounce back up from the 1.24 handle. However, this is a pair that in a strong downward trend, so we may expect some sideways consolidation and the pair should ...

EURUSD