Pair’s Outlook Friday’s price action and a large downside gap confirmed an assumption that there is a formidable resistance area between 1.39 and 1.395. Accordingly, while there could be ... Read More
Pair’s Outlook EUR/USD continues to advance. It has just breached the weekly R2 and is about to hit the down-trend resistance line that connects peaks of the past six ... Read More
Pair’s Outlook Just as many other resistances, the monthly pivot point also failed to stop the Euro from going higher. However, EUR/USD is now approaching a key resistance zone ... Read More
Pair’s Outlook The 55-day SMA failed to contain bullishness of the common currency yesterday. As a result, EUR/USD is now testing the monthly pivot point at 1.3815, which guards ... Read More
Pair’s Outlook As it turned out, EUR/USD did not carry on with the decline. Instead, it bounced off the 100-day SMA despite the bearish daily technicals and recovered back ... Read More
EUR/USD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.3966, the rise from 1.3672 is likely consolidation of the downtrend. Resistance is located ... Read More
Pair’s Outlook As EUR/USD closed beneath the 100-day SMA last week, there is a good chance Euro’s depreciation will persist. But the sell-off will then face a number of ... Read More
Pair’s Outlook As the 55-day SMA failed to underpin the pair, now it is 100-day SMA’s turn to try to prevent further depreciation of the Euro. However, if this ... Read More
Pair’s Outlook Despite a good start EUR/USD failed to preserve a bullish tendency and declined after touching the resistance at 1.3820/15, which is created by the monthly PP and ... Read More
Pair’s Outlook For now this week is bullish for EUR/USD, as it is about to post a third day of gains. Still, there are significant obstacles lying overhead and ... Read More
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