EUR/USD Price Analysis: 1.2140 has emerged as strong support
EUR/USD’s downturn from the Jan. 6 high of 1.2349 has stalled with sellers struggling to keep losses below 1.2140. That level has restricted downside
Read More »EUR/USD Price Analysis: Rising wedge breakdown confirmed
EUR/USD has dived out of a rising wedge pattern represented by trendlines connecting Nov. 4 and Nov. 23 lows and Oct. 21 and Dec. 3 highs. Backed by a
Read More »EUR/USD Price Analysis: Probing the psychological level of 1.23
EUR/USD is trading near the psychological level of 1.23 at press time, having failed to establish a foothold above that level for the fourth straight
Read More »USD Price Outlook: Pound-Dollar Recoils Lower, Will it Last?
The US Dollar traded mixed on Monday as GBP/USD price action dropped 110-pips while EUR/USD notched a 27-pip advance and implied volatility readings cool off during the holidays.
Read More »EUR/USD Price Analysis: Rejected above 1.22
EUR/USD bulls struggle to establish a foothold above the psychological hurdle of 1.22 for the third consecutive day. The pair is currently trading nea
Read More »EUR/USD Price Analysis: Waiting for breakout
Further to the prior analysis, EUR/USD Price Analysis: Conflicting weekly and daily outlook, bulls in driving seat, the euro has indeed moved to the m
Read More »EUR/USD Price Analysis: Bears attack 1.2200 as US fiscal stimulus is finally out
EUR/USD refreshes intraday low to 1.2205, down 0.33% intraday, during Monday’s Asian session. In doing so, the quote extends losses after breaking 50-
Read More »EUR/USD Price Analysis: Double top pattern on 15-min chart
EUR/USD has carved out a double top bearish reversal pattern on the 15-minute chart. Acceptance under the double top neckline support of 1.2258 would
Read More »EUR/USD Price Analysis: Looks south after failed breakout on 4H
EUR/USD is trading around 1.2130 at the time of writing, having failed to keep gains above 1.2160 multiple times during the previous two weeks. The pa
Read More »EUR/USD Price Analysis: Euro attempting a bearish channel breakout on 4H chart
EUR/USD trades near 1.2145, having rallied by 0.46% from 1.2078 to 1.2134 on Thursday, snapping a four-day losing trend. The 4-hour chart shows the pa
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