EURUSD Daily Analysis – May 5, 2014
EURUSD is now in uptrend from 1.3775.
EUR/USD
EURUSD Daily Analysis – May 1, 2014
EURUSD is facing 1.3879 resistance, a break above this level will signal resumption of the uptrend from 1.3672, then next target would be at 1.3950 area.
Tough times for EUR/USD forex traders
It’s been a tough couple of weeks for eurodollar traders, with the pair trading in a congested range, testing the 1.3780 floor to the downside and the 1.3870 ceiling to the upside on the daily chart.
EURUSD Forecast April 25, 2014, Technical Analysis
The EURUSD pair went back and forth during the session on Thursday, ultimately settling on a slightly positive candle.
EURUSD Daily Analysis – April 21, 2014
EURUSD remains in downtrend from 1.3905, the rise from 1.3790 could be treated as consolidation of the downtrend.
EURUSD Forecast April 17, 2014, Technical Analysis
The EURUSD pair rose during the session on Wednesday, using the 1.38 level as a springboard. However, we pulled back enough to form a shooting star, and it appears that the market is going to continue to meander in this general sanity.
EURUSD Forecast April 16, 2014, Technical Analysis
The EURUSD pair went back and forth during the session on Tuesday, forming a very neutral candle.
EURUSD Forecast April 15, 2014, Technical Analysis
The EURUSD pair fell during the session on Monday, gapping lower as ECB members suggested that perhaps more monetary stimulus could come into play as the Euro is overvalued in their opinion.
EURUSD Daily Analysis – April 14, 2014
EURUSD broke below 1.3850 support, indicating that the uptrend from 1.3672 had completed at 1.3905 already.
EURUSD Trend Reversal (April 10, 2014)
EURUSD recently broke above a falling trend line on its 1-hour time frame, indicating that the downtrend is already over.