EURUSD weekly analysis August 29 – September 02, 201
Daily timeframe EURUSD reversed from the strong area of resistance last week even before reaching the 1.14 level and it even went off to break the small 1-month channel last… more
Daily timeframe EURUSD reversed from the strong area of resistance last week even before reaching the 1.14 level and it even went off to break the small 1-month channel last… more
Daily timeframe The EURUSD pair is approaching the resistance area at 1.14. This level marks an important technical zone because several resistance lines intersect at or near 1.14 (See the… more
Daily timeframe The picture has not changed much since last week as the EURUSD pair is still tightly constrained inside the post-Brexit channel. One interesting thing to take notice of… more
Weekly timeframe After several weeks it’s time to update the longer term picture. All the lines from the Daily chart are left on this weekly chart plus the 17-month-old consolidation… more
Daily timeframe Last week, somewhat surprisingly, we saw the pair breaking out to the upside instead of continuing to the downside. Now it stands right in the resistance area of… more