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
Posts Tagged: EUR/USD
EURUSD weekly analysis August 22 – August 26, 2016
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
EURUSD weekly analysis August 01 – August 05, 2016
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
EURUSD Technical Analysis July 18-22 2016
Daily timeframe The Friday candle was a significant bearish momentum on the pair, though the price still didn’t break out of the range between 1.10 and 1.1160. It’s difficult to… more
EURUSD Technical Analysis July 11-15 2016
Daily timeframe After breaking outside of the large multi-month channel, the pair is now in some sort of a horizontal channel, consolidating after the volatility spike from the Brexit event…. more
EURUSD Technical Analysis July 4-8 2016
Daily timeframe EURUSD consolidated last week inside of the large Brexit candle. As you can see the on the chart the last swing up is in the form of a… more
EUR/USD Bearish Retracement Approaches Key Support Area Near Uptrend Line
Eurozone – German Trade Balance Tomorrow, at GMT 6:00 a.m., the Destatis will release the monthly trade balance figure, which measures the difference in value between net import and export… more
EUR/USD Appears Bullish amid Lower than Expected Unemployment Rate
Eurozone – Unemployment Rate Today, at GMT 9:00 a.m., the Eurostat released the unemployment rate of the Eurozone. This unemployment rate measures the percentage of the total work force who… more
German Chancellor Prepares Stage for Additional EUR/USD Bearishness
As we recommended on July 6, the EUR/USD continued its bearish movement once the price closed below the support zone, around the 1.0950 level. Prior to this, the EUR/USD did… more
EUR/USD May Fall Further amid a “No” Referendum Result in Greece
Earlier today, the official Greek referendum results came out with an overwhelming majority towards the NO vote, which means that the majority of the voters in Greece selected to reject… more
