EURUSD Daily Analysis – November 7, 2016
EURUSD broke below the upward price channel on 4-hour chart, indicating that consolidation of the uptrend is underway.
FXE
EURUSD Forecast November 3, 2016, Technical Analysis
The EURUSD pair continued to grind higher during the day on Wednesday, as fears over a switch in the expected outcome of the presidential election in the United States of course has have the US dollar falling.
EURUSD Daily Analysis – October 24, 2016
EURUSD’s downward movement from 1.1279 extended to as low as 1.0859.
EURUSD Correction Setup Oct 14, 2016
EURUSD recently broke below its descending triangle support at 1.1130 and has dipped to a low of 1.0988 before showing signs of a pullback. Applying the Fib tool on the latest swing high and low shows that the 61.8% Fibonacci retracement level lines up with the broken support, which might now hold as resistance.
USDCHF Parity In Sight As Dollar Extends Bullish Momentum
In recent days we have seen the dollar’s bullish trend gain momentum against the G10 currencies. Investors appear to be expanding their bullish bets on the greenback amid rising expectations that Donald Trump’s reputation will prevent him to become the next US president.
EURUSD Forecast October 4, 2016, Technical Analysis
The EURUSD pair fell slightly during the course of the session on Monday, and as a result I feel that there is more than enough support below to eventually find buyers, and I believe that the 1.1150 level below is massively supportive.
EURUSD Forecast September 27, 2016, Technical Analysis
The EURUSD pair initially fell during the course of the session on Monday, but turn right back around to reach higher.
EURUSD Daily Analysis – September 26, 2016
EURUSD is forming a sideways consolidation in a range between 1.1123 and 1.1326.
EURUSD FOMC Decision Won’t Necessarily Be A Binary Outcome For USD
Risk is on the menu at the start of this new week with stocks, crude oil and commodity currencies all climbing higher, while the dollar is easing back slightly after Friday’s rally.
EURUSD Forecast September 13, 2016, Technical Analysis
The EURUSD pair went back and forth during the day on Monday, as we continue to try to find our footing in this market.