EURUSD Forecast May 13, 2014, Technical Analysis
The EURUSD pair did almost nothing during the session on Monday, as the market sits right on top of the 1.3750 level, an area that we know is supportive.
EUR/USD
EURUSD Daily Analysis – May 12, 2014
EURUSD’s downward movement from 1.3993 extended to as low as 1.3745.
EUR/USD Forecast May 9, 2014, Technical Analysis
The EUR/USD pair tried to rally during the session on Thursday, mainly predicated upon the fact that the statement from the ECB failed to mention any type of immediate actions to quell the rise of the Euro. The 1.40 level has been rather resistive, and on top of that the European Central Bank has suggested that the 1.40 level is in fact a bit too rich for their liking.
EURUSD Forecast May 7, 2014, Technical Analysis
The EURUSD pair rose during the session on Tuesday, after the Germans printed better than anticipated numbers with the Services PMI announcement.
EURUSD Daily Analysis – May 5, 2014
EURUSD is now in uptrend from 1.3775.
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.