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EUR/USD The pair continues to trend higher and approaches the next target at 1.3600, following break above very strong 1.3500 resistance zone. Positive technical were supported by fundamentals that gave the single currency an additional boost. Corrective easing on overbought hourly / 4h...

EUR/USD The single currency remains in a near-term consolidative mode, following repeated failure at 1.3477 that keeps key 1.3500 zone intact for now. With the lower boundary of near-term range and 55 day EMA, coming under pressure, further easing is seen likely, as hourly studies are...

EUR/USD The single currency continues to trend higher, with last Friday’s break and weekly close above 1.3400 barrier, opening way towards key medium-term resistance at 1.3500 zone. Rally peaked at 1.3477, just ahead of 2012 high at 1.3485 and 50% of 1.4938/1.2042 descend at 1.3490 that also...

EUR/USD The single currency continues to move within one-week 1.3400/1.3255 range, with yesterday’s slide being contained at psychological 1.3300 support. Bounce higher brings positive sentiment and sets scope for possible attack at strong 1.3400 barrier. Positive hourly studies support the...

EUR/USD The Euro remains steady, trading in consolidative sideways mode, off fresh 11-month high at 1.3400, posted yesterday. Close above 1.3360, yesterday’s opening price, keeps the upside in near-term focus, however, further consolidation cannot be ruled out, as 4h studies are extended. Range...

EUR/USD Upside remains capped at 1.40 near-term with latest pullback extending through 20 day MA at 1.3940 and retracing over 61.8% of 1.3854/1.4012 ascend. While 1.40 intact, immediate scope is seen for possible probe under 1.39 and retest of 1.3854, break of which will confirm double top and...

EUR/USD Trades just under 1.40 barrier after support was found at 1.3854 and fresh strength briefly broke above 1.40. The latter still acts as strong resistance, though, near-term studies remain positive, and while 1.3854 underpins, scope is seen for fresh attempt through 1.4000/35 to signal an...

EUR/USD Trades in a narrow consolidative range after brief break through psychological barrier at 1.40 failed to sustain gains. Near-term studies remain supportive for fresh attempt at 1.40, with clear break to expose 1.4083/1.4100 next, ahead of key resistance at 1.4280, Nov 2010 lower high...

EUR/USD Has fully retraced the recent 1.3837/1.3710 decline, extending gains to test key near-term barrier at 1.3860, posted on 02 Feb. Sustained break here will open way for fresh phase of broader upleg from 1.2872, 10 Jan low, and expose 1.3945, 76.4% retracement and 1.3972 , 09 Nov 2010...

EUR/USD Near-term bulls remain capped by 1.3570/76 zone for now, as renewed attempt higher stalls at 1.3569 today. Subsequent reversal has so far seen brief dip below 1.35, with sustained break lower to turn immediate tone negative and focus 1.3475/50, ahead of possible return to 1.3427, loss...

EUR/USD Near-term price action has found temporary support at 1.3427, with fresh strength attempting through 1.3555/76 resistance zone. Break here is needed to confirm immediate recovery mode and look for upside extension towards 1.3625/35, then trendline resistance, currently at 1.37. Failure...

EUR/USD Extended decline from 1.3743 09 Feb lower high, to post fresh low at 1.3427 yesterday, ahead of the latest recovery attempt. This is seen capped by 1.3550, 38.2% of 1.3743/1.3427 decline for now, with lift above 1.3550/76 required to signal further recovery and open 1.3584, 50%, and...

EUR/USD Remains entrenched within 1.3611/87 range after recovery from 1.3507 stalled at 1.3687 yesterday. However, positive near-term tone favors break through 1.3687 to extend gains towards 1.3724, 61.8% retracement of 1.3860/1.3507 downleg and 1.3766. Initial support at 1.3611/00 underpins for...

EUR/USD Trades in a near-term corrective/consolidative mode after the latest rally reached fresh 3-month high at 1.3860. Dips broke below 1.38 level, though further extension into 1.3760/50 is seen corrective, ahead of fresh attempt higher. Above 1.3860 to target 1.3886/1.3938, with test of key...

EUR/USD Reversal from 1.3457, 14 Jan peak has found support at 1.3243, just above 38.2% retracement of 1.2872/1.3457 ascend, ahead of fresh strength. Break above 1.3400 barrier now looks for retest of 1.3457, ahead of key 1.35 resistance, break of which is needed to spark fresh phase higher...

EUR/USD Bounce off 1.2872 initially failed on attempt at key short-term resistance at 1.35, stalling at 1.3457. Corrective pullback is so far supported by 1.3240/00 zone and fresh strength required to clear 1.3457/1.35, to signal fresh recovery phase towards 1.3784. Failure under 1.35, however...

EUR/USD Final push through key 1.2968 support has so far seen 1.2934, ahead of 1.2920/18, Aug/Sep 10 highs and 1.2795, 61.8% retracement of the broader 1.1875/1.4280 uptrend. Bounce higher is for now seen capped by 1.3054/80, while lift above 1.3130/70delays immediate bears. Res: 1.3021...

EUR/USD Accelerated losses after breaking through 1.3085, 200 day MA and 1.3054, 23 Dec 10 higher low to test 1.2968 pivot. Hourly studies remain bearish but oversold and correction higher would precede fresh weakness. Immediate resistance at 1.3080/1.3130. Break below 1.2968, however, will...

EUR/USD Remains at the back foot after falling from 1.3423 to 1.3249, with subsequent recovery so far being capped by 1.3364. While 1.3423 peak stays intact, focus is turned lower, and loss of 1.3249 to target 1.3212, 61.8% of 1.3082/1.3423 upleg. Strong support lies at 1.3085/54, ahead of key...

EUR/USD Recovery attempt from 1.3163 failed to attack 1.3322, key near-term resistance, leaving lower top at 1.3281 for fresh weakness. Loss of 1.3200 opens 1.3163 pivot, break of which would signal an extension of pullback from 1.3426 and expose 1.3143, 61.8% Fibonacci level next. Res: 1.3281...