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EURUSD The Euro regained positive tone in the near-term picture, following yesterday’s positive close, which occurred above 1.25 handle. Bounce from 1.2442 hourly higher base, peaked at 1.2544, Fibonacci 76.4% of 1.2576/1.2442 upleg, capped by descending daily 20SMA and bear-trendline off...

EURUSD The Euro failed to sustain Friday’s gains and clear pivotal 1.2576/93 barriers, 04 Nov lower top / bear-trendline off 1.2884 and reversed back to 1.2420 zone, Fibonacci 76.4% retracement of 1.2397/1.2576 rally. Near-term technicals weakened on a pullback, however, 4-hour cloud base...

EURUSD The Euro returns to 1.25 zone, previous highs, reinforced by descending daily 10SMA, where yesterday’s rally stalled on repeated attempt higher. Sustained break and close above here is needed to confirm bulls, which are establishing on 4-hour chart, for further recovery towards next...

EURUSD The Euro enters near-term sideways mode following an upside rejection at 1.2576 and subsequent easing, which ended in yesterday’s close in red, but so far not making stronger impact on near-term price action, as fresh low at 1.2440, stays intact for now. Fresh bounce above 1.25 handle...

EURUSD The Euro’s extension of near-term corrective phase from fresh two-year low at 1.2440, with yesterday’s positive close, which occurred above 1.25 handle, was short-lived. The rally probed above 1.2565, 38.2% of 1.2769/1.2440 downleg, shy of the first breakpoints at 1.2600, round-figure /...

EURUSD The Euro bounces above 1.25 handle after posting fresh low at 1.2440, where temporary support was found. Overall negative tone and yesterday’s close below 1.25 level, suggest further downside after corrective action is completed, ideally under 1.2590/1.2600, 31.Oct lower top / 50%...

EURUSD The Euro maintains near-term positive sentiment off 1.2612 low, posted on 23 Oct. Yesterday’s acceleration higher, cracked initial barrier at 1.2750, but so far holds below broken bull-trendline from 1.2499 low, currently at 1.2780. Positive near-term studies favor further upside, as...

EURUSD The Euro came under increased pressure, with yesterday’s acceleration lower, erasing most of gains from 1.2603 low to 1.2765, where rally stalled, short of key 1.2790 peak. Negative tone has established on hourly studies and keeps focus at the floor of larger range at 1.2603. With...

EURUSD The Euro bounced off 1.2600 zone, low of the last week, where pullback from 1.2790 peak found temporary support. Rally reached 1.27 resistance area and 50% retracement of 1.2790/1.2603 downleg so far, with sustained break here and 1.2720/30, Fibonacci 61.8% / daily 20SMA, required to...

EURUSD The Euro accelerated lower post Fed and erased gains of corrective 1.2858.1.2993 rally, with lower top left at 1.2993. This confirms 1.30 zone as strong barrier, as break below previous low at 1.2858, shifts focus towards 1.2800, round-figure support and short-term targets at 1.2786...

EURUSD Near-term tone is positively aligned and sees the upside targets at 1.3000/1.3040 zone, round figure / 50%/61.8% retracement of 1.3153/1.2858 downleg in focus, as the price ticked higher, approaching initial 1.30 barrier. These levels are seen as turning points and sustained break would...

EURUSD The Euro trades in near-term consolidative phase above fresh low at 1.2858, with hourly tone being in neutral mode, while overall sentiment remains negative. Yesterday’s corrective attempt rejection at 1.2962, under last Friday’s 1.2987 corrective low, shows the upside attempts limited...

EURUSD The Euro is near-term corrective mode after fresh bears broke below 1.2930, 1.2660/ 1.2754 bull-trendline and extended under 1.29 handle, to reach fresh low at 1.2858. Recovery action was supported by yesterday’s positive close, however, no significant upside action would be expected...

EURUSD The Euro remains weak and ticked lower, after brief corrective attempt off 1.3117 was capped at 1.3144. The pair eyes immediate target at 1.31, however, yesterday’s Doji candle may signal further consolidation ahead of 1.31 support, as daily studies are overextended, but no reversal...

EURUSD The Euro returned to weakness after fresh acceleration lower ended near-term consolidative phase between 1.3150 and 1.3220 limits. Fresh attempts lower target immediate support at 1.31, psychological support and low of September 2013, below which opens double-Fibonacci support at 1.3020...

EURUSD The Euro holds overall negative tone and posted marginally lower low at 1.3177, levels last time seen one year ago, with near-term price action trading in consolidative mode, around 1.32 level. Oversold 4-hour and daily studies suggest more significant corrective action in the...

EURUSD The Euro continues to trend lower, with fresh acceleration below 1.33 handle, testing levels below initial 1.3247, Fibonacci 38.2% retracement target. Further bears are expected to test the next targets at 1.3209/00, Fibonacci 100% expansion of the wave from 1.3699 / psychological...

EURUSD The Euro has eventually broken near-term base and consolidation bottom, signaling resumption of larger downtrend, as the price tested psychological 1.3300 support. Studies on all timeframes remain negative and favor fresh downside, where the pair is looking for test of near-term targets...

EURUSD The Euro remains in near-term range trading, following repeated stall of attempts at 1.34 resistance zone, seen yesterday. Near-term studies weakened and trade in the range’s lower part, following pullback of 1.3398, yesterday’s rejection level and high of the day. Break of either side...

EURUSD The Euro ended the week in red, maintaining overall negative tone, with lower timeframes studies being in positive mode, as last Friday’s price action probed again above 1.34 barrier, with daily close occurring just ticks below daily highs. This keeps the upside favored in the...