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EUR/USD The Euro holds positive near-term tone after yesterday’s rally above hourly triangle resistance that peaked at 1.3192. Corrective easing has so far been contained by 20 day EMA at 1.3150 zone, near Fib 38.2% of 1.3070/1.3192 upleg. Indicators on 1 and 4h charts are in the positive...

EUR/USD The Euro remains in the range-trading mode, with slight improvement seen on a break above 1.3100 barrier, as near-term base has been established at 1.3060 zone. Hourly and 4h structure remains weak, however, fresh strength threatens break through 4h triangle resistance at 1.3120, along...

EUR/USD The Euro failed to sustain gains on yesterday’s rally through key 1.3200 barrier, as the price reversed lower after posting fresh high at 1.3240. Gains were capped by 50% retracement of larger 1.3710/1.2744 descend, with reversal below 1.3200 handle, softening near-term structure. The...

EUR/USD The Euro extended recovery rally to briefly break above 1.3100 handle, however, gains were limited, as the price action was capped at 1.3115, failing to clear the barrier on repeated attempt. Pullback under 1.3100, could be seen as corrective, while price holds above 1.3050 zone, 50% of...

EUR/USD The Euro holds above 1.3000 but still directionless, moving within 1.2950/1.3100 range. Slight improvements seen on overnight’s gap-higher opening and upside aligned hourly studies, keep the immediate barrier at 1.3100 in near-term focus. Break above 1.3100, also 4h triangle resistance...

EUR/USD The remains weak, following yesterday’s fall that cracked 1.3000 support and dipped to 1.2972, where the pair found temporary footstep at 50% retracement of 1.2744/1.3200 rally. With quiet overnight trading, concentrated around 1.3000 handle, near-term focus is shifted towards the...

EUR/USD The Euro held within tight range during the Asian session, holding below 1.3100 barrier, despite 30-pips gap higher weekly opening. Bounce of recent range bottom at 1.3000 was rejected at 1.3125, Fib 61.8% of 1.3200/1.3000 descend, with Friday’s fall and close below 1.3100, keeping the...

EUR/USD The single currency erased recent gains on yesterday’s fall, as risk-off mode returns to play. Failure to clear important 1.3200 barrier, left a double-top that triggered sharp fall to psychological 1.3000 support. Denting the near-term base above 1.3000, turns the sentiment negative...

EUR/USD The Euro fell sharply yesterday after unsuccessful attempt above 1.3000, with 1.3047 double-top left, before the pair spiraled lower. Loss of previous low and near-term range floor, as well as close below 200 day MA, would be a signal of further weakness, as a part of broader downtrend...

EUR/USD The Euro broke above consolidation top at 1.3120, but gains are still limited under 50% of 1.3317/1.3017 fall and for now, insufficient to confirm reversal, signaled by Doji and big white candle, seen on 26/27 Feb. Positive hourly structure sees the upside favored for now, with stretch...

EUR/USD The Euro remains in a near-term consolidative mode, moving within 100 pips range. Hourly structure is negatively aligned, as 55 day EMA limits the upside and price holds below 1.3120/40, range top / Friday’s low. Break here would allow for further correction, however, prevailing...

EUR/USD The Euro remains within near-term 1.3144/1.3243 consolidative range, with hourly studies building up momentum, following gap higher opening. The notion is supported by last Friday’s Doji that may signal basing attempt, however, break above range top at 1.3243 is seen as initial...

EUR/USD The Euro lost ground after leaving an hourly double top at 1.3433, unable to sustain gains above recent consolidative range top at 1.3400. Losses accelerated on a break below 1.3400, losing also near-term base at 1.3300 and bull trendline off 1.2660 at 1.3275, to dip to 1.3235 so far...

EUR/USD The single currency’s break above four-day 1.3300/1.3400 consolidation, averts downside risk and signals basing attempt at 1.3300. Initial barrier at 1.3440, Fib 61.8% of 1.3518/1.3305 / 4h Ichimoku cloud base, comes under pressure, with break here expected to open more significant...

EUR/USD The near-term price action remains in a sideways mode, moving in a bearish pennant-shape consolidation. Yesterday’s spike higher failed to reach range top and initial barrier at 1.3400, keeping the upside limited by descending 20 day EMA, with negative structure on 4h chart, holding...

EUR/USD The Euro remains in two-day 1.3300/1.3400 range, with near-term structure showing bears still holding control. Studies on 4h chart are in the negative territory and descending 20 day EMA limits the upside. Basing attempt at 1.3300 is evident, as Friday’s Doji signals indecision...

EUR/USD The Euro came under increased pressure after yesterday’s upside rejection at 1.3518, accelerating loses through 1.3428, previous highs and broken channel line and psychological 1.3400 support. With over 76.4% of 1.3352/1.3518 ascend being reversed so far, immediate focus shifts towards...

EUR/USD The single currency regained some ground, as bounce from 1.3352 base cracked important barrier at 1.3365, channel resistance / 50% of 1.3576/1.3352, but failed to break higher. Consolidative action is for now held by hourly 20 day EMA and above 1.3430, previous range tops that keeps...

EUR/USD The Euro trades in a sideways mode, consolidating recent reversal from 1.3710 that found footstep at 1.3352, the midpoint of 1.2996/1.3710 upleg. Near-term price action moves within 1.3352 and 1.3428, last Friday’s high / low, as yesterday’s recovery rally stalled at 1.3426, where 4h 20...

EUR/USD The Euro eased further, to nearly fully retrace 1.3540/1.3710 upleg, once 1.3600 handle was lost. Initial signals of basing are seen on hourly chart, as 1.3540/30 area is seen as ideal reversal point, between 50% and 61.8% of larger 1.3413/1.3710 ascend, to keep underlying bull-trend...