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EURUSD The Euro’s near-term tone weakened, as the price failed to clear psychological 1.37 barrier after brief probe above recent range top at 1.3686 and subsequent easing cracked range’s lower boundary at 1.3636. Hourly studies turned negative, with downside risk towards Fibonacci 50% and...

EURUSD EURUSD remains unchanged trading sideways between 1.3720 and 1.3665. This is causing the price to trade at the 55 and 20 moving average on the 1 hour chart. Overall the dollar remains strong on expectations of a further reduction in US monetary stimulus. However we expect limited action...

EURUSD The Euro extends recovery rally from 1.3294 low to eventually break above important 1.3546/63 barrier, 06/11 lower high / 50% retracement of 1.3831/1.3294 descend / daily Kijun-sen line, on extension to 1.3577 so far. Near-term bulls remain in play, with corrective pullbacks on oversold...

EURUSD The Euro remains steady and extends rebound from last week’s fresh low at 1.3294, with strong barrier at 1.3460/70 zone being cleared. The price tested psychological / Fibonacci 38.2% of 1.3831/1.3294 resistance at 1.3500 so far, where gains were limited by broken bull trendline off...

EURUSD The Euro’s near-term tone turned positive, as extended consolidation broke above triangle resistance and tested the upper border of consolidative range. Hourly indicators moved above their midlines, with bullish momentum being built on 4-hour chart, supporting final attempt through...

EURUSD The Euro steadies above 1.35 handle, ahead of ECB today, with no significant rallies seen so far, after the pair posted marginally fresh high at 1.3546 yesterday. Hourly studies are positively aligned, along with north-heading 4-hour indicators that suggests further recovery, with 1.36...

EURUSD The Euro trades in a near-term consolidative phase, after last week’s sharp fall, the biggest weekly loss in over one year. The pullback from 1.3831 peak was for now contained at very strong daily support at 1.3450/20 zone, previous peaks of 19/06 and 20/08 / daily cloud top and...

EURUSD The Euro trades in extended consolidative phase, off fresh high at 1.3831, with price holding for now within 1.3760/1.3831 range. Negatively aligned hourly studies keep the downside risk in play while the price stays below 1.38 barrier, as 4-hour indicators are heading south and support...

EURUSD The Euro resumes bulls and cracks psychological 1.38 barrier, after near-term consolidation under the latter was completed. Extension of the third wave that commenced from 1.3103, 06/09 higher low that broke above its 100% Fibonacci expansion at 1.3797, focuses the next target at...

EURUSD The Euro trades in widened consolidative range, with downside being for now protected by hourly 55DMA / 4-hour 20DMA at 1.3650, also Fibonacci 23.6% of 1.3472/1.3702 ascend and previous high of 03/10. Hourly studies are neutral to negative, with further sideways mode seen while 1.3650...

EURUSD The Euro ended week in the positive tone, closing just below psychological 1.37 barrier that was cracked last Friday. Annual high at 1.3710 remain in immediate focus, with break here to extend the third wave that commenced from 1.3103, 01/09 higher low and could travel to 1.3803, its...

EURUSD The Euro remains at the back foot, as break below initial 1.3540 support, triggered fresh acceleration that fully retraced 1.3500/1.3645 upleg. Break below 1.3500 support, focuses strong support zone at 1.3460/40, higher platform / previous peak of 20/08 and Fibonacci 38.2% retracement...

EURUSD The Euro consolidates within 1.3540/90 range, after pullback from 1.3645 peak found support at 1.3540, Fibonacci 61.8% retracement of 1.3476/1.3645 upleg. Hourly studies are weak, while 4-hour RSI holds in the neutral area; MACD just above the midline and loss of momentum maintains the...

EURUSD The Euro remains in near-term corrective mode, off fresh high at 1.3645, with weekly close at 1.3550, where 4-hour 55DMA / Fibonacci 61.8% of 1.3476/1.3645 contained pullback. Positive structure on 4-hour chart, along with weekly gap-higher opening, holds the overall positive sentiment...

EURUSD The Euro erased last Friday’s gains, after rally stalled near 1.3567 peak and subsequent reversal dipped close to 1.3500 handle. Negative sentiment was confirmed by gap-lower opening, with price moving in the lower part of 1.3460/1.3567, one-week range. Hourly studies turned negative...

EURUSD The Euro regained levels above 1.35 handle after finding ground at 1.3460, just ahead of strong support at 1.3450, 20/08 previous high and 50% retracement of 1.3337/1.3567 rally. The price action moves towards the upper boundary of near-term range at 1.3550, with improved hourly...

EURUSD The Euro continues to descend gradually, after losing 1.35 handle, with fresh weakness approaching strong 1.3450 support, 50% retracement of 1.3337/1.3567 upleg / previous top of 20/08. Negative hourly studies and 4-hour indicators breaking below the midlines, see scope for further...

EURUSD Hourly structure weakened, as the price broke below initial 1.35 support. Fibonacci 38.2% of 1.3337/1.3567 upleg at 1.3480 was tested so far, with further corrective easing not ruled out. However, positive 4-hour studies see scope for shallow correction, before bulls re-assert for fresh...

EURUSD The Euro continues to trade sideways, awaiting Fed’s decision and holding within 1.3324/84 consolidative range. The downside is protected by hourly Ichimoku cloud and ascending 55DMA, with positively aligned near-term studies, keeping near-term bulls in play. Final push through 1.3384...

EURUSD The Euro hit fresh three-week high vs the dollar at 1.3380, as risk-on mode accelerates and the pair started the week with 60-pips gap-higher opening. The price trades in a narrow consolidative range, ahead of the next target and lower platform at 1.3400, break of which to open key...