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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 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 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 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 Recovery off 1.25861.2625, 24/31 Aug lows has reached 1.2855, just below off 1.2870, 38.2% retracement of 1.3332/.2586. To resume recovery, break above 1.2931 is required, while loss of 1.2740 would signal bear resumption. Res: 1.2855, 1.2870, 1.2903, 1.2931 Sup: 1.2775, 1.2741...

EUR/USD Continues to trend lower, following reversal off key lower top at 1.3360, and break below pivotal 1.3114 low. 1.2935 has been reached so far, en-route to 1.2885/40, 22 Apr 2009 low/trendline off 1.2331, Oct 2008 bottom. 1.2995/1.3047 offers immediate resistance. Res: 1.3047, 1.3113...