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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...

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...