EUR/USD continued its descent and even broke below the support at 1.2500, reaching a new low at 1.2440. Despite the current pullback I think we will see the bearish trend continuing, at least until it reaches 1.2200, perhaps even 1.2000.

EURUSD

EUR/USD keeps falling and it will likely reach 1.2500. What happens next is up for debate, however. Will it form a double bottom and bounce back or will it break below the support at 1.2500 and head even lower? Personally, I still think that the ...

EURUSD

After the FOMC news yesterday EUR/USD dropped significantly without even reaching the resistance at 1.2830. It will likely continue to descent with target 1.2500, which is a pretty strong support level.

EURUSD

EUR/USD broke above 1.2750 and is likely headed for 1.2800, even 1.2830. Also, depending on the FOMC news later today we might finally see some increased volatility on the market. If the pair can't break above the resistance at 1.2830 we might see a ...

EURUSD

EUR/USD started climbing again and it looks like it is headed for target 1.2830, where there is a significant resistance. I'm assuming that it will begin testing that resistance again, but at this point whether it will be able to break above it is ...

EURUSD

Monday proved to be as slow and uneventful as Friday with EUR/USD moving in a tight range, although it does seem to be heading up again, probably for 1.2830. Or this movement could be just part of the range.

EURUSD

I didn't expect that Friday would be so uneventful. Nothing interesting is happening and I think we might have to wait for Monday before we see any major change in the EUR/USD chart. Have a fun weekend, everyone.

EURUSD

EUR/USD was descending but encountered support at 1.2630 and bounced back a bit from it. Personally, I still think it will reach 1.2500 but it needs to break below the support at 1.2630 and it's uncertain whether that will happen right away or range ...

EURUSD

EUR/USD could not break above the resistance level at 1.2840 despite spending days testing it and eventually started descending again, breaking below the support level at 1.2680. I think the next target is 1.2520.

EURUSD

EUR/USD has been testing the resistance level at 1.2840 for days now but it seems it cannot break above it. Still, there is no proper signal yet for a reversal and the situation remains unclear.

EURUSD

After that hanged man candlestick on the daily filter chart right under the resistance I expected EUR/USD would start dropping again, and it did, but not nearly as much as I suspected it would. Now there is a doji in the daily filter chart, perhaps ...

EURUSD

There is a hanging man candlestick in the EUR/USD daily filter, which is usually a signal for reversal. In combination with the resistance at 1.2840 - 1.2850, which is exactly where the hanging man candlestick is, I think EUR/USD will start ...

EURUSD

The EUR/USD correction continues and it looks like it really might reach 1.2900 after it bounced back from the support level at 1.2700.

EURUSD

Not only did EUR/USD reach the target at 1.2850 but it broke above that level and reached 1.2887. At the moment I think it's a little too early to tell whether it will start descending again. On the other head, it might keep climbing until it ...

EURUSD

EUR/USD range has continued for several days now and it looks like we might have to wait a bit more before it becomes clear whether it will start descending again or not. As I see it, it either has to break above the resistance at 1.2750 – 1.2760 so ...

EURUSD

The market appears quite calm and the EUR/USD correction slowly continues. Personally, I think its current target is 1.2870, perhaps 1.2900. However, I am still not convinced that the downward trend is over and that this is a reversal, so I think I ...

EURUSD

EUR/USD seemed to be in a bullish correction but it also started heading down again. At this point I am not certain whether this is part of the correction or the bearish trend is continuing, or if this is an attempt to form a double bottom. I think ...

EURUSD

It looks like correction has begun for EUR/USD - it's currently trading at around 1.2770 with a likely target at 1.2800, perhaps even 1.2900 later on. The question is whether the bearish trend is exhausted and this is a reversal or not.

EURUSD

EUR/USD is still climbing slowly but currently the market is not at all volatile, because everyone are waiting for USD Fed to release the Minutes from the FOMC meeting – they should do so later today and then it will probably become obvious whether ...

EURUSD

Some correction did begin for EUR/USD and it appears that the current target is 1.2710. There is a pretty strong resistance there, so once it reaches that level I will be on the lookout for any signals that it might start falling again.

EURUSD