The 1.1390 proved to be a strong resistance level for the EUR/USD pair, but nothing is certain before FED's rate decision later today.

EURUSD

It looks like the retracement on the EUR/USD might last a little longer after all. I think it will likely retest the 1.1460 level, which from support turned into resistance. That said, there's no indication that the bearish trend is over, so ...

EURUSD

The EUR/USD chart opened with a small gap after the elections in Greece on Sunday which the pair quickly recovered and it appears to be consolidating again. I think the bearish trend isn't over yet and next target is likely 1.1000.

EURUSD

EUR/USD is in a state of freefall and dropped over 500 pips for a single day, breaking below the 1.1200 level. Next target is likely 1.1000, but I think that it will eventually reach parity.

EURUSD

ECB's rate decision and Draghi's press-conference certainly had an effect on the market. EUR/USD broke below the support at 1.1540 and continued on its way down to break below 1.1400. Next target is likely 1.1300.

EURUSD

Another slow day for the EUR/USD pair. I am sure that after tomorrow's ECB rate decision and Mario Draghi's press-conference the market would be anything but slow. And then there're the Greek elections on Sunday. This is like the calm before the ...

EURUSD

EUR/USD formed several dojis in the 4 hour filter chart under the resistance level at 1.1610 and slowly began dropping but it hasn't broken below the support at 1.1540. Frankly, I don't think we can expect big movements before ECB monetary policy ...

EURUSD

The EUR/USD is consolidating after the big drop last week. The question is how long will this consolidation last. Personally, I do think it's high time for correction but at the moment there is no signal that correction is about to begin.

EURUSD

The EUR/USD dropped over 100 pips today and reached 1.1460. It looks like nothing can stop or slow the pair down any more, but the more it falls, the more suspicious I feel. It cannot fall forever and correction should start sooner or later.

EURUSD

I thought that range would last longer but EUR/USD dropped to 1.1567, forming a new historic low - the pair hasn't dropped this much since 2003. While at this point I have little doubt that the pair will likely reach parity, I do have to wonder, ...

EURUSD

EUR/USD did make a new low today after breaking below the support at 1.1750, but bounced back immediately afterwards. It looks like range continues and we will have to wait a bit more before the bearish trend continues on its way down.

EURUSD

EUR/USD consolidation continued today too. The pair tested the support at 1.1750 but couldn't break below it and bounced back. I wonder how long the consolidation is going to last this time.

EURUSD

After the double bottom it formed last week and the move to the upside EUR/USD dropped again but couldn't even reach the support at 1.1750 before it formed another hammer in the 4 hour filter chart. It looks like the pair is consolidating again ...

EURUSD

EUR/USD couldn't break below the support at 1.1750, formed a hammer candlestick and a double bottom, both visible in the four hour filter chart, and then started climbing. It appears that some correction is in order and the pair will keep climbing ...

EURUSD

EUR/USD broke below 1.1800 and fell even lower, reaching 1.1750, but finally formed a hammer candlestick in the four hour filter chart. Considering how oversold the pair is that hammer is likely a signal for a consolidation. That said, I think the ...

EURUSD

The EUR/USD bearish trend is as strong as ever - the pair broke below 1.1850 and will soon reach 1.1800. The way things are going it might soon reach 1.1700.

EURUSD

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I suspected that EUR/USD might drop to 1.1900, but I did not think it would break below that level so quickly. I think it might actually continue on its way down and reach 1.1800, but then again it is also time for correction.

EURUSD

EUR/USD reached 1.2000, but I think it will drop even lower and reach 1.1950 or even 1.1900 before correction begins.

EURUSD

Happy New Year everyone! The market finally started moving again and the EUR/USD bearish trend continued. The pair will soon reach 1.2000 and will likely continue falling until it reaches target 1.1950, perhaps even 1.1900.

EURUSD