EURUSD

The EUR/USD currency pair has seen a significant drop, falling from a high of 1.1213 to as low as 1.1032. This decline has pushed the price below the key support level of 1.1068, raising concerns about further downward movement in the coming days. As we look ahead, the next critical support level to keep an…

The EUR/USD pair recently broke through the 1.1200 resistance level, peaking at 1.1213 before experiencing a pullback to as low as 1.1121. This movement raises some interesting questions about the current trend and what traders might expect moving forward. As long as the price remains above the rising trend line observed on the 4-hour chart,…

The EUR/USD pair has successfully broken above the 1.1188 resistance after a period of sideways consolidation within the range of 1.1068 to 1.1188. This breakout suggests that the upward movement from 1.1001 has resumed. In the coming days, further rises are anticipated, with the next target set around the 1.1250 area. A move above this…

The EUR/USD pair has failed to break above the resistance at 1.1188 and remains in a trading range between 1.1068 and 1.1188. As long as the support at 1.1068 holds, this sideways movement can be viewed as consolidation for the uptrend that began at 1.1001. There is still the potential for another rise to retest…

At present, EURUSD is encountering resistance at the 1.1188 mark. This level is crucial because if the pair manages to break above it, it would signal a continuation of the upward movement that began at 1.1001. A successful breakout here could lead to further gains, with potential targets reaching the 1.1250 area and beyond. If…

The EUR/USD pair has encountered resistance at 1.1201, failing to break above this level and pulling back from 1.1188 to 1.1068. This decline is likely a correction within the uptrend that started from 1.1001, suggesting that another attempt to rise and test the 1.1201 resistance may occur following this correction. Initial resistance is at 1.1110.…

The EUR/USD pair has bounced from 1.1001, extending to a high of 1.1146 and breaking above the resistance of the falling price channel on the 4-hour chart. This movement indicates that the downside move from 1.1201 has likely completed at 1.1001. Currently, the pair is in an uptrend from 1.1001, and the pullback from 1.1146…

The EURUSD currency pair has recently broken above the 1.1050 resistance level, suggesting that the downward movement from 1.1154 may have concluded at 1.1001. However, it’s important to note that the pair is still constrained within a falling price channel on the 4-hour chart, which indicates a longer-term downtrend that began from 1.1201. Current Market…

The EURUSD has just broken below the critical support level of 1.1026. This breakdown is a significant event that could shape the pair’s trajectory in the coming days. What This Means for Traders The breach of this key support level signals a potential shift in market sentiment. It suggests that bears are currently in control…

As of now, EURUSD is testing a significant support level at 1.1026. This level is acting as a battleground between bulls and bears, and its outcome could set the tone for the pair’s next major move. Potential Downside Scenarios If the bears take control, here’s what traders should be prepared for: Upside Potential While the…

The EURUSD has been on quite a journey lately. We’ve seen a significant upward move from 1.1026, pushing all the way up to an impressive high of 1.1154. However, as often happens in the forex market, what goes up must come down – at least temporarily. Signs of a Completed Upward Move The recent pullback…

The EURUSD currency pair is currently facing a significant resistance level at 1.1100. As long as this resistance holds, the recent bounce from 1.1026 may simply be a consolidation phase in the ongoing downtrend that started from 1.1201. If this consolidation continues, we could see another decline shortly after. The initial support to watch is…