EURUSD

The EUR/USD currency pair has recently encountered resistance at the top of the rising price channel on the 4-hour chart, pulling back from 1.0894 level. This rejection has led to a pullback, suggesting that a consolidation phase for the broader uptrend from the 1.0600 low is currently underway. In the near term, another decline towards…

The EUR/USD currency pair has witnessed a significant bullish development, breaking above the resistance of the falling trend line on the 4-hour chart. This breakout has been followed by a move above the 1.0811 resistance level, indicating that the previous downside move from the 1.0981 high has likely completed at the 1.0600 low. As long…

The EUR/USD currency pair is once again facing the resistance of the falling trend line on the 4-hour chart. This trend line has proven to be a significant hurdle for the pair, and its ability to break through this resistance will likely determine the near-term direction. As long as the trend line resistance holds firm,…

The EUR/USD currency pair has recently witnessed a significant development, breaking above the 1.0752 resistance level and extending its upside move from the 1.0600 level towards the falling trend line on the 4-hour chart. However, the pair’s attempt to break through this trend line resistance has been met with selling pressure, resulting in a pullback…

The EUR/USD currency pair is currently facing resistance at the 1.0752 level. A decisive break above this level could potentially trigger further upside momentum, potentially paving the way for a move towards the falling trend line on the 4-hour chart. However, it’s important to note that as long as the falling trend line resistance holds…

The EUR/USD currency pair has broken below the bottom of the rising price channel on the 4-hour chart, suggesting that the upside move from the 1.0600 level has likely completed at the 1.0752 high. This development could potentially pave the way for further declines in the coming days. The next target for the EUR/USD bears…

The EUR/USD currency pair continues to trade within a rising price channel on the 4-hour chart, suggesting the short-term uptrend from the 1.0600 level remains intact. As long as the price respects the boundaries of this channel, the upside momentum could persist, with the next target area being 1.0800. However, the pair faces a significant…

The EURUSD currency pair has seen its bullish momentum accelerate, with the recent upside move from the 1.0600 low extending all the way up to 1.0752 so far. This advance has pushed the pair into a newly-formed rising price channel visible on the 4-hour chart timeframe. As long as EURUSD remains contained within this bullish…

The EURUSD currency pair has made a bullish technical break by surging above the 1.0689 resistance level. With the pair reaching as high as 1.0713 so far, this move suggests that a corrective rebound within the broader downtrend from the 1.0981 peak is now underway. With the breakout confirming the corrective upside bias in the…

The EURUSD currency pair has been trading within a relatively tight range over the past several sessions, oscillating between support at 1.0600 and resistance around 1.0689. This sideways price action is likely serving as a consolidation phase within the broader downtrend from the 1.0981 high set earlier this year. While the consolidative, range-bound environment has…

The EURUSD currency pair has made a bullish technical break by surging above the 1.0670 resistance level. This move suggests that the short-term downtrend from the 1.0884 high may have already found a bottom around the 1.0600 low. With the breakout above 1.0670, the current rebound off the 1.0600 low could now be seen as…

The EURUSD currency pair has continued its downward trajectory, falling from 1.0981 to a low of 1.0622 in recent trading sessions. Technical analysis suggests the bearish momentum may not be over yet. Further Declines Likely After a brief period of consolidation, further declines toward the 1.0550 area appear possible for the EURUSD pair. Sellers remain…