EURUSD

  • EURUSD Breaks Support After Failing at Trendline Resistance

    The EURUSD currency pair was unable to break through a key falling trendline resistance visible on the 4-hour chart timeframe. After hitting that resistance around the 1.0884 level, the pair has dropped sharply lower, breaking down beneath the 1.0790 support area in the process. This bearish breakdown has now brought the EURUSD towards another important…

  • EURUSD Tests Trend Line Resistance, What’s Next?

    The EURUSD currency pair recently rallied up to test the resistance of a falling trendline visible on the 4-hour chart timeframe. However, the pair has since pulled back from its high around the 1.0884 level. Traders will be watching to see if the EURUSD can muster enough strength for another push higher to retest that…

  • EURUSD: Navigating the Potential Trend Reversal

    EURUSD pair has recently captured the attention of traders and analysts alike as it breaks above the 1.0864 resistance level. This development has propelled the pair towards a crucial battleground – the resistance of the falling trend line on the 4-hour chart. Potential Bullish Reversal A decisive breakthrough of the falling trend line resistance could…

  • EURUSD: Bullish Resurgence Faces Pivotal Resistance Levels

    The EURUSD pair has recently captured the attention of traders and analysts alike with its impressive bounce from the 1.0724 level. This strong recovery has propelled the pair above the 1.0820 resistance level, reigniting hopes of a potential bullish resurgence. Confronting Crucial Resistance The pair now faces a critical resistance level at 1.0864. A decisive…

  • EURUSD: Navigating the Bearish Descent

    The EURUSD pair has recently experienced a significant downward move, capturing the attention of traders and analysts alike. The pair has extended its bearish trajectory from the 1.0981 level to as low as 1.0774, breaching the crucial 1.0795 support level in the process. Downside Momentum Persists As the pair navigates through this bearish phase, traders…

  • EURUSD: Navigating the Bearish Onslaught

    The EURUSD pair has recently experienced a sharp downturn, capturing the attention of traders and analysts alike. The pair has plummeted from the 1.0942 level to as low as 1.0801, breaching the critical 1.0834 support level in the process. Downside Momentum Intensifies The pair’s decisive break below the 1.0834 support level has fueled concerns that…

  • EURUSD: Bullish Resurgence and Potential Upside Targets

    The EURUSD pair has recently captured the attention of traders and analysts alike with its impressive bounce from the 1.0834 level. This strong recovery has propelled the pair to as high as 1.0942, breaching the 1.0915 resistance level in the process, signaling a potential shift in momentum. Bullish Reversal Signals The pair’s ability to break…

  • EURUSD: Navigating Turbulent Waters – A Test of Resilience

    The EURUSD pair has recently encountered a significant challenge, as it has broken below the bottom of the rising price channel on its 4-hour chart. This development has raised concerns among traders and analysts, as it potentially signals a shift in the pair’s trajectory. Crucial Support Level in Focus The pair now finds itself facing…

  • EURUSD: Navigating the Consolidation Phase

    In the ever-evolving forex market, the EURUSD pair has captured the attention of traders and analysts alike as it navigates a crucial juncture in its recent trajectory. The pair currently finds itself at the bottom of a rising price channel on the 4-hour chart, a level that could prove pivotal in determining its near-term direction.…