Having closed lower for the week after failing at the 1.3816 level and collapsing through its key supports to wipe out its previous week gains, risk of further declines towards its 2010 low sited at 1...

EUR/USD's consolidation from 1.3443 has likely completed at 1.3817 after failing mentioned 1.3852 resistance. Initial bias is on the downside this week for a test on 1.3435 low first. Break will confi...

Last week, it the USD crosses such as the EUR/USD and GBP/USD were showing signs of reversal after greenback dominance for end of 2009 and most of 2010 so far. However, by week's end, the greenback pr...

As the single currency tumbled again after brief recovery towards the Tenkan-Sen, suggesting the entire correction from 1.3433 has ended at 1.3819 and downside bias remains for further weakness to 1.3...

EUR/USD's fall from 1.3817 extends further to as low as 1.3533 in early US session and at intraday bias remains on the downside for 1.3435 low. As discussed before, consolidations from 1.3443 should h...

EURUSD - With a strong sell off pushing the pair through its Mar 15'10 low at 1.3638 on Thursday, risk is now seen towards its next downside target located at its Mar 09'10 low at 1.3536. However, des...

EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.4793 and 1.4169....

While the EUR/USD crossed its resistance around the 1.3797 level as shown in the yesterday's report the currency pair rebounded heralded by a long packing Doji close to a bearish trend-line. For the t...

EURUSD Fresh weakness emerged after yesterday's break through 1.3656/39 key support, extending losses to 1.3586 thus far. This opens way for test of 1.3543/29, 10/05 Mar low and possible attempt at 1....

EUR/USD's break of 1.3461 minor support suggests that consolidation from 1.3443 has likely completed at 1.3817 already, below mentioned 1.3852 (38.2% retracement of 1.4578 to 1.3443 at 1.3861) as expe...

After the Fed started to explain the rise of parity acceleration could not be protected. Already as many positive trends and technical indicators do not draw an image. Upon this a problem in Greece is...

The EURUSD is currently trading at 1.3626 levels. Immediate resistance comes near 1.3800-1.3850 levels. We feel that if Euro is able to hold above 1.3550-1.3600 levels in the next 1 week we might head...

The ongoing negative pressure has caused the pair's pivotal support to complete forming the bearish technical pattern after breaching its neckline at 1.3635. The fact that, trading is below pivotal su...

Earlier opened and held short positions have had a positive result in attainment of minimal anticipated target. OsMA trend indicator, having marked close parity of both party activity, does not clarif...

EURUSD Comment: Still struggling with recent highs around 1.3800 as the Euro remains everyone's pet hate. Moving averages have crossed to bullish and will hopefully limit the downside. Other currencie...

The euro found some support in the 1.3600 area, but from here the pair is expected to push lower, targeting the 1.3450 area. Greece continues to be a major problem for the Eur, forcing some radical an...

Euro's sell-off continued, extending below $1.36, to as low as 1.3585. Downside remains under pressure as there's no sign of a recovery and the euro may revisit the 1.3450 support zone within the comi...

The single currency dropped below the Ichimoku cloud bottom yesterday and although price has recovered from 1.3586 (yesterday's low), upside should be limited to the Tenkan-Sen (now at 1.3665 and rene...

EUR/USD Today's support: - 1.3583 and 1.3567(main), where correction is possible. Break would give 1.3542, where correction also may be. Then follows 1.3517. Break of the latter would result in 1.3488...

The widened budget deficit in Europe and the risk aversion dragged the Euro lower on Thursday, in line with the the Interbank sentiment projection at -16.4%. The currency couple decreased yesterday fr...

The EURUSD had a significant bearish momentum yesterday, break below the bullish channel indicating potential bullish failure testing 1.3530 area even 1.3450/30 key support level. The bias is bearish ...

EUR/USD closed lower on Thursday as it extends the trading range of the past six weeks. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI remain neutr...

Euro 1.3605 Initial support at 1.3587 (Mar 15 low) followed by 1.3531 (Mar 11 low). Initial resistance is now located at 1.3818 (Feb 9 high) followed by 1.3839 (Feb 4 high)...

Technically speaking, the EUR/USD faces multiple downtrend lines along with intraday, 3/3, and 3/12 highs. As for the downside, the EUR/USD has several uptrend lines serving as technical cushions alon...

Price action on EUR/USD, a daily chart of which is shown, has formed a rising wedge pattern within the context of an overall downtrend extending from the early December high. This rising wedge occurs ...

EUR/USD drops to as low as 1.3647 today and remains soft. As noted before, break of 1.3641 minor support will indicate that consolidations from 1.3443 has completed at 1.3817 already. In such case, in...

Despite early marginal rise to 1.3819, the subsequent sharp retreat from there suggests the rise from 1.3433 has formed a temporary top and mild downside bias is seen for correction to 1.3639 (previou...

With an unsustained strength above the 1.3800 region on Wednesday pushing the pair to a lower close at 1.3736 and a follow through lower seen in early trading today, a test of its Mar 09’10 low at 1.3...

After the EUR/USD traded close to a bearish trend-line from December till March it recovered and is still trading close to a young bullish trend-line. After the currency pair crossed the bearish trend...

After the Fed started to explain the downward trend of the dollar seems to have cut rates. Especially to be traded over 1.3822 per trend can not be said to remain constant. In short, we have the same ...

The euro fell for a second day against the dollar and yen amid concern Greece will fail to secure financial assistance from the European Union, reducing the appeal of assets in the 16-nation region. E...

EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.4793 and 1.4169....

EURUSD Rally off 1.3639/56, 15/16 Mar low, stalled at 1.3816 yesterday, ahead of reversal. Loss of 1.3656/39 supports opens 1.3620/1.3530, to possibly continue broader downtrend. Only regain of 1.3727...

The EURUSD is currently trading at 1.3726 levels. Immediate resistance comes near 1.3800 levels. If it breaks these resistance levels then we could target further upside till 1.4000 levels. Bias is bu...

The estimated test of key resistance range levels has been confirmed with conditions for implementation of the pre-planned short positions. OsMA trend indicator, having marked preserved parity of both...

The pair continues its negative pressure to attempt to retest resistance for the previously broken descending channel that had recently turned into support at 1.3660. Momentum indicators are entering ...

EURUSD Comment: Testing the top of a potential 'rounded bottom' but needs a daily (and then weekly) close above here to really get going. Moving averages have crossed to bullish and will hopefully lim...

Downside is under pressure again as the euro failed to hold gains and penetrate higher, above 1.38. Important intra-day support comes at 1.3650, not far from current trading level. If it holds, next o...

No change in EUR/USD's outlook. Price actions from 1.3443 are treated as consolidation to the larger down trend only. While such consolidation might extend further with another rise, upside is expecte...

Current sharp retreat suggests the rise from 1.3433 has formed a temporary top at 1.3819 yesterday and downside risk is seen for correction to 1.3639 (previous support and the current level of the Ich...

EUR/USD-market strategy indicates buying levels from the $1.3688 To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MA...

Euro/Dollar appreciation continued only a little longer on Wednesday on renewed risk appetite, and in line with the the Interbank sentiment projection at -13.72%. The currency couple climbed to 1.3810...

Euro 1.3720 Initial support at 1.3640 (Mar 15 low) followed by 1.3621 (Mar 11 low). Initial resistance is now located at 1.3839 (Feb 9 high) followed by 1.3903 (Feb 4 high)...

EUR/USD closed lower on Wednesday as it extends the trading range of the past six weeks. The low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI remain ne...

The EURUSD attempted to push higher yesterday, topped at 1.3817 but closed lower at 1.3734 and keep moving lower around 1.3720 at the time I wrote this comment. While technical bullish view remains in...

Last week's Short move from the 1.3795 highs to 1.3642 lows can now be seen as a correction, since recent moves have broken into new weekly highs. It was a Short corrective wave X), which suggests tha...

Technically speaking, the EUR/USD faces multiple downtrend lines along with intraday and 3/12 highs. The EUR/USD has separated from our 1st tier downtrend line again, which runs through previous 2010 ...

The EUR/USD pair has been choppy, and developing a possible rounded bottom, which would be a base for a rally attempt. Currently, the market is showing a bearish divergence with the stochastic. The st...

Despite intra-day brief rise to 1.3819, as the single currency retreat from there, suggesting consolidation would take place and break of the Kijun-Sen (now at 1.3722) would bring correction towards 1...

EUR/USD retreats mildly after edging higher to 1.3817 earlier today but with 1.3641 minor support intact, another rise could still be seen. However, upside is expected to be limited by 1.3852 (38.2% r...