The Euro recovered after testing bids at 1.3260 on Friday and intraday bias is on the upside. A sustained break of resistance into the 1.3650 region may extend gains towards 1.3750/60. Above 1.3750/60...

The resistance at 1.3740/50 is still on focus after two failed tests and a potential break may extend gains towards the 1.39 mark within the next trading sessions. Intraday studies are bullish at the ...

The Euro gained against the dollar on yesterday, testing resistance into the 1.3740/50 region before falling back below the 1.36 mark. Intraday support is formed at 1.3550 backed by 1.3500/10 and 1.34...

The downside is under high pressure as the Euro fell to its lowest level since August 2007, testing bids at 1.3440 on yesterday. The intraday studies are now bullish and the current rebound may extend...

There is no change to last week's analysis. '5 waves up from the January 2007 low at .6535 suggests that a large corrective decline is underway from .8187. The Fibonacci zone does not begin until .755...

The Euro has reached a fresh low after the 130 points gap at today's open. Current levels are extremely bearish for the Euro and no signs of a rebound are seen yet. The decline will probably continue ...

The Euro recovered some lost ground today after reaching fresh lows at 1.3745 on yesterday. Nearby resistance is on focus at 1.3885/00 followed by 1.3950 and 1.4 . Support starts at 1.3800 backed by 1...

The Euro continues is under renewed pressure since the psychological bottom at 1.4 has been broken and the recent low at 1.3880 is on focus. A sustained break of the said support may open 1.3690. Both...

The Euro continues to press lower testing bids at 1.4010 on yesterday. The downside remains on focus as the daily studies are bearish and a resume of the decline may extend losses towards recent low a...

We maintain that 5 waves up from 1.5326 indicate that the longer term trend has turned up. The decline from 1.6376 has now tested the 61.8% of 1.5326-1.6376. If the larger bullish bias is correct, the...

The Euro is again under pressure, leaving the 1.45 zone behind. Support is seen at 1.4300 backed by 1.4260 and 1.4160. Resistance starts at 1.4430 followed by 1.4500 and 1.4615. Daily momentum is losi...

After having rallied on only two of the last nine weeks, the Euro may be ready for a week long bounce against the Swiss Franc. As one may see from the chart provided below, EURCHF has been oscillating...

The market-wide hesitancy in taking a position on direction has seemingly been broken with the agreement for a US bailout. With the dollar rallying and carry unwinding, our DailyFX Analysts are lookin...

The EURCHF has moved lower throughout the month of September, and should continue its move to the downside in the near-term. After failing to break above 1.6000 last week, the euro-franc has lost 100+...

Intraday studies are bearish and the current decline below the 1.4475 mark may continue towards next support level at 1.4375. Short term momentum is bullish but a potential breach of the support at 1....

After the EUR/USD dropped to 1.3875 in the middle of September, the currency pair recovered in a rising trend channel. Quite recently the EUR left the formation and tested the resistance at 1.48. In t...

The Euro dipped as low as 1.4603 on yesterday, before pushing above the 1.47 mark to 1.4730 overnight. Intraday resistance is seen at 1.4740/50 followed by 1.4800 and 1.4860. Current gains may extend ...

The Euro holds its recent gains above the 1.46 mark and the daily momentum remains bullish. The gains may extend forward towards the highs into the 1.4860 region if yesterday's decline to 1.4620 is on...

The 1.5 zone is back on focus after yesterday's rally of 430 points. The bias for the US dollar this week remains bearish and the Euro recovery is likely to continue. Near term key resistance zone is ...

The Euro crosses have rolled over and appear headed lower for at least the next few weeks. EURGBP: 5 waves up from the January 2007 low at .6535 and daily RSI rolling over from above 70 suggest that a...

Last week was a tumultuous one as a full blown credit crisis led all markets to dramatic moves and possible financial instability. However, with the market now on the tail end of the event, the market...

The Euro is stronger and it recovered some of its recent losses on Friday, after an impressive rally of 340 points. Strong resistance is formed into the 1.4570 region and a potential break should open...

The Euro is softer vs the US dollar today, testing bids near the 1.4200 mark. The dollar may advance forward while the market is focused on financial sector stability and coordinated central bank acti...

The Euro is advancing higher vs the US dollar, testing offers around the 1.4380 mark a bit earlier today. The market remains violent as the extreme volatility is causing moves of 250+ points a day. In...

AUD is reaching the long term upward channel at 0,7700. 2007 lows were formed slightly below these levels. The area of 0,7700 or a slightly lower is capable of holding the decline, and lead euro towar...

EURGBP 5 waves up from the January 2007 low at .6535 and daily RSI rolling over from above 70 suggest that a large corrective decline is underway from .8187. The Fibonacci zone does not begin until .7...

The US dollar remains stronger against the Euro on a short term basis although the Euro recovered on yesterday, closing above the 1.4 mark. Intraday momentum is slightly bullish and the Euro may exten...

Having bounced from the 1.4050 support zone brings pressure on the upside, as the Euro may continue to recover a bit versus the US dollar. However, the downside remains on focus despite the current pu...

The Euro fell on yesterday to a new downtrend low at 1.4050, breaching the support at 1.4200. Resistance emerges now at 1.4160 followed by 1.4200 and 1.4270. Support starts at 1.4050 backed by 1.4000....

AUD moved until 0,8000 area, where the lower part of the upward channel in the chart and 2004 and 2005 tops are found. Important support is found at these levels and is considered as the beginning of ...

The Euro recovered after testing bids at 1.4200 on Friday, but the downside remains on focus while resistance into the 1.4550 region holds. The daily studies are bearish while the hourlies are slightl...

The Euro advanced lower versus the US dollar, breaking long term support at 1.4365 formed by January's low. Trading below 1.4300 and 1.4365 indicates a selloff signal towards fresh downtrend lows into...

The bearish view in eur/chf remains in place as the 3 wave correction from the March low at 1.5450 was likely completed at the July 31st high at 1.6395 (A-B-C, see daily chart below), and targets even...

The JPY is snaping an 8-year slide against the EUR and the AUD as the abrupt global economy slowdown forced investors to unwind long-entrenched positions, pushing these currencies into a downward tren...

The Euro recovered on yesterday after testing bids into the 1.4390 zone. Minor resistance is seen at 1.5430/40 and a sustained break should encourage further gains towards next barrier at 1.4590/00. L...

The Euro continues to drop and support at 1.4470 has been broken during today's Asian session, reaching lows at 1.4410 which is the current near term support. Below 1.4410, support also emerges at 1.4...

The downside is under pressure since the support at 1.4570 failed to hold and the next important barrier at 1.4470/80 may be aimed during the upcoming trading sessions. On the upside, resistance is se...

The Euro continues to trade with a heavy tone versus the US dollar and the lower part of the 1.63 zone is under pressure at the time of this writing. Support is seen at 1.4600/10 and lower at 1.4570 a...

The Euro recovered after testing bids at 1.4570 on yesterday, but the short term bias remains on the downside. Resistance at 1.4765 and higher at 1.4800/10 should limit the upside for now. Support is ...

EURUSD: Support into the 1.4650 region may be tested later as the Euro reversed after testing resistance at 1.4800 on yesterday. Short term bias is on the downside while resistance at 1.4800 holds. Pr...

The sharp decline led AUD very close to important support at 0,8500-30, levels where the last base of 2008 was formed. This support is important and should not be easily breached. Reac-tions, accordin...

The Euro could not break the resistance at 1.4900 on Friday and declined, testing bids at 1.4700 on today's Asian session. Bias remains on the downside while resistance into the 1.4800 region holds, a...

The rally past resistance at 1.4850 on yesterday provides clues of a corrective move which could be underway, with key resistance aimed into the 1.4965/80 region. Interim resistance is seen at 1.4900/...

The Euro recovered after testing support at 1.4700 on yesterday and resistance into the 1.48 region is under pressure at the time of this writing. Intraday studies are bullish and the rise may extend ...

Eur/chf is down from the July 31st high at 1.6395, potentially completing an important top (end of the whole 3 wave correction from the March low at 1.5450 A-B-C, see numbering on daily chart below), ...

The Euro recovered on yesterday, breaking the intraday resistance at 1.4700 then testing offers at 1.4800. Interim support has been set at 1.4750 which is backed by 1.4700 and 1.4630/40. Resistance em...

EURUSD Support into the 1.4650 zone failed to hold and the Euro is currently testing bids into the 1.4630 region. Intraday studies are bearish and a sustained break of 1.4650 may accelerate the declin...

The US dollar continued its rally during the last week, breaking through technical barriers into the 1.49-1.5 region, bringing the 50% retracement of the 1.3263-1.6038 at 1.4651 on focus. The 1.4950-1...

EURUSD: The breach of the support at 1.4820 on yesterday extends the decline into the mid 1.47 region where interim support is being tested at the time of this writing. Next support region is seen at ...

Price action on the EUR/CHF daily chart, as shown, has pulled back to the significant downtrend line above which it broke out late last month. This downtrend line is represented on the chart by the lo...