EUR/USD The pair has been range-trading for the past few days, and is now traded around the 1.3620 level. Currently, the Bollinger Bands on the 4-hour chart are tightening, suggesting that a sharp mov...

EUR/USD-market strategy can be a buy from the level 1.3590$ To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD li...

The upward move above 1,3750-70 area was reversed, canceling all upward expectations and the pullback below 1,3700 indicated what is about to follow. The upward consolidation from 1,3440 was reversed ...

EUR/USD is in а downtrend, after finalizing the rebound from 1.3882 (Sept. 11 2008) at 1.3882. Technical indicators are falling, and trading is situated below the 50- and 200-Day SMA, currently ...

The presumed key supports test for buying positions realization was not confirmed but the low activity preservation of both parties considering the chosen strategy gives reasons for the preservation o...

The euro settled with 23.6% correction as the intraday upside move did not last as we said and now we are heading for a new downtrend expected to take us to a new low for the pair below the previous 1...

EURUSD Comment: Still hovering nervously above a new recent low at 1.3444 in what is a potential C leg of an A, B, C-type correction where C is 0.6% of A, yet attempts at rallying have been pathetic s...

EUR/USD closed slightly lower on Thursday due to profit taking as it consolidates some of this week's decline. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics a...

EUR/USD Today's support: - 1.3533(main), where correction is possible. Break would give 1.3517, where correction also may be. Then follows 1.3500. Break of the latter would result in 1.3483. If a stro...

The GBPUSD continued it’s bearish momentum yesterday. After attempted to push higher, topped at 1.7395 the pair whipsawed to the downside, hit the low at 1.7061 and closed at 1.7094. From a longer ter...

Euro 1.3565 Initial support at 1.3545 (Oct 8 low) followed by 1.3344 (Oct 6 low). Initial resistance is now located at 1.3786 (Oct 9 high) at followed by 1.3907 (Oct 3 high)....

Euro and gold traded higher yesterday after central banks cut interests rates. In response the euro still did not reach the 1.3882 resistance, discussed yesterday. The price structure is still looking...

The EURUSD is holding above a short term support line. Staying above there keeps the recovery scenario firmly on track. "The decline from 1.4871 is an impulse (5 waves). Expectations were that the ens...

Euro's reaction continues, and a upward base seems to be formed. We will wait to see if it will be used for the move resumption or it would be a beginning of an upward move until 1,4000 or 1,4150-70, ...

The US Dollar continued descending significantly yesterday against the Japanese Yen from Wednesday's top 101.68 to the bottom 98.63, which are the first resistance and support levels respectively for ...

EUR/USD is in а downtrend, after finalizing the rebound from 1.3882 (Sept. 11 2008) at 1.3882. Technical indicators are falling, and trading is situated below the 50- and 200-Day SMA, currently ...

The pre-planned breakout variant for sells was realized with attainment of minimal assumed target. OsMA trend indicator, having marked low activity level of both parties does not provide definiteness ...

EUR/USD closed higher on Wednesday due to short covering as it consolidated some of Monday's decline. . The mid-range close sets the stage for a steady opening on Thursday. Stochastics and the RSI are...

The euro entered and upside wave on intraday short term basis as this trend usually does not prevail long yet we expect further incline today reaching 1.3755 at least as far as 1.3590 is intact. The t...

EURUSD Comment: Mercifully calm amid mayhem in every financial sector. Still hovering nervously above a new recent low at 1.3444 in what is a potential C leg of an A, B, C-type correction where C is 0...

The major currencies had a divergent behavior on Wednesday in the wake of unprecedented concerted rate cuts made by six major central banks led by the Fed. Sterling/yen fell sharply, while the euro wa...

EUR/USD Today's support: - 1.3533(main), where correction is possible. Break would give 1.3517, where correction also may be. Then follows 1.3500. Break of the latter would result in 1.3483. If a stro...

The bullish correction of the EURUSD seemed to lose it's strength yesterday. The pair attempted to push higher, topped at 1.3756 but closed lower at 1.3631. The pair is now traded around the support l...

Euro 1.3615 Initial support at 1.3361 (Aug 16 2006 low) followed by 1.3319 (61.8% retrace 1.1639 to 1.6038). Initial resistance is now located at 1.3773 (Oct 6 high) at followed by 1.3907 (Oct 3 high...

The USDJPY broke below 100 as expected and bears are gunning for the March low at 95.71. A break of that level is eventually expected as well. Near term, price ideally remains below 103.30. Short term...

USDCHF broke above 1.1419, 11 Sep high, to reach a fresh yearly high at 1.1488 yesterday. The setback from there is through 1.1370/34 initial target area, now opens open the 1.1318/1.1281 area, where ...

The world's largest central banks dealt the carry trade a major blow this morning by announcing a joint rate cut. As the proxy funding currency for this popular trading strategy, the increased volatil...

The US Dollar continued descending significantly yesterday against the Japanese Yen from Tuesday's top 103.28 to today's bottom 98.63, which are the first resistance and support levels respectively fo...

Euro reacted after its sharp decline in the beginning of the week, which is still within the ranges of the downtrend that is formed. First important long-term support, according to price movements and...

EUR/USD is in а downtrend, after finalizing the rebound from 1.3882 (Sept. 11 2008) at 1.3882. Technical indicators are falling, and trading is situated below the 50- and 200-Day SMA, currently ...

EUR/USD- market strategy can be a sell below 1.3400$ To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines hav...

Cable recovered almost 300 pips yesterday after making a low of 1.7316 and made a high of 1.7657. The pair is currently trading at 1.7540 and is expected to witness resistance at the 100 hourly EMA (1...

The earlier opened positions for sell resulted in attainment of minimal assumed targets. OsMA trend indicator, having marked relatively low activity level of both parties do not give definiteness in t...

EUR/USD The 1-hour chart shows that the bearish momentum has momentarily halted. However, a bearish cross on both the hourlies and the 4-hour chart indicates that the pair might resume its bearish tre...

Since the end of July the GBP/JPY has traded in bearish Fibonacci lines. After cutting the upper trend line the pair touched the 197.55 resistance level and recovered to its downward phase. If the mar...

The pair continued to trade around 1.382% correction from the upside wave that started on 11 September and ended on the 22 of the month which resides at 1.3560 which is now the trading pivot point. St...

EUR/USD closed higher on Tuesday due to short covering as it consolidated some of Monday's decline. The high- range close sets the stage for a steady to higher opening on Wednesday. Stochastics and th...

EURUSD Comment: Hovering nervously above a new recent low at 1.3444 in what is a potential C leg of an A, B, C-type correction where C is 0.6% of A. With EU27 finance ministers delivering absolutely n...

EUR/USD Today's support: - 1.3533(main), where correction is possible. Break would give 1.3517, where correction also may be. Then follows 1.3500. Break of the latter would result in 1.3483. If a str...

The path that I outlined last night is proving correct so far; 'the decline from 1.4871 is an impulse (5 waves) and indicates that a short term low likely forms soon. The ensuing advance should prove ...

The EURUSD was corrected higher yesterday. The pair topped at 1.3743 but closed lower at 1.3617. My model is mix with neutral bias in the nearest term but still with downside bias in longer term. Imme...

The dollar failed to make much of a bearish reversal after surging a day earlier against the European and the commodity currencies, and closed little changed overall. All eyes remain on the battering ...

Euro 1.3575 Initial support at 1.3361 (Aug 16 2006 low) followed by 1.3319 (61.8% retrace 1.1639 to 1.6038). Initial resistance is now located at 1.3773 (Oct 6 high) at followed by 1.3907 (Oct 3 high...

The Euro has seemingly set a short-term bottom through recent trade, with a further rally likely before a resumption of its medium term decline. The EURUSD next eyes significant resistance at previous...

The market has indeed spiked lower since then, yesterday’s tumbling all the way to 100.30 before stabilizing. However, the downside pattern is not yet "complete", currently within wave 3 in the fall f...

Euro formed new lows, moving to 1.3445 area. Eurozone leaders of the four biggest economies could not come to a mutual agreement regarding the financial problems and that pressured euro more. ...

The US Dollar continued descending significantly yesterday against the Japanese Yen from Monday's top 105.30 to the bottom 100.27, which are the first resistance and support levels respectively for th...

EUR/USD The pair crossed the key psychological level of 1.3450 yesterday, for the first time since August 2007, further demonstrating how strong the current downtrend is. On the daily chart, the pair ...

EUR/USD-market strategy can be a sell from the level 1.3580$ To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD l...

EUR/USD is in а downtrend, after finalizing the rebound from 1.3882 (Sept. 11 2008) at 1.3882. Technical indicators are falling, and trading is situated below the 50- and 200-Day SMA, currently ...