After a strong move up the EURUSD is in a wedge or bull flag (between orange and magenta). If price does break out to the upside, watch out for the bigger resistance (red).
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EUR/USD rises to as high as 1.379 so far and intraday bias remains on the upside for 100% projection of 1.2755 to 1.3451 from 1.3104 at 1.38...
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The EURUSD continued its bearish momentum yesterday bottomed at 1.2569 but closed higher at 1.2625. The bias is bearish in nearest term test...
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Euro opened the week lower and breached 1.11 against dollar after Greek leftist Syriza leader Alexis Tsipras claimed victory on Sunday's...
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Fed members removed the 'considerable time' language in the December FOMC statement, suggesting that, based on its current assessmen...
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Gold has made some big movements over the past year and the triangle that has formed on the daily chart is a staggering $250 wide. In that t...
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EUR/USD is showing little movement on Friday, as the pair trades in the mid-1.24 range. On the release front, German Retail Sales posted a s...
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April's sales tax increase continues weighing on consumer sentiment in Japan, as Cabinet Office survey revealed confidence among househo...
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AUD/USD's break of 0.8539 support last week confirmed down trend resumption. Downside momentum isn't too convincing. But further fal...
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THE EURO closed sharply lower on Friday and the lowrange close sets the stage for a steady to lower opening on Monday. Stochastics and the R...
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