Tag: EURUSD
• EURUSD under bearish pressure • Likely to fall to support level 1.02 EURUSD under the strong bearish pressure after the pair reversed down from the pivotal resistance level 1.037 (former monthly low from May and June, and the monthly high from August) – standing near the upper weekly Bollinger Band. The downward reversal from […]
• EURUSD broke resistance level 1.0095 • Likely to rise to resistance level 1.0365 EURUSD recently broke the resistance level 1.0095 (which has been reversing the price from the start of September) intersecting with the 61.8% Fibonacci correction of the downward impulse from August. The breakout of the resistance level 1.0095 led to the subsequent […]
• EURUSD under bearish pressure • Likely to fall to support level 0.9700 EURUSD currency pair under the bearish pressure after the price broke the support trendline of the daily up channel from October. The breakout of this up channel coincided with the breakout of the 50% Fibonacci correction of the C-wave of the earlier […]
• EURUSD broke key resistance level 0.9985 • Likely to rise to resistance level 1.0165 EURUSD recently broke the key resistance level 0.9985 (top of the previous short-term wave (a) from the start of October). The breakout of the resistance level 0.9985 was preceded by the breakout of the extended down channel from February – […]
• EURUSD broke below the parity 1.0000 • Likely to fall to support level 0.9800 EURUSD today broke strongly below the parity 1.0000 (which stopped the previous sharp downward impulse wave 1 from the start of June). The breakout of the parity 1.0000 should accelerate the active short-term downward impulse wave 3. Given the overriding […]
• EURUSD reversed from resistance level 1.0370 • Likely to fall to support level 1.0100 EURUSD currency pair recently reversed down from the resistance level 1.0370 (former monthly low from May and June) standing near the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from June. The downward reversal from […]
• EURUSD broke key resistance level 1.0260 • Likely to rise to resistance level 1.0370 EURUSD just broke the pivotal resistance level 1.0260 (which has been repeatedly reversing the pair from the middle of July). The breakout of the resistance level 1.0260 coincided with the breakout of the multi-month resistance trendline from February and the […]
• EURUSD reversed from resistance level 1.0260 • Likely to fall to support level 1.0100 EURUSD currency pair recently reversed down from the resistance level 1.0260 (which has been repeatedly reversing this currency pair from the middle of July). The resistance zone near the resistance level 1.0260 was strengthened by the upper daily Bollinger Band […]
• EURUSD broke multi-year support level 1.034• Likely to fall to support level 1.020 EURUSD recently broke through the key support level 1.037 (which stopped the previous impulse waves (3) and 1, as can be seen below). The breakout of the support level 1.037 led to the breakout of the major multi-year support level 1.034 […]
• EURUSD broke support area• Likely to fall to support level 1.030 EURUSD currency pair recently broke through the support area located between the key support level 1.0500 (which has been repeatedly reversing the pair from April) and the lower trendline of the daily down channel from February. The breakout of this support area accelerated […]
