The pair continued inclining from the support level nearing the minor resistance at 1.4200. We expect the positive pressure towards the upside in an attempt to breach the mentioned resistance level, then paving the way for the short term upside wave to continue, which targets levels around 1.4400 with the...
The pre-planned short positions from key resistance range levels have been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked falling of both party activity does not clarify the choice of planning priorities for today. Hence and considering probable rate range movement we can assume probability of...
EURUSD Comment: Testing the top of the 'triangle', weekly trendline resistance and the top of a large Ichimoku 'cloud'. Hopefully other currencies will sit up and listen, helping the Euro and each other higher.
Upside is under renewed pressure as the euro gained 80 points since the Asian session open. Minor resistance at 1.4150/65 doesn't seem to hold as the pair trades comfortably into the 1.4170-1.4180 region at the time of this writing. Support is seen at 1.4100 backed by 1.4030/50 and 1.3970 -...
Euro went to a high of 1.4162 , only break of 1.4176 key resistance level , will move euro to 1.4336 area. It is stuck in an ugly triangle formation which is giving indecisive move since last 4 weeks.. Wait for confirmation signals. Neutral.(Eur/Usd:1.4155)