Recent content by Fxwes

EUR/USD retreated from the lows around 1.1730 area, but the ongoing bearish bias remains valid.

With US Senate intending to extend the debt ceiling and avoid a government shutdown and US dollar might add some fuel, otherwise the pair is poised to extend its decline towards the support at 1.1715, having the expectations of NFP tomorrow.

EUR/USD reached two weeks low today and will continue to keep its bearish stance in the short term, confirmed by the indicators on the four hout time frame.

EUR/USD touched 1.18 level today, but bounced to currently trade at 1.1824. Anyway the short-term sentiment remains bearish, according to indicators on the four hour time frame.

EUR/USD started the new week with weak tunes. The pair found support at the 50% Fibo of latest bearish September to November slope (1.1824) and bounced to currently trade at 1.1850.

After having turbulent week, EUR/USD closed at 1.1891, slightly below the key level 1.19. Immediate support is seen ay 1.1880 with a break below it the pair will extend its donward correction towards 1.1830-1.1840 area. Looking to the upside, 1.1960 remains first bulls target.

It was a very shaky day for EUR/USD but the pair is back at higher levels with current market price 1.1930. I think the pair will test the resistance at 1.1961.

EUR/USD stepped lower, but found support at the 50% Fibo of latest Spetember to early November bearish slope at 1.1820. Currently the pair is flirting with 1.1860 level and seems that bulls do not surrender.

EUR/USD is short term bearish, beyond 1.1860 the corrective mode might extend towards 1.1830-1.1820.

EUR/USD maked today a fresh two-months high at 1.1960, but retreated to currently trade at 1.1900. Despite the pullback retains its bullish stance in the short term. Bearish danger could be seen only if the pair meets the immediate support at 1.1890.

The force awakens. Euro bulls attack 1.1920/1.1930.

Bullish potential keeps growing for the EUR/USD pair. Should the pair cross the 1.1860 level (mid November’s high), then the interest will lead to 1.1890.

EUR/USD moved higher today to currently trade at 1.1820 supported by FOMC minutes, confirming the rate hike in December. The short term outlook is bullish, according to indicator on the four hour time frame and next bulls target is seen at 1.1830.

EUR/USD keeps ranging today but mostly around its lows. Euro bulls are still undermined by German political concerns although there no fresh news.

EUR/USD is down with 0.45% for the day with current market price 1.1715, following the increased US dollar’s demand and the headlines from Germany. The pair is en route to the 1.7000 handle.