Recent content by honeill

On Tuesday session, the EURUSD dived with a narrow range and closed near the low of the day, however, managed to close within Mondays’ range, which suggests being slightly on the bearish side of neutral. The currency pair is trading above the 10 and the 50-day moving averages and both should...

On Monday session, the EURUSD rallied with a wide range although with just above average volume and closed near the high of the day, in addition, managed to close above Fridays’ high, which suggests a strong bullish momentum. The currency pair closed above the 10-day moving average and is also...

On the last Friday’s session, the EURUSD went back and forward without any clear direction, consequently closed in the middle of the daily range, in addition, managed to close within Thursday range, which suggests being clearly neutral, neither side is showing control. The currency pair traded...

On Thursday session, the EURUSD initially fell but found enough support near the 1.1300 handle to trim all of its losses and closed near the high of the day, however, closed within Wednesday’ range, which suggests being slightly on the bullish side of neutral. The currency pair closed above...

On Wednesday session, the EURUSD dived with a wide range and closed near the low of the day, in addition, managed to close below Mondays’ low, which suggests a strong bearish momentum. The currency pair closed below the 10 and 50-day moving averages that should act now as dynamic resistance...

On Monday session, the EURUSD initially fell but found enough buying pressure at 1.1421 to erase all of its losses and closed near the high of the day, however, managed to close within Fridays’ range, which suggests being slightly on the bullish side of neutral. The currency pair is trading...

On the last Friday’s session, the EURUSD initially rallied with a narrow range but found enough resistance near 1.1460 to trim most of its gains, consequently closed near the low of the day, in addition, managed to close within Thursday range, which suggests being slightly on the bearish side of...

On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition, managed to close above Wednesday’s high, which suggests a strong bullish momentum. The currency pair closed above the 10 and 50-day moving averages that should act now as dynamic...

On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition, managed to close below Mondays’ low, which suggests a strong bearish momentum. The currency pair closed shy below the 10 and 50-day moving averages that should act now as dynamic resistances...

On Monday session, the EURUSD initially rose with a narrow range but found enough selling pressure near 1.1370 to trim some of its gains and closed in the middle of the daily range, in addition, managed to within Fridays’ range, which suggests being clearly neutral, neither side is showing...

I wish you all a Merry Christmas and a Happy New Year!

On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition, managed to close above Wednesday’s high, which suggests a strong bullish momentum. The currency pair is trading above the 10 and 50-day moving averages that should act now as a dynamic...

On yesterday session, the EURUSD initially rose but found enough selling pressure near the 1.1439 to trim most of its gains and closed near the low of the day, however, closed within Tuesdays’ range, which suggests being slightly on the bearish side of neutral. The currency pair is trading...

On yesterday session, the EURUSD initially rose but found enough selling pressure near the 1.1402 to trim some of its gains and closed in the middle of the daily range, however, managed to close above Mondays’ range, which suggests a bullish momentum. The currency pair closed shy above the 10...

On yesterday session, the EURUSD rose with a narrow range and closed near the high of the day, in addition, managed to within Fridays’ range, which suggests being slightly on the bullish side of neutral. The currency pair traded below the 10, 50 and the 200-day moving averages and all should...