EUR/USD The price for the pair is on primary bearish market condition for the secondary ranging within the following key support/resistance levels: 1.1029 resistance level located near Ichimoku cloud and 'reversal' Sinkou Span line on the border between the primary bearish and the primary bullish on the chart, and1.0673 support level located far below Ichimoku cloud in the bearish area of the chart. Chinkou Span line is below the price indicating the ...
EUR/USD Stays Motionless 'We've kind of traded sideways a little bit. It's largely technical, but there's some geopolitical headlines that may be weighing on risk appetite.' - Commonwealth Foreign Exchange (based on Bloomberg) Pair's Outlook There are still no consistency among the technical indicators, as they are pointing in different directions on the weekly an monthly time-frames. Nevertheless, the currency pair is considered to be capable of rising ...