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  1. EUR/USD: bearish ranging within key levels

    by , 11-16-2015 at 10:27 AM
    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, and
    • 1.0673 support level located far below Ichimoku cloud in the bearish area of the chart.

    Chinkou Span line is below the price indicating the ...
  2. EUR/USD Stays Motionless

    by , 06-25-2014 at 11:22 AM
    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 ...