Market Analysis

November 4, 2020

Daily Market Analysis

EUR/USD rebounded strongly to 1.1771, but was kept well below 1.1880 resistance. Breach of 1.1622 suggests that fall from 1.2011 is resuming.
November 2, 2020

Daily Market Analysis

EUR/USD lost downside momentum ahead of 1.1612 support and recovered. Intraday bias is turned neutral for some consolidations.
October 30, 2020

Daily Market Analysis

EUR/USD’s break of 1.1688 support suggests that recovery from 1.1612 has completed at 1.1880. Corrective fall from 1.2011 is likely resuming. Intraday bias is back on […]
October 29, 2020

Daily Market Analysis

EUR/USD is still holding above 1.1688 support for now after yesterday’s decline. Intraday bias remains neutral for the moment. Nevertheless, on the downside, firm break of […]
October 28, 2020

Daily Market Analysis

EURUSD is fast approaching the ascending trendline that has been navigating the market since the bounce on the 1.1611 ground as the Ichimoku cloud on the […]
October 27, 2020

Daily Market Analysis

EUR/USD is staying in consolidation from 1.1880 temporary top and remains neutral. With 1.1688 support intact, further rise remains in favor. On the upside, break of […]
October 26, 2020

Daily Market Analysis

EUR/USD remains neutral at this point and some consolidations could be seen. Further rise remains in favor though. Break of 1.1880 will target a test on […]
October 23, 2020

Daily Market Analysis

From a technical perspective, the corrective slide dragged the pair towards an important confluence resistance breakpoint, now turned support near the 1.1790-85 region. Any subsequent weakness […]
October 22, 2020

Daily Market Analysis

EUR/USD is flashing red on Thursday as the anti-risk dollar is drawing haven bids on reports of meddling in US elections and fading prospects of a US […]
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