Market Analysis
November 4, 2020
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
EUR/USD lost downside momentum ahead of 1.1612 support and recovered. Intraday bias is turned neutral for some consolidations.
October 30, 2020
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
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
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
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
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
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
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 […]