January 19, 2021

GBP/USD has broken the 1.3650 and 1.3600 support levels to initiate the recent decline.

EURUSD EUR/USD is turned neutral with 4 hour MACD crossed above signal line. We’d still expect strong support from 1.2058 cluster support (38.2% retracement of 1.1602 […]
January 18, 2021

EUR/USD has broken the 1.2250 and 1.2200 support levels to enter a short-term bearish zone

EURUSD EUR/USD has broken the 1.2250 and 1.2200 support levels to enter a short-term bearish zone. As a result, there was a sharp decline below the […]
January 15, 2021

The EURUSD is expected to trade in the 1.2130 to 1.2205 range.

EURUSD The EURUSD is expected to trade in the 1.2130 to 1.2205 range. Before it bounced sharply, however, it stayed at 1.2109 and the day ended […]
January 14, 2021

The euro has returned to its worst week against the US dollar as traders worried about rising Italian bond yields.

EURUSD The euro has returned to its worst week against the US dollar as traders worried about rising Italian bond yields. EURUSD Bear now needs sustained […]
January 13, 2021

EURUSD faces further negative pressure after expanding its weakness on Monday.

EURUSD EURUSD faces further negative pressure after expanding its weakness on Monday. Below, support falls to the 1.2100 level with violations opening the door to a […]
January 12, 2021

GBP/USD has broken the 1.3620 support level to start the recent negative correction.

EURUSD There is no change in EUR / USD. Intraday bias is based on the negative side. Correction from 1.2348 is in progress for 1.2058 cluster […]
January 11, 2021

The EURO rallied above the 1.2200 and 1.2250 levels against the US dollar.

EURUSD The EURO rallied above the 1.2200 and 1.2250 levels against the US dollar. EURO traded to a new multi-month high a 1.2349 before it started […]
January 8, 2021

USD / JPY started a strong rally above the resistance levels of 102.80 and 103.20.

EURUSD EUR/USD has reversed from 1.2345 which was in line with our resistance mentioned 1.2350 yesterday. While we are below 1.2350, we can expect a corrective […]
January 7, 2021

The WTI price moved further into a positive zone above 48.00 and 48.50 level.

EURUSD The EUR/USD has traded above 1.23 and could face a pause near 1.2350. This is the first hurdle to see a slight decline or move […]