January 6, 2021

EURUSD has fallen below 1.2327 within the 1.23-1.2350 resistance zone.

EURUSD EURUSD has fallen below 1.2327 within the 1.23-1.2350 resistance zone. It remains to be seen whether this resistance will last a few sessions to pull […]
January 5, 2021

Gold has been rising steadily and tested the initial levels of the 1940-1980 range

EURUSD The EURUSD currency pair retested the resistance zone at 1.2309 after which the bottom was corrected. Bulls managed to stay in control and expectations while […]
January 4, 2021

The EUR/USD reached a new multi-month high of 1.2310 before being corrected.

EURUSD The Euro/US dollar reached a new multi-month high of 1.2310 before being corrected. The Bears were able to move the pair below the 50% Fab […]
December 31, 2020

The EURO currency pair managed to break and resist the key resistance at 1.2270.

EURUSD The EURO currency pair managed to break and resist the key resistance at 1.2270. This is likely to be a short term move lower and […]
December 30, 2020

EURO’s break 1.2272 resistance level suggests up trend resumption.

EURUSD EURO’s break 1.2272 resistance level suggests up trend resumption. Daily bias is back on the upside. Rise from 1.0635 should now target 61.8% projection of […]
December 29, 2020

The USD/JPY price consolidated around the 103.72 level.

EURUSD The EUR/USD support zone at 1.2206 could not hold the negative impulse. The price dropped and headed for a test of the major target at […]
December 28, 2020

GOLD drop from opening session might be maintain 1880$ area.

EUR/USD EURO broke the 1.2220 support, but stand above 1.2150 support. The EUR/USD failed to clear the 50% Fib retracement level of the downward move from […]
December 24, 2020

The EURUSD pair declines from highs, staying onto the 1.2200 level

EURUSD The EURUSD pair declines from highs, clinging onto the 1.2200 level ahead of the European open. The bulls ride the Brexit optimism wave, with a potential […]
December 23, 2020

GBP/USD is bounced from 1.3280 and still looking upside

EURUSD Euro has support at 1.2160 which has been tested exactly as mentioned yesterday. While the support holds, a bounce back in Euro is expected in […]