Category: forex
The strong selloff on eur/usd ended at 118% extension line. It looked like this might get even further, but in the end move stopped at 118%. Is it time …
It is an interesting week for Eur/Usd pair so far. Every day euro was going higher and higher, but this moves were very rapid. Everyone was watching for next …
In today’s post I wanted to write more about situation at Eurusd. In last post Euro is falling I wrote that you can follow latest action on 30 min. …
Right now Eurusd is still moving down. When we check daily chart, we can see that 50% retracement line is a strong resistance. I would watch the red line …
Eurusd broke above resistance at 1.33. Before that it looked like this pair failed to break above 38.2% Fibonacci retracement line, but as you can see bulls are in …
Last days we saw strong move down on Eurusd. For a moment price went down below 50 moving average and 1.3 level, but for now it looks like it …
Eurusd failed to hold above 38.2% retracement line, which still is very strong resistance for the price. You can see it on daily chart. Fibonacci retracement lines are drawn …