Technical Analysis

Daily Market Technicals

Layers of resistance remain in the $1.2456-1.2532 region with the bounce from fresh 2014 and

EUR/USD has resumed its underlying downtrend by breaking to

EURUSD: The process of hammering out a low point for wave 5 has taken longer than expected.

Recent failures at the falling daily trend line have resulted in fresh 2014 and 2 year lows with

EUR/USD is testing the low of its horizontal range defined by the support at 1.2358 and

EUR/USD U-turned bearishly, crushed a bullish opportunity and targets 1.2358 & 1.2290 instead…

Recent failures at the falling daily trend line have resulted in pressure returning to 2014 lows.

EUR/USD continues to move within the horizontal range defined by the support at

EURUSD: Potentially bullish while over 1.2456. This is vague,

The falling daily trend line ($1.2490) off the Oct monthly highs continues to

EUR/USD: Momentum pro-decline, but weakening.

EUR/USD continues to move within the horizontal range between the support at