Tag Archives: Silver

EUR/USD has broken the support at 1.3576,confirming a bearish bias. A further short-termdecline towards the key support at 1.3503 islikely.

EUR/USD rose yesterday but failed to holdmost of its gains at the end of the session. Abearish bias is favoured as long as prices remainbelow the resistance at 1.3664 (03/07/2014 high).

EUR/USD is consolidating after Thursday’sdecline. A bearish bias is favoured as long asprices remain below the resistance at 1.3664(03/07/2014 high).

EUR/USD declined sharply yesterday,completely erasing Wednesday’s gains. A furtherdecline towards the support at 1.3503 is

EUR/USD rose significantly yesterday.However, we continue to favour an eventualdecline towards the support at 1.3503 as long asprices remain below the resistance at 1.3664(03/07/2014 high).

EUR/USD is bouncing. The hourly resistance at1.3621 has been breached. However, wecontinue to favour an eventual decline towards the support at

EUR/USD made a bullish intraday reversalyesterday, suggesting a potential short-termbounce. Hourly resistances stand at 1.3621(intraday high) and 1.3664 (03/07/2014 high).

EUR/USD has broken its short-term risingchannel after having stopped near the 38.2%retracement of its previous decline. A falltowards the support at 1.3503 is likely.

The short-term rising channel has been broken.

Fading within its rising channel. • EUR/USD has broken to the upside out of its horizontal range defined by 1.3503 and

EUR/USD has broken to the upside out of itshorizontal range defined by 1.3503 and 1.3677.The short-term bullish momentum is intact aslong as the hourly support at 1.3651 (previousresistance) holds.