Tag Archives: Silver

EUR/USD continues to move sidewaysbetween the support at 1.3692 and theresistance at 1.3773. The current mild correctionin prices (less than 38.2% retracement) and

EUR/USD is moving sideways between thesupport at 1.3692 and the resistance at 1.3773. The current mild correction in prices (less than38.2% retracement) favours a short-term bullishbias.

EUR/USD remains supported by its risingchannel (see also the support at 1.3692). Thebreak of the initial resistance at 1.3728 (intradayhigh) validates a tiny base formation, whichfavours a test of the resistance at 1.3773.

Trying to bounce near the support at 1.3692. EUR/USD has recently weakened. However, it remains supported by its rising channel

EUR/USD has broken the key resistance at1.3739, opening the way for a move towards theresistance at 1.3819. Hourly supports can befound at 1.3692 (see also the short-term risingchannel) and

EUR/USD has broken the key resistance at1.3739, opening the way for a move towards theresistance at 1.3819. Hourly supports can befound at 1.3692 (intraday low) and

EUR/USD is close to the key resistance at1.3739. Hourly supports are given by 1.3657(intraday low) and the short-term rising channel(around 1.3635). Another resistance can befound at 1.3819.

EUR/USD is close to the key resistance at1.3739. Hourly supports are given by 1.3657(intraday low) and the short-term rising channel(around 1.3616).

EUR/USD rose sharply yesterday and hassucceeded in making higher highs. Monitor thekey resistance at 1.3739. Hourly supports aregiven by 1.3657 (intraday low) and the short-termrising channel (around 1.3595).

EUR/USD significantly weakened yesterday,suggesting a pickup in selling pressures. A breakof the hourly support at 1.3552 would open theway for a further decline towards the support at1.3477.

EUR/USD weakened yesterday close to theresistance at 1.3685 (50% retracement), makingan intraday bearish reversal. A break of thehourly support at 1.3609 would negate the shorttermpositive structure.