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Daily Market Analysis – March 25, 2016

EUR/USD The price of the most traded Forex pair was moving sideways during the yesterday’s trading day. After the price broke its blue bullish trend from March 10, we observed a downward move equal to 61.8% of the last bullish move from March 17. On the H1 chart of the EUR/USD we see the price […]

Daily Market Analysis – March 24, 2016

EUR/USD The most traded Forex pair keeps holding the bearish move from the last 7 days. We saw a break through the 2-weeks bullish trend, and the supports at 1.1216 and 1.1195. On the H1 chart we see the break through the bullish trend (blue) and the two supports (the two red circles). Then the […]

Daily Market Analysis – March 23, 2016

EUR/USD The most traded Forex pair keeps holding its weekly bearish trend. The EUR/USD price shrank even more, breaking the support at 1.1195. On the EUR/USD H1 chart we see that the pair is moving into a bearish channel (red). We also see that the price move in this channel brought the price through the […]

Daily Market Analysis – March 22, 2015

EUR/USD The most traded Forex pair continued with its decrease yesterday. The EUR/USD kept the downtrend and few hours ago we saw a rapid decrease to the bullish trend line. The H1 chart of the EUR/USD shows us this decrease in the green circle. The red line indicates the recent bearish trend of the Forex […]

Daily Market Analysis – March 21, 2016

EUR/USD The restorative decrease by the EUR/USD is still in force. During the last few hours, the most traded Forex pair reached 4-days low reaching 1.1234 Dollars for one Euro. This is the H1 chart of the EUR/USD showing us the price decrease during the last 4 days. Notice that the current bearish activity is […]

Daily Market Analysis – March 18, 2016

EUR/USD The most traded Forex pair accounted for a decrease yesterday. After the $0.03 (3 cents) boost during the first three days of the week, the EUR/USD did a decline yesterday. After topping in the area of 1.1330, EUR/USD has tested this area as a resistance during the bigger part of yesterday’s trading day. This […]

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