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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 […]

Daily Market Analysis – March 17, 2016

EUR/USD The most traded Forex pair continued with two new rallies, breaking the psychological level at 1.1300 Dollars for one Euro. During the last 24 hours, the EUR/USD pair increased with 285 pips! This is the H1 chart of the EUR/USD showing the last price rallies of the pair. Notice that after reaching the resistance […]

Daily Market Analysis – March 16, 2016

EUR/USD The most traded Forex pair keeps consolidating in its triangle. After the European Central Bank announced 0.00% rates, the EUR/USD exploded upwards. Then the pair entered a longer consolidation, which is in force even today. The H1 chart of the EUR/USD shows us our triangle, which actually resembles a flag after the jump on […]

Daily Market Analysis – March 15, 2016

EUR/USD The most traded Forex pair continues its slight bearish decrease. The price did a little breakout through the lower level of the triangle we introduced yesterday. On the above H1 chart we see the blue triangle and the slight breakout through its lower level (red circle). Notice that at the same time, the EUR/USD […]

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