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EURUSD - EURUSD Strongly Bearish Below 1.1420
The euro has tumbled to a fresh monthly low against the US dollar on Monday, as fears over emerging market contagion cause traders to sell the single currency. The EURUSD pair is likely to remain unde...
EURUSD Long-Term Downtrend Confirmation
EURUSD could be in for a prolonged drop from here as it just broke below the neckline of a head and shoulders pattern on its daily chart. This spans 1.1600 to 1.2600 or a thousand pips, which might be ...
Murrey Math Lines: EURUSD, GBPUSD
In the H4 chart, EURUSD is trading below the 3/8 level. In this case, the price is expected to continue falling towards the support at the 0/8 one. The lines in the H4 and H1 charts are completely the ...
EURUSD Outlook: Euro Capped by Turkish Lira Concerns
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EURUSD: lira’s collapse putting pressure on the euro
On Friday the 10 th of August, trading on the US dollar index closed up by a decent amount. The dollar’s rally against the lira had a ripple effect on other currencies. The lira’s rapid drop on Friday ...