The EUR/USD remains in a bearish trend as long as price stays below the broken support (green) and resistance line (red). The next major support level is the 61.8% Fib target and the 1.10 psychological round level.
The US Non-Farm Employment Change together with the unemployment rate will have a high impact on the movements in the Forex market. In yesterday's trading the EUR/USD broke the key support trend line (dotted green) with a strong bearish momentum candle (cl
The US Non-Farm Employment Change together with the unemployment rate will have a high impact on the movements in the Forex market. In yesterday's trading the EUR/USD broke the key support trend line (dotted green) with a strong bearish momentum candle (cl
The EUR/USD has retraced back to the long-term support trend line (green). This could be a hook back for another bullish bounce as indicated in the current wave count. A break of the support trend line would indicate a potential bearish breakout and change
The EUR/USD has retraced back to the long-term support trend line (green). This could be a hook back for another bullish bounce as indicated in the current wave count. A break of the support trend line would indicate a potential bearish breakout and change