Friday, February 22, 2019
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EUR/USD 22Jan19 | EconAlerts

Technical Analysis – EUR/USD loses momentum

EUR/USD loses momentum; re-tests the short term rising trend line. EUR/USD has declined considerably after finding strong resistance level on the three-month high of 1.1570 on January 10. The world’s most traded currency pair is now ready to re-test the short-term ascending trend line, which has been holding since November 12, while it dropped below the 20-

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EUR/USD 07Jan19 | EconAlerts

Technical Analysis – EUR/USD bulls may take control

EUR/USD challenges descending trend line; bulls may take control. EUR/USD is challenging the long-term descending trend line, creating positive movement in the narrow range. The price has been developing within a consolidation area over the last three months with the 1.1480 resistance level as the upper boundary and the 1.1265 support barrier as the lower

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