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The EUR/USD currency pair continued to move "as if at a funeral." Over the past seven trading days, the European currency has fallen from 1.1911 to 1.1820. In other words...

During Wednesday, the EUR/USD pair recorded a second consecutive close below the 50.0% corrective level at 1.1830 and continued its decline toward the 61.8% Fibonacci level at 1.1770. A rebound...

There are very few macroeconomic reports scheduled for Thursday. Essentially, the only noteworthy report concerns US unemployment claims. It is important to remember that, in February, traders had already received...

The price test at 1.1830 coincided with the MACD indicator just starting to move down from the zero mark, confirming a good entry point to sell the euro...

The EUR/USD currency pair traded lower again on Wednesday. Throughout the European trading session, the quotes essentially remained in place between the 1.1830 level and the Kijun-sen line (1.1848)...