The EURUSD did little last week to inspire a decision one way or the other. The pair continues to bounce between 1. Technically speaking, the single currency carved a bearish engulfing pattern on the weekly chart.

After holding above the 1. The EURUSD continued its rally last week after a brief pause below the 1. The pair carved fresh highs for the year despite still trading below the November 9th spike high from EURUSD bulls have been on a tear following the first round of the French elections on April 23rd. However, buyers struggled last week to overcome the 1.

Weekly Forex market analysis (video outlook)

In fact, the five days of price action carved a bearish rejection of […]. After three weeks of consolidation, including the selloff that followed the May 7th run-off election in France, the EURUSD was unstoppable last week.

The single currency gained pips against the greenback, making it the largest weekly gain so far this year. The pair did print a bearish engulfing day on May 18th, but as […]. After a second consecutive gap higher last week, the EURUSD slipped back below a trend line that extends from the February 2nd high.

At the moment that close back below the 1. Not only did the single currency give back the […]. The strength came as a result of the first round of the French elections on April 23rd. With the run-off results just in showing a Macron victory, one would think the single currency is heading even […].

EURUSD buyers managed to hold their ground last week after kicking things off with a pip gap up. The weekend gap was the result of a Macron victory in the first round of the France elections.

I will then provide updates throughout the week once markets […]. The EURUSD closed last week just 24 pips above the open. The pair continues to teeter on trend line support that extends from the current low which has quite literally kept buyers on edge.

A comment from President Trump concerning the strength of the U. The EURUSD spent the first half of last week consolidating above the 1. It turned out to be a sign of things to come as the […]. For the better part of March, the EURUSD looked relatively bullish, particularly the March 27th close above the 1.

The level dates back to and was responsible for the February 2nd bearish pin bar earlier this year. The EURUSD has enjoyed four positive weeks in a row since catching a bid at 1.

The pair continued its slow and steady rally last week with a Tuesday bounce from the 1. However, sellers have yet to achieve a daily close above the 1. This is a level that dates all […]. The EURUSD had another relatively strong week, making it the third straight positive week since the March 3rd low at 1. Buyers also managed a close above the 1.

But despite recent strength, Euro bulls have yet to make any […]. The EURUSD bulls finally did it. After several failed attempts to breach the 1.

At the end of the day, the pair still […]. Justin Bennett is a Forex trader, coach and founder of Daily Price Action. He began trading equities and ETFs in and later transitioned to Forex in His "aha" moment came in when he discovered the simple yet profitable technical patterns he teaches today. Justin has now taught more than 1, students from 53 countries in the Daily Price Action course and community.

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