EUR/USD Price Forecast January 19, 2018, Technical Analysis

by FX Empire | January 19, 2018 7:19 am
The EUR/USD pair rallied a bit during the trading session on Thursday, but it looks as if it is rolling over, making a “lower highs.” That of course is a scenario in which sellers will continue to...

EURUSD Daily Analysis – January 19, 2018

by ForexCycle.com | January 19, 2018 4:33 am
EURUSD remains in the uptrend from 1.1717, the fall from 1.2323 is likely consolidation of the uptrend. Range trading between 1.2070 and 1.2323 is possible over the next several days. The uptrend could be expected to resume...

EURUSD Daily Analysis – January 18, 2018

by ForexCycle.com | January 18, 2018 3:01 am
EURUSD broke below 1.2195 support, indicating that the short term uptrend from 1.1915 had completed at 1.2323 already. Deeper decline to 1.2100 area would likely be seen in the coming days. Below this level would aim the...

EUR/USD Price Forecast January 17, 2018, Technical Analysis

by FX Empire | January 17, 2018 10:28 am
The EUR/USD pair has drifted a bit lower during the trading session on Tuesday, reaching down towards the 1.22 handle. Ultimately, I think that the market should continue to go higher based upon the 1.21 level breaking,...

EURUSD Daily Analysis – January 17, 2018

by ForexCycle.com | January 17, 2018 4:06 am
EURUSD extended its upside movement from 1.1915 to as high as 1.2323. Near term support is at 1.2195. As long as the price is above this level, the upside movement could be expected to continue and next...

EURUSD Daily Analysis – January 15, 2018

by ForexCycle.com | January 15, 2018 2:42 am
EURUSD bounce strongly to as high as 1.2218, suggesting that the uptrend from 1.1717 has resumed. Further rise could be expected after a minor consolidation and next target would be at 1.2400 area. Near term support is...

EURUSD Weekly Analysis – January 14, 2018

by ForexCycle.com | January 14, 2018 10:03 am
EURUSD broke above 1.2092 resistance, suggesting that the uptrend from 1.0340 (Jan 3 low) has resumed. Near term support is at 1.2070, followed by the bullish trend line on the daily chart. As long as the price...

DAX Elliott Wave Analysis: Correction in Progress

by elliottwave-forecast.com | January 11, 2018 10:38 am
DAX Short Term Elliott Wave view suggests that Intermediate wave (X) ended at 12731.46. Rally from there is unfolding as a 5 waves impulsive Elliott Wave structure where Minutte wave (i) ended at 12943, Minutte wave (ii) ended at 12881.5,...

EURUSD Daily Analysis – January 11, 2018

by ForexCycle.com | January 11, 2018 3:55 am
EURUSD remains in the downtrend from 1.2089, the bounce from 1.1915 is likely correction of the downtrend. Another fall could be expected after the correction and a breakdown below 1.1915 support could take price to the bullish...

EUR/USD Price Forecast January 10, 2018, Technical Analysis

by FX Empire | January 10, 2018 6:39 am
The EUR/USD pair has been very noisy over the last several weeks, but the last couple of days have been a bit of a pullback. Ultimately, the market looks likely to find support just below, as the...