EUR/USD Forecast September 20, 2017, Technical Analysis

by FX Empire | September 20, 2017 6:48 am
The EUR/USD pair rallied on Tuesday, testing the 1.20 level. This is an area that should continue to offer a bit of resistance, but with the Federal Reserve looking likely to not be able to raise interest...

EURUSD Daily Analysis – September 20, 2017

by ForexCycle.com | September 20, 2017 12:32 am
EURUSD formed a sideways consolidation in a trading range between 1.1823 and 1.2092. Key support is now at 1.1823, as long as this level holds, the price action in the range could be treated as consolidation of...

EUR/USD Forecast September 19, 2017, Technical Analysis

by FX Empire | September 19, 2017 5:29 am
The EUR/USD pair gapped lower at the open on Monday, but then turned around to rally a bit. We are currently consolidating around the 1.1950 level, and that this market should continue to be difficult to trade...

EURUSD Daily Analysis – September 19, 2017

by ForexCycle.com | September 19, 2017 4:12 am
EURUSD moved sideways in a trading range between 1.1823 and 1.2092. As long as 1.1823 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and another rise towards...

EURUSD Daily Analysis – September 18, 2017

by ForexCycle.com | September 18, 2017 3:19 am
EURUSD broke above the descending trend line on its 4-hour chart, indicating that the short term downtrend from 1.2092 had completed at 1.1837 already. Further rally could be expected and next target would be at 1.2092 previous...

EURUSD Weekly Analysis – September 17, 2017

by ForexCycle.com | September 17, 2017 8:51 am
EURUSD remains in uptrend from 1.0569, the fall from 1.2092 is likely consolidation of the uptrend. Next support is at the bottom trend line of the price channel on the daily chart. As long as the channel...

EUR/USD Forecast September 18, 2017, Technical Analysis

by FX Empire | September 16, 2017 12:40 pm
The EUR/USD pair rallied significantly during the session on Friday, as we are looking to break above the 1.20 level again. If we can, this market should continue to go much higher. I still have a longer-term...

EUR/USD Forecast September 15, 2017, Technical Analysis

by FX Empire | September 15, 2017 9:25 am
The EUR/USD pair drifted back and forth during the session on Thursday, as the markets look relatively quiet overall. With the exception of the British pound, there wasn’t much in the way of market moving momentum, and...

EURUSD Daily Analysis – September 15, 2017

by ForexCycle.com | September 15, 2017 3:15 am
EURUSD stays below a bearish trend line on the 4-hour chart and remains in the short term downtrend from 1.2092. As long as the trend line resistance holds, the downside movement could be expected to continue and...

EURUSD Is Facing Channel Support

by ForexCycle.com | September 14, 2017 9:29 am
EURUSD stays in a bullish price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the fall from 1.2092 could be treated as consolidation of...