EURUSD Daily Analysis – August 7, 2017

by ForexCycle.com | August 7, 2017 2:58 am
EURUSD rebounded from 1.1728 after touching the bottom support trend line of the price channel on its 4-hour chart, indicating that the pair remains in the bullish movement from 1.1312. Key support is now at 1.1728, as...

EURUSD Weekly Analysis – August 6, 2017

by ForexCycle.com | August 6, 2017 1:22 pm
EURUSD pulled back from 1.1909 after touching the top resistance trend line of the price channel on its daily chart, suggesting that consolidation for the bullish movement from 1.0569 is underway. Range trading between 1.1600 and 1.1909...

EUR/USD Forecast August 7, 2017, Technical Analysis

by FX Empire | August 6, 2017 2:19 am
The EUR/USD pair went sideways initially during the day on Friday, but then broke down after the jobs number came out much stronger than anticipated. Because of this, the market fell towards the 1.1750 level underneath, which...

EUR/USD Forecast August 4, 2017, Technical Analysis

by FX Empire | August 4, 2017 6:48 am
The EUR/USD pair rallied during the day on Thursday, as we continue to see strength in this market. However, we are getting a bit overextended and I think that the market may be susceptible the downward pressure....

EURUSD Daily Analysis – August 4, 2017

by ForexCycle.com | August 4, 2017 2:15 am
EURUSD remains in the uptrend from 1.1312, the pullback from 1.1908 could be treated as consolidation of the uptrend. Near term support is at the bottom trend line of the price channel on its 4-hour chart. As...

EURCAD Selling Opportunity

by elliottwave-forecast.com | August 3, 2017 10:42 am
EURCAD Technical Analysis 8.1.2017 On June 13/2017 I published an article EURCAD : Sell the Bounce Bearish Pattern where I called for the pair to make another move lower after a bounce/retracement higher. EURCAD since then bounced and continued...

EURUSD Broke Above Neckline Resistance

by ForexCycle.com | August 3, 2017 6:39 am
EURUSD broke above a major trend line from the August 2015 high of 1.1713 to the May 2016 high of 1.1616 at 1.1445 on the weekly chart, and extended its bullish movement to as high as 1.1908,...

EUR/USD Forecast August 3, 2017, Technical Analysis

by FX Empire | August 3, 2017 5:24 am
The EUR/USD pair rallied during the day on Wednesday, reaching towards the 1.1850 level. However, we pulled back and found enough support underneath to continue higher. The market has been very strong, and I think it will...

EURUSD Daily Analysis – August 3, 2017

by ForexCycle.com | August 3, 2017 2:14 am
EURUSD’s bullish movement from 1.1312 extended to as high as 1.1908. As long as the pair is in the rising price channel on its 4-hour chart, the bullish move could be expected to continue and next target...

EUR/USD Forecast August 2, 2017, Technical Analysis

by FX Empire | August 2, 2017 5:30 am
The EUR/USD pair slowly drifted a bit lower during the day on Tuesday, but we are above the uptrend line on the hourly chart that has been supportive for several sessions. The 1.18 level underneath should be...