EUR/USD Forecast May 31, 2017, Technical Analysis

by FX Empire | May 31, 2017 4:44 am
The EUR/USD pair initially fell during the day on Monday, dropping all the way down to the 1.11 level early, but then bounced significantly and reached towards the 1.12 level above. That area offered a bit of...

EURUSD Daily Analysis – May 31, 2017

by ForexCycle.com | May 31, 2017 1:35 am
EURUSD stays in a falling price channel on its 4-hour chart and is now in short term downtrend from 1.1267. As long as the pair is in the channel, the downtrend could be expected to continue and...

EUR/USD Forecast May 30, 2017, Technical Analysis

by FX Empire | May 30, 2017 5:15 am
The EUR/USD pair did very little during the day on Monday, as we continue to grind just below the 1.12 level, an area that of course has a certain amount of psychological importance, but currently seems to...

EURUSD Daily Analysis – May 30, 2017

by ForexCycle.com | May 30, 2017 1:07 am
EURUSD broke below 1.1161 key support, indicating that the short term bullish movement from 1.0839 had completed at 1.1267 already. Further decline could be expected and next target would be at around 1.1050. However, as long as...

EURUSD Daily Analysis – May 29, 2017

by ForexCycle.com | May 29, 2017 1:20 am
EURUSD is facing the 1.1161 support, a breakdown below this level will indicate that the bullish movement from 1.0839 had completed at 1.1267 already, this could trigger a correction pullback to 1.1050 area. On the upside, as...

EURUSD Weekly Analysis – May 27, 2017

by ForexCycle.com | May 27, 2017 6:20 am
EURUSD remains in uptrend from 1.0569, the fall from 1.1268 could be treated as consolidation of the uptrend. Near term support is at the rising trend line on daily chart. As long as the trend line support...

EUR/USD Forecast May 29, 2017, Technical Analysis

by FX Empire | May 27, 2017 5:45 am
The EUR/USD pair had a negative session on Friday after initially tried to rally. This is a market that will continue to be very volatile, as we have the Federal Reserve raising interest rates on one side...

EUR/USD Forecast May 26, 2017, Technical Analysis

by FX Empire | May 26, 2017 5:14 am
The EUR/USD pair tried to rally during the day on Thursday, but then pulled back to reach the 1.12 level for support. That’s an area that has a certain amount of psychological importance, and it looks as...

EURUSD Daily Analysis – May 26, 2017

by ForexCycle.com | May 26, 2017 3:56 am
EURUSD moved sideways in a narrow range between 1.1161 and 1.1267. As long as 1.1161 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0839 and another rise towards 1.1350 could be...

EURUSD Daily Analysis – May 25, 2017

by ForexCycle.com | May 25, 2017 1:58 am
EURUSD failed to break below 1.1161 support and moved sideways in a trading range between 1.1161 and 1.1267, indicating that the pair remains in uptrend from 1.0839 and the fall from 1.1267 could be treated as consolidation...