EURUSD Weekly Analysis – April 30, 2017

by ForexCycle.com | April 30, 2017 3:51 am
EURUSD moved above the descending price channel on daily chart, indicating that the downward movement from 1.1616 (May 3, 2016 high) has completed at 1.0340 already. Further rise could be expected over the next several weeks and...

EUR/USD Forecast May 1, 2017, Technical Analysis

by FX Empire | April 29, 2017 2:20 pm
The EUR/USD pair rallied initially on Friday, breaking above the 1.09 handle. We continue the consolidation that we have seen all week, and it now looks as if we are starting to roll over slightly. If we...

EURUSD Daily Analysis – April 28, 2017

by ForexCycle.com | April 28, 2017 3:12 am
EURUSD moved sideways in a trading range between 1.0820 and 1.0950. As long as 1.0820 support holds, the sideways move could be treated as consolidation of the uptrend from 1.0569, and another rise to 1.1000 area could...

EUR/USD Forecast April 27, 2017, Technical Analysis

by FX Empire | April 27, 2017 7:46 am
The EUR/USD pair initially tried to rally during the day on Wednesday but fell below the 1.09 level again. There is a gap below that should offer support, but quite often these markets tried to fill these...

EURUSD Daily Analysis – April 27, 2017

by ForexCycle.com | April 27, 2017 4:21 am
EURUSD remains in uptrend from 1.0569, the fall from 1.0950 could be treated as consolidation of the uptrend. Support is at 1.0820, as long as this level holds, the uptrend could be expected to continue, and next...

EUR/USD Forecast April 26, 2017, Technical Analysis

by FX Empire | April 26, 2017 4:55 am
The EUR/USD pair broke out during the day on Tuesday, as we continue to see bullish pressure. I believe the market is probably going to reach towards the 1.10 level above, which is a large, round, psychologically...

EURUSD Countertrend Setup (Apr 26, 2017)

by Kate Curtis | April 26, 2017 4:37 am
EURUSD is moving inside an ascending channel on its 4-hour chart and is currently approaching the resistance at 1.0950 to 1.1000. If this area keeps gains in check, the pair could head back to support at the...

EURUSD Daily Analysis – April 26, 2017

by ForexCycle.com | April 26, 2017 2:18 am
EURUSD’s upward movement from 1.0569 extended to as high as 1.0950. Key support is at 1.0820, as long as the pair is above this level, the uptrend could be expected to continue, and next target would be...

EUR/USD Forecast April 25, 2017, Technical Analysis

by FX Empire | April 25, 2017 6:19 am
The EUR/USD pair gapped at the open on Monday, as the French elections gave traders confidence in the EUR again. This being the case, we reached all the way to the 1.09 level and then fell. We...

EURUSD Daily Analysis – April 25, 2017

by ForexCycle.com | April 25, 2017 2:57 am
EURUSD remains in uptrend from 1.0569, the fall from 1.0918 is likely consolidation of the uptrend. Another rise could be expected after the consolidation and next target would be at 1.1000 area. Support is at 1.0775, as...