EURUSD Daily Analysis – December 13, 2016

by ForexCycle.com | December 13, 2016 3:03 am
EURUSD failed to break below 1.0505 support and rebounded to 1.0650 area. However another fall to test 1.0505 support is still possible, a breakdown below this level will signal resumption of the downtrend from 1.1299, then next...

EURUSD Daily Analysis – December 12, 2016

by ForexCycle.com | December 12, 2016 2:04 am
EURUSD is in downtrend from 1.0873. Further decline would likely be seen after a minor consolidation and next target would be at 1.0400 area. Resistance is at 1.0680, only break above this level could trigger another rise...

EUR/USD Forecast December 12, 2016, Technical Analysis

by FX Empire | December 12, 2016 12:55 am
The EUR/USD pair fell slightly during the course of the session on Friday, as we continue to reach towards the 1.05 level. That’s an area that should be rather supportive though, but I think sooner or later...

EURUSD Weekly Analysis – December 11, 2016

by ForexCycle.com | December 11, 2016 1:30 pm
EURUSD remains in downtrend from 1.1366, the price action from 1.0518 is likely consolidation of the downtrend. Further decline to test 1.0462 (Mar 13, 2015 low) support is possible, and a breakdown below this level will indicate...

EUR/USD Forecast December 9, 2016, Technical Analysis

by FX Empire | December 9, 2016 6:25 am
The EUR/USD pair initially tried to rally during the day on Thursday but found itself turning around due to the fact that the ECB is going to expand and links in its quantitative easing overall, and that...

EURUSD Daily Analysis – December 9, 2016

by ForexCycle.com | December 9, 2016 2:41 am
EURUSD’s upward movement from 1.0505 had completed at 1.0873 already. The pair is now in downtrend, deeper decline to test 1.0462 (Mar 13, 2015 low) support is possible. Near term resistance is at 1.0700, only break above...

EUR/USD Forecast December 8, 2016, Technical Analysis

by FX Empire | December 8, 2016 7:39 am
The EUR/USD pair rallied slightly during the day on Wednesday, as we continue to press against the 1.08 level above. I believe that as soon as we get the 1.0850 level above, we should see a nice...

EUR/USD Forecast December 7, 2016, Technical Analysis

by FX Empire | December 7, 2016 6:55 am
The EUR/USD pair initially rallied on Tuesday, but turned around at the 1.08 level. This is an area that has seen some resistance in the past, and should now continue to fall from here. The market reacted...

EURUSD Daily Analysis – December 7, 2016

by ForexCycle.com | December 7, 2016 2:32 am
EURUSD remains in uptrend from 1.0505, the fall from 1.0796 is likely consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.0900 area. Support is at 1.0600, only break...

EURUSD Short-Term Pullback (Dec 06, 2016)

by Kate Curtis | December 6, 2016 5:52 am
EURUSD made such a strong rally in recent trading and might be due for a quick pullback ahead of top-tier events. Applying the Fib tool on the latest swing high and low on the 1-hour chart shows...