EURUSD Daily Analysis – December 6, 2016

by ForexCycle.com | December 6, 2016 2:12 am
EURUSD broke above 1.0689 resistance, indicating that the downtrend from 1.1299 is complete. Further rally could be expected in a couple of days, and next target would be at 1.0900 area. Support is at 1.0600, only break...

EURUSD Daily Analysis – December 5, 2016

by ForexCycle.com | December 5, 2016 3:47 am
EURUSD broke below 1.0518 previous low support, indicating that the downtrend from 1.1299 has resumed. Further decline could be expected, and next target would be at 1.0300 area. Resistance levels are at 1.0689 and 1.0800, only break...

EUR/USD Forecast December 5, 2016, Technical Analysis

by FX Empire | December 5, 2016 2:46 am
The EUR/USD pair fell slightly but then turned back around to form a hammer. The hammer of course is a bullish sign but I think that any rally at this point in time should be a nice...

EURUSD Weekly Analysis – December 4, 2016

by ForexCycle.com | December 4, 2016 10:30 am
Being contained by 1.0462 (Mar 13, 2015 low) support, EURUSD rebounded from 1.0518. However, the rise is likely consolidation of the downtrend from 1.1299, further decline to test 1.0462 support is still possible. Resistance levels are at...

EURUSD Daily Analysis – December 1, 2016

by ForexCycle.com | December 1, 2016 2:41 am
EURUSD is in consolidation of the downtrend from 1.1299. Range trading between 1.0518 and 1.0800 would likely be seen in a couple of days. Resistance is at 1.0800, as long as this level holds, the downtrend could...

EURUSD Daily Analysis – November 29, 2016

by ForexCycle.com | November 29, 2016 3:16 am
EURUSD broke above 1.0657 resistance, indicating that the downtrend from 1.1299 had completed at 1.0518 already. Further rally is possible in a couple of days, and the target would be at 1.0800 area. Resistance is now at...

EURUSD Daily Analysis – November 28, 2016

by ForexCycle.com | November 28, 2016 2:18 am
EURUSD is facing 1.0657 resistance, a break of this level will indicate that the downward movement from 1.1299 had completed at 1.0518 already, then further rally to 1.0800 area could be seen. On the downside, as long...

EUR/USD Forecast November 28, 2016, Technical Analysis

by FX Empire | November 28, 2016 1:12 am
The EUR/USD pair bounced on Friday, as the 1.05 level offered support. This is an area that’s massively supportive on longer-term charts, so I think we must rally from here to roll back over and build up...

EURUSD Weekly Analysis – November 27, 2016

by ForexCycle.com | November 27, 2016 12:54 pm
EURUSD is facing 1.0462 (Mar 13, 2015 low) support, a breakdown below this level will indicate that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed, then next target would be at 0.9000 area....

EURUSD Daily Analysis – November 25, 2016

by ForexCycle.com | November 25, 2016 2:45 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1299. Further decline to test 1.0462 (Mar 13, 2015 low) support would likely be seen in a couple of days. Near term...