EURUSD Daily Analysis – November 16, 2016

by ForexCycle.com | November 16, 2016 1:37 am
EURUSD remains in downtrend from 1.1299, the rise from 1.0709 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.0840 and...

EUR/USD Forecast November 15, 2016, Technical Analysis

by FX Empire | November 15, 2016 6:10 am
The EUR/USD pair broke down below the 1.08 level, extending the bearish pressure even further. We have had an absolute meltdown when it comes to the value of the Euro, and it seems like it’s going to...

EURUSD Daily Analysis – November 15, 2016

by ForexCycle.com | November 15, 2016 1:26 am
EURUSD’s downward movement from 1.1299 extended to as low as 1.0709. Further decline is still possible after a minor consolidation and next target would be at 1.0600 area. Resistance levels are at 1.0840 and 1.0900, as long...

EURUSD Weekly Analysis – November 13, 2016

by ForexCycle.com | November 13, 2016 7:13 am
EURUSD broke below 1.0851 support, indicating that the downtrend from 1.1616 has resumed. Further decline to test 1.0517 (Dec 3, 2015 low) support could be expected over the next several weeks. Resistance is at 1.1150, only break...

EUR/USD Forecast November 14, 2016, Technical Analysis

by FX Empire | November 13, 2016 5:48 am
The EUR/USD pair fell after initially trying to rally during the day on Friday. We’ve made a fresh, new low, and it now appears all but certain we will try to break through the 1.08 handle. At...

EUR/USD Forecast November 11, 2016, Technical Analysis

by FX Empire | November 11, 2016 6:04 am
The EUR/USD pair initially rallied at the open on Thursday, but then continued the bearishness that we have seen. It looks as if we are pressing against the 1.0850 level below, and we could continue to go...

EURUSD Daily Analysis – November 11, 2016

by ForexCycle.com | November 11, 2016 3:02 am
EURUSD is facing 1.0851 support, range trading between 1.0864 and 1.1000 would likely be seen before breaking below this level. Resistance is at 1.1000, as long as this level holds, the rise from 1.0864 could be treated...

EUR/USD Forecast November 10, 2016, Technical Analysis

by FX Empire | November 10, 2016 5:35 am
The EUR/USD pair initially tried to skyrocket during the day on Wednesday, as we had seen quite a bit of negative reaction initially to the US election of Donald Trump as the 45th president. Ultimately, the market...

EUR/USD Forecast November 9, 2016, Technical Analysis

by FX Empire | November 9, 2016 7:09 am
The EUR/USD pair initially tried to rally during the day on Tuesday but turned around to form a bit of a shooting star. This suggests that we are going to continue to go a little bit lower,...

EURUSD Daily Analysis – November 9, 2016

by ForexCycle.com | November 9, 2016 2:32 am
EURUSD remains in uptrend from 1.0851. Further rise could be expected over the next several days, and next target would be at 1.1300 area.