EUR/USD Forecast November 8, 2016, Technical Analysis

by FX Empire | November 8, 2016 7:43 am
The EUR/USD pair fell significantly during the day on Monday as we got word that the FBI was not going to indict Hillary Clinton due to emails. With this, looks as if we are going to continue...

EURUSD Daily Analysis – November 7, 2016

by ForexCycle.com | November 7, 2016 1:47 am
EURUSD broke below the upward price channel on 4-hour chart, indicating that consolidation of the uptrend is underway. Range trading between 1.1000 and 1.1141 would likely be seen over the next several days. As long as 1.1000...

EURUSD Weekly Analysis – November 6, 2016

by ForexCycle.com | November 6, 2016 10:38 am
EURUSD broke above 1.1060 resistance, indicating that the downward movement from 1.1366 had completed at 1.0851 already. Further rally could be expected, and next target would be at 1.1500 area. Support is at 1.0851, only break below...

EUR/USD Forecast November 7, 2016, Technical Analysis

by FX Empire | November 6, 2016 1:15 am
The EUR/USD pair fell at the beginning of the session on Friday but turned around to form a slightly positive candle. The 1.1150 level above it should be resistance though, so at this point I’m not prepared...

EUR/USD Forecast November 4, 2016, Technical Analysis

by FX Empire | November 4, 2016 5:48 am
The EUR/USD pair had a very volatile session during the day on Thursday, as we slammed into the 100-day exponential moving average. At this point, I recognize that there is a significant amount of resistance all the...

EURUSD Daily Analysis – November 4, 2016

by ForexCycle.com | November 4, 2016 2:31 am
EURUSD remains in uptrend from 1.0851, the fall from 1.1126 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...

EUR/USD Forecast November 3, 2016, Technical Analysis

by FX Empire | November 3, 2016 6:21 am
The EUR/USD pair continued to grind higher during the day on Wednesday, as fears over a switch in the expected outcome of the presidential election in the United States of course has have the US dollar falling....

EURUSD Daily Analysis – November 3, 2016

by ForexCycle.com | November 3, 2016 3:02 am
EURUSD remains in uptrend from 1.0851. Further rise is still possible after a minor consolidation and next target would be at 1.1200 area. Support is at 1.1030, only break below this level could signal completion of the...

EURUSD Daily Analysis – November 2, 2016

by ForexCycle.com | November 2, 2016 3:39 am
EURUSD’s upward movement from 1.0851 extended to as high as 1.1069. Support is now at 1.1000, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1200 area.

EUR/USD Forecast November 1, 2016, Technical Analysis

by FX Empire | November 1, 2016 7:17 am
The EUR/USD pair fell during the day on Monday, but did get a little bit of a left towards the US afternoon as the 1.09 level offers quite a bit of support. Ultimately, I believe that this...