EUR/USD Forecast October 25, 2016, Technical Analysis

by FX Empire | October 25, 2016 6:29 am
The EUR/USD pair initially fell during the course of the day on Monday, but found enough support at the lows again to bounce. Ultimately, looks like we could bounce a little further but I’m waiting to see...

EURUSD Daily Analysis – October 25, 2016

by ForexCycle.com | October 25, 2016 2:59 am
EURUSD remains in downtrend from 1.1279, the rise from 1.0859 is likely consolidation of the downtrend. Near term resistance is at 1.0935, as long as this level holds, the downtrend could be expected to resume, and further...

EURUSD Daily Analysis – October 24, 2016

by ForexCycle.com | October 24, 2016 3:02 am
EURUSD’s downward movement from 1.1279 extended to as low as 1.0859. Further decline could be expected after a minor consolidation, and next target would be at 1.0700 area. Near term resistance is at 1.0935, as long as...

EURUSD Weekly Analysis – October 23, 2016

by ForexCycle.com | October 23, 2016 2:25 pm
EURUSD broke below 1.0911 support and reached as low as 1.0859. Further decline could be expected in a couple of weeks, and next target would be at 1.0600 area. Resistance is at 1.1080, only break above this...

EUR/USD Forecast October 24, 2016, Technical Analysis

by FX Empire | October 22, 2016 6:09 am
The EUR/USD pair fell rather significantly during the course of the day on Friday, as we continue to continue to drop down towards the 1.08 level. We have now broken down significantly during the course of the...

EUR/USD Forecast October 21, 2016, Technical Analysis

by FX Empire | October 21, 2016 6:49 am
The EUR/USD pair initially tried to rally during the day on Thursday, but found enough resistance above the 1.10 level to turn things back around and fall rather significantly. Although this is an area that I have...

EURUSD Daily Analysis – October 21, 2016

by ForexCycle.com | October 21, 2016 2:44 am
EURUSD stays in the downward price channel on 4-hour chart and remains in downtrend from 1.1279. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 1.0700...

EUR/USD Forecast October 20, 2016, Technical Analysis

by FX Empire | October 20, 2016 7:12 am
The EUR/USD pair initially tried to rally during the course of the session on Wednesday, testing the 1.10 level, which of course has been resistive over the last several sessions. The shooting star is a very negative...

EURUSD Daily Analysis – October 20, 2016

by ForexCycle.com | October 20, 2016 2:31 am
EURUSD’s downward movement from 1.1279 extended to as low as 1.0954. Further decline is still possible after a minor consolidation and next target would be at 1.0900 area. Resistance levels are at 1.1025 and 1.1058, only break...

EUR/USD Forecast October 19, 2016, Technical Analysis

by FX Empire | October 19, 2016 6:54 am
The EUR/USD pair had a negative day again on Tuesday, as we continue to bounce around the 1.10 level below. At this point in time, it appears that we are going to go lower, and therefore I’m...