EURUSD Daily Analysis – October 19, 2016

by ForexCycle.com | October 19, 2016 2:12 am
EURUSD moved sideways in a rang between 1.0963 and 1.1058. As long as 1.1058 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.1279, and further decline to 1.0900 area could be...

EUR/USD Forecast October 18, 2016, Technical Analysis

by FX Empire | October 18, 2016 5:32 am
The EUR/USD pair broke higher during the day on Monday, slicing above the 1.10 level. It looks as if the market is trying to bounce out of the negativity that it has seen over the last couple...

EURUSD Daily Analysis – October 17, 2016

by ForexCycle.com | October 17, 2016 2:38 am
EURUSD’s downward movement from 1.1279 extended to as low as 1.0966. Resistance is now at 1.1058, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0900 area....

EURUSD Weekly Analysis – October 16, 2016

by ForexCycle.com | October 16, 2016 12:55 pm
EURUSD’s downward movement from 1.1366 extended to as low as 1.0970. Further decline could be expected in a couple of weeks, and next target would be at 1.0700 area. Resistance is at 1.1150, only break above this...

EUR/USD Forecast October 17, 2016, Technical Analysis

by FX Empire | October 15, 2016 2:40 pm
The EUR/USD pair fell during the session on Friday, slicing through the 1.10 level at one point. It looks as if the market is trying to grind its way lower, and at this point in time any...

EUR/USD Forecast October 14, 2016, Technical Analysis

by FX Empire | October 14, 2016 6:14 am
The EUR/USD pair initially fell during the course of the session on Thursday, breaking below the 1.10 level. However, we turned right back around to form a bit of a hammer and therefore I feel that we...

EURUSD Correction Setup (Oct 14, 2016)

by Kate Curtis | October 14, 2016 2:30 am
EURUSD recently broke below its descending triangle support at 1.1130 and has dipped to a low of 1.0988 before showing signs of a pullback. Applying the Fib tool on the latest swing high and low shows that...

EURUSD Daily Analysis – October 14, 2016

by ForexCycle.com | October 14, 2016 1:37 am
EURUSD’s downward movement from 1.1279 extended to as low as 1.0985. Near term resistance is at 1.1080, as long as this level holds, the bounce from 1.0985 could be treated as consolidation of the downtrend. Further decline...

EUR/USD Forecast October 13, 2016, Technical Analysis

by FX Empire | October 13, 2016 7:20 am
The EUR/USD pair fell again during the day on Wednesday, testing the 1.10 level which has been my target for a few sessions now. With that being the case, I think that a bounce is likely to...

EURUSD Daily Analysis – October 13, 2016

by ForexCycle.com | October 13, 2016 2:37 am
EURUSD remains in downtrend from 1.1279 and the downward movement extended to as low as 1.1000. Further decline could be expected after a minor consolidation, and next target would be at 1.0950 area. Near term resistance is...