EUR/USD Forecast October 12, 2016, Technical Analysis

by FX Empire | October 12, 2016 6:03 am
The EUR/USD pair broke down significantly during the course of the session on Tuesday, slicing through the bottom of the support at the 1.11 level and now looks like it’s ready to reach towards the 1.10 level...

EURUSD Daily Analysis – October 12, 2016

by ForexCycle.com | October 12, 2016 2:54 am
EURUSD continued its downward movement from 1.1279 and the fall extended to as low as 1.1041. Further decline is still possible after a minor consolidation and next target would be at 1.1000 area. Near term resistance is...

EUR/USD Forecast October 11, 2016, Technical Analysis

by FX Empire | October 11, 2016 5:53 am
The EUR/USD pair fell significantly during the course of the session on Monday, crashing into the 1.1150 level. I believe that there is a significant amount of support just below there, so it is going to take...

EURUSD Daily Analysis – October 10, 2016

by ForexCycle.com | October 10, 2016 3:17 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in short term downtrend from 1.1279. As long as the trend line resistance holds, the rise from 1.1104 could be treated as consolidation of the...

EURUSD Weekly Analysis – October 9, 2016

by ForexCycle.com | October 9, 2016 3:43 am
EURUSD remains in uptrend from 1.0911, the fall from 1.1366 is likely consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.2000 area. Support is at 1.1050, only break...

EUR/USD Forecast October 10, 2016, Technical Analysis

by FX Empire | October 8, 2016 7:05 am
The EUR/USD pair went back and forth during the course of the session on Friday, testing the 1.1150 level. This is a market that seems to be respecting the massive supportive level in this region. I think...

EUR/USD Forecast October 7, 2016, Technical Analysis

by FX Empire | October 7, 2016 6:15 am
The EUR/USD pair fell rather significantly, and as a result we slammed into the 1.1150 level. A break down below the 1.11 handle would be reason enough to expect this market to drift down to the 1.10...

EUR/USD Forecast October 6, 2016, Technical Analysis

by FX Empire | October 6, 2016 6:43 am
EUR/USD had a very volatile session during the course of the day as Wednesday was simply a back-and-forth type of grind. The market seems to have quite a bit of support below at the 1.1150 level, which...

EURUSD Daily Analysis – October 6, 2016

by ForexCycle.com | October 6, 2016 4:01 am
EURUSD failed to break below 1.1123 support and stayed in the trading range between 1.1123 and 1.1279. Sideways movement in the range could be expected to continue in a couple of days. Support is at 1.1123, a...

EUR/USD Forecast October 5, 2016, Technical Analysis

by FX Empire | October 5, 2016 8:25 am
The EUR/USD pair fell rather significantly during the course of the day on Tuesday, crashing into the 1.1150 level. I think if we can break down below the 1.11 level, the market will then break down to...