AUD/USD Forecast October 4, 2016, Technical Analysis

by FX Empire | October 4, 2016 8:35 am
The EUR/USD pair fell slightly during the course of the session on Monday, and as a result I feel that there is more than enough support below to eventually find buyers, and I believe that the 1.1150...

EURUSD Daily Analysis – October 4, 2016

by ForexCycle.com | October 4, 2016 1:38 am
EURUSD remains in short term downtrend from 1.1279. Another fall to test 1.1123 support is still possible, and a breakdown below this level will indicate that the longer term downtrend from 1.1366 (Aug 18 high) has resumed,...

EURUSD Weekly Analysis – October 2, 2016

by ForexCycle.com | October 2, 2016 12:38 pm
EURUSD continued its sideways movement in a range between 1.1122 and 1.1366. The sideways movement is likely consolidation of the uptrend from 1.0911. Further rise to 1.2000 area would likely be seen after consolidation. Support is at...

EUR/USD Forecast October 3, 2016, Technical Analysis

by FX Empire | October 1, 2016 6:29 am
The EUR/USD pair fell initially during the course of the session, turning back around to form a hammer as we bounced off of the 1.1150 level. The hammer that we formed suggested that we are ready to...

EUR/USD Forecast September 30, 2016, Technical Analysis

by FX Empire | September 30, 2016 7:17 am
The EUR/USD pair initially fell during the course of the day on Thursday, but then turned right back around to form a hammer. This coincides with the hammer from Wednesday, so at this point in time I...

EUR/USD Forecast September 29, 2016, Technical Analysis

by FX Empire | September 29, 2016 6:15 am
The EUR/USD pair went back and forth and form a bit of a negative candle, with a neutral tone as well. With this being the case, I think we continue to grind lower, but at this point...

EURUSD Daily Analysis – September 29, 2016

by ForexCycle.com | September 29, 2016 3:25 am
EURUSD is now in short term downtrend from 1.1279. Deeper decline to test 1.1123 key support is possible, and a breakdown below this level will indicate that the longer term downtrend from 1.1366 (Aug 18 high) has...

EUR/USD Forecast September 28, 2016, Technical Analysis

by FX Empire | September 28, 2016 7:15 am
The EUR/USD pair fell slightly during the course of the session on Tuesday, and as a result it looks as if we are ready to continue to go lower at this point in time. The real support...

EURUSD Descending Triangle (Sep 28, 2016)

by Kate Curtis | September 28, 2016 4:50 am
EURUSD has formed lower highs and found support at the 1.1130 area, creating a descending triangle formation on its 4-hour chart. Price is currently testing the triangle resistance and might be due for a drop back towards...

EURUSD Daily Analysis – September 28, 2016

by ForexCycle.com | September 28, 2016 4:17 am
EURUSD broke below 1.1200 support that we mentioned yesterday, indicating that the rebound from 1.1123 had completed at 1.1279 already. Another fall to retest 1.1123 support could be expected, a breakdown below this level will signal resumption...