EUR/USD Forecast September 6, 2016, Technical Analysis

by FX Empire | September 6, 2016 6:08 am
The EUR/USD pair went back and forth during the course of the day on Monday, essentially settling nothing. Perhaps lack of volume was part of the problem as Americans were away for Labor Day. That being the...

EURUSD Daily Analysis – September 6, 2016

by ForexCycle.com | September 6, 2016 2:43 am
EURUSD is facing 1.1123 support, a breakdown below this level will signal resumption of the downtrend from 1.1366, then the following downward movement could bring price to 1.1000 area. Near term resistance is at 1.1251, only break...

EURUSD Daily Analysis – September 5, 2016

by ForexCycle.com | September 5, 2016 11:15 am
EURUSD remains in downtrend from 1.1366, the bounce from 1.1123 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.1000 area. Near term resistance is at 1.1251,...

EUR/USD Forecast September 5, 2016, Technical Analysis

by FX Empire | September 5, 2016 6:00 am
The EUR/USD pair initially tried to rally during the course of the session here on Friday, but turn right back around to form a bit of a shooting star I find this interesting due to the fact...

EURUSD Weekly Analysis – September 4, 2016

by ForexCycle.com | September 4, 2016 2:02 pm
EURUSD broke below the bottom of the price channel on daily chart, indicating that the upward movement from 1.0911 had completed at 1.1366 already. Further decline could be expected over the next several days, and next target...

EUR/USD Forecast September 2, 2016, Technical Analysis

by FX Empire | September 2, 2016 7:19 am
The EUR/USD pair initially fell during the course of the day on Thursday, but turn right back around to form a very bullish candle. Because of this, the market looks as if it is trying to break...

EUR/USD Forecast September 1, 2016, Technical Analysis

by FX Empire | September 1, 2016 6:19 am
The EUR/USD pair initially fell during the course of the session on Wednesday, but turned right back around to form a bit of a hammer. If we can break above the top the hammer, the market should...

EURUSD Daily Analysis – September 1, 2016

by ForexCycle.com | September 1, 2016 2:40 am
EURUSD continued its downward movement from 1.1366 and the fall extended to as low as 1.1123. Further decline is still possible after a minor consolidation, and next target would be at 1.1000 area. Resistance is at 1.1210,...

EURUSD Daily Analysis – August 31, 2016

by ForexCycle.com | August 31, 2016 5:34 am
EURUSD’s downward movement from 1.1366 extended to as low as 1.1132. Resistance is at 1.1210, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.1000 area. On...

EUR/USD Forecast August 31, 2016, Technical Analysis

by FX Empire | August 31, 2016 5:17 am
The EUR/USD pair fell significantly during the day on Tuesday, breaking the bottom of the hammer from the Monday session. That of course is a very negative sign and as a result I think that the Euro...