EURUSD Range Support (July 18, 2016)

by Kate Curtis | July 18, 2016 5:30 am
EURUSD has been trading inside a range, moving between support at 1.1035 and resistance at 1.1150. Price is currently testing support at the bottom of the range and seems ready for a bounce back to the top. ...

EURUSD Weekly Analysis – July 17, 2016

by ForexCycle.com | July 17, 2016 3:01 pm
EURUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.1616. Further decline could be expected after a minor consolidation, and next target would be at 1.0600 area. Resistance is at the...

EUR/USD Forecast July 13, 2016, Technical Analysis

by FX Empire | July 13, 2016 6:20 am
The EUR/USD pair broke to the upside during the day on Tuesday, but turn right back around to form a bit of a shooting star. With this, I believe that the market will continue to favor selling...

EUR/USD Forecast July 12, 2016, Technical Analysis

by FX Empire | July 12, 2016 8:16 am
The EUR/USD pair initially fell during the day on Monday, but then turn right back around to form a hammer. With this being the case, the market looks as if it is ready to grind away in...

EUR/USD Forecast July 11, 2016, Technical Analysis

by FX Empire | July 11, 2016 6:05 am
The EUR/USD pair went back and forth as it typically does during a Nonfarm  payrolls on Friday, ultimately settling on a slightly negative candle. The United States added more than expected as far as jobs are concerned, but...

EURUSD Weekly Analysis – July 10, 2016

by ForexCycle.com | July 10, 2016 1:36 pm
EURUSD remains in downtrend from 1.1616, the rise from 1.0911 is likely consolidation of the downtrend. Near term resistance is at 1.1440, as long as this level holds, the downtrend could be expected to continue, and next...

EUR/USD Forecast July 8, 2016, Technical Analysis

by FX Empire | July 8, 2016 6:49 am
The EUR/USD pair fell during the day on Thursday, as we continue to consolidate overall. We have broken down below and uptrend line recently, and have even retested it for resistance. Because of this, I feel there...

EUR/USD Forecast July 7, 2016, Technical Analysis

by FX Empire | July 7, 2016 6:30 am
The EUR/USD pair initially fell during the course of the session on Wednesday, but turn right back around and form a hammer. The hammer of course is a bullish sign and we could very well could reach...

EUR/USD Forecast July 6, 2016, Technical Analysis

by FX Empire | July 6, 2016 5:50 am
The EUR/USD pair initially tried to rally during the course of the day on Tuesday but found the previous uptrend line as resistive, and as a result we turn right back around to form a fairly negative...

EUR/USD Forecast July 5, 2016, Technical Analysis

by FX Empire | July 5, 2016 6:05 am
The EUR/USD pair initially fell during the day on Monday, but then turned back around to form a bit of a hammer. The hammer of course is a bullish sign but I also have the previous uptrend...