EUR/USD Forecast May 6, 2016, Technical Analysis

by FX Empire | May 6, 2016 6:25 am
The EUR/USD pair fell significantly during the course of the session on Thursday, as we broke down below the bottom of the shooting star from the previous day. However, there is a significant amount of support near...

EUR/USD Forecast May 5, 2016, Technical Analysis

by FX Empire | May 5, 2016 9:26 am
The Euro tried to rally during the day on Wednesday, but struggled above the 1.15 level again. By doing so, we ended up forming a bit of a shooting star and it looks as if we may...

EUR/USD Forecast May 4, 2016, Technical Analysis

by FX Empire | May 4, 2016 6:02 am
The EUR/USD pair initially rose during the day on Tuesday, but turned back around to form a shooting star. The shooting star of course is a very negative sign, but as we have recently broken above resistance,...

EUR/USD Forecast May 3, 2016, Technical Analysis

by FX Empire | May 3, 2016 5:42 am
The EUR/USD pair broke higher during the course of the day, clearing the 1.15 level. By doing so, this market looks like it’s ready to continue going higher and that the Euro is going to break out....

EURUSD Weekly Analysis – May 1, 2016

by ForexCycle.com | May 1, 2016 8:17 am
EURUSD remains in uptrend from 1.0517. Further rise could be expected after a minor consolidation, and next target would be at 1.2000 area. Near term support is at 1.1100, and the key support is located at the...

EUR/USD Forecast May 2, 2016, Technical Analysis

by FX Empire | April 30, 2016 2:04 pm
The EUR/USD pair broke higher during the course of the session on Friday, as it looks like we are getting ready to break towards the 1.15 handle. Pullbacks at this point in time will be buying opportunities...

EUR/USD Forecast April 29, 2016, Technical Analysis

by FX Empire | April 29, 2016 6:47 am
The EUR/USD pair went back and forth during the course the day on Thursday as we continue to grind away. However, there is a lot of volatility, and as a result we could be trying to break...

EUR/USD Forecast April 28, 2016, Technical Analysis

by FX Empire | April 28, 2016 8:12 am
The EUR/USD pair had a slightly positive session during the day on Wednesday, pre-FOMC Statement. Because of this, the market looks as if it has a proclivity to go higher over the longer term, so having that...

EUR/USD Forecast April 27, 2016, Technical Analysis

by FX Empire | April 27, 2016 6:04 am
The EUR/USD pair initially tried to rally during the day on Tuesday, but pullback in order to form a relatively benign candle. That being the case, looks as if the market could drop from here but we...

EUR/USD Forecast April 26, 2016, Technical Analysis

by FX Empire | April 26, 2016 6:06 am
The EUR/USD pair rose during the course of the session on Monday, as we continue to see support just below. The 1.12 level has offered enough support to cause a bit of a bounce, and it should...