EURUSD Weekly Analysis – April 24, 2016

by ForexCycle.com | April 24, 2016 7:37 am
EURUSD is facing 1.1100 support, as long as this level holds, the fall from 1.1464 could be treated as consolidation of the uptrend from 1.0822, another rise towards 1.2000 could be expected after consolidation. On the downside,...

EUR/USD Forecast April 25, 2016, Technical Analysis

by FX Empire | April 24, 2016 6:14 am
The EUR/USD pair fell significantly during the day on Friday, after initially forming a shooting star from Thursday. That being the case, we broke down below the 1.1250 level, which had previously been support. With this, looks...

EUR/USD Forecast April 22, 2016, Technical Analysis

by FX Empire | April 22, 2016 6:37 am
The EUR/USD pair initially tried to rally during the course of the session on Thursday, but turn right back around to form a massive shooting star. Having said that, there is a lot of support just below...

EUR/USD Forecast April 21, 2016, Technical Analysis

by FX Empire | April 21, 2016 5:45 am
The EUR/USD pair initially tried to rally during the day on Wednesday, but turn right back around to form a rather negative candle. By doing so, the negative candle shows us that there is still quite a...

EUR/USD Forecast April 20, 2016, Technical Analysis

by FX Empire | April 20, 2016 6:30 am
EUR/USD pair rose during the day on Tuesday, as we slammed into the 1.14 region. There is quite a bit of resistance here though, so more than likely we will have to pullback in order to build...

EUR/USD Forecast April 19, 2016, Technical Analysis

by FX Empire | April 19, 2016 5:22 am
The EUR/USD pair rose during the day on Monday, as we continue to find buyers in this market. We are broken above the top of the shooting star from Friday, so it does look very bullish, and...

EURUSD Weekly Analysis – April 17, 2016

by ForexCycle.com | April 17, 2016 12:38 pm
EURUSD remains in uptrend from 1.0822, the fall from 1.1464 is likely consolidation of the uptrend. Support is at 1.1100, as long as this level holds, the uptrend could be expected to resume, and next target would...

EUR/USD Forecast April 15, 2016, Technical Analysis

by FX Empire | April 15, 2016 8:51 am
The EUR/USD pair went back and forth during the course of the session on Thursday, forming a fairly neutral candle. It does look a bit like a market that is trying to find some type of support,...

EUR/USD Forecast April 14, 2016, Technical Analysis

by FX Empire | April 14, 2016 9:09 am
The EUR/USD pair fell rather hard during the course of the day on Wednesday, breaking below the 1.13 level. With this, looks as if the market will probably continue to try to grind lower for the short-term,...

EUR/USD Forecast April 12, 2016, Technical Analysis

by FX Empire | April 12, 2016 10:26 am
The EUR/USD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance. It extends all...