EUR/USD Forecast December 23, 2015, Technical Analysis

by FX Empire | December 23, 2015 5:55 am
The EUR/USD pair broke higher during the course of the session on Tuesday, as we continue to grind a bit higher. This is a market that’s been consolidating though, and we believe it is essentially stuck between...

EUR/USD Forecast December 22, 2015, Technical Analysis

by FX Empire | December 22, 2015 6:11 am
The EUR/USD pair rose during the course of the day on Monday, as the market broke back above the 1.09 level. Ultimately, we feel that this market is simply consolidating between the 1.08 level on the bottom,...

EURUSD Weekly Analysis – December 20, 2015

by ForexCycle.com | December 20, 2015 7:22 am
EURUSD is now in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend. Further rally could be expected after correction, and next target would be at 1.2000 area. Support levels are at 1.0740...

EUR/USD Forecast December 21, 2015, Technical Analysis

by FX Empire | December 19, 2015 2:58 pm
The EUR/USD pair fell initially during the course of the day on Friday, but turned back around to form a bit of a hammer. The hammer of course suggests that the buyers are getting involved in on...

EUR/USD Forecast December 18, 2015, Technical Analysis

by FX Empire | December 18, 2015 6:19 am
The EUR/USD pair fell during the day on Thursday, testing the 1.08 level. That level is the bottom of the recent consolidation area, so we can break down below there we feel that the EUR/USD pair should...

EUR/USD Forecast December 17, 2015, Technical Analysis

by FX Empire | December 17, 2015 7:26 am
The EUR/USD pair had a fairly quiet session during the day on Wednesday, even though we had an interest-rate hike in the United States. After all, the market had already anticipated this. With that being said, there...

EUR/USD Forecast December 16, 2015, Technical Analysis

by FX Empire | December 16, 2015 5:36 am
The EUR/USD pair broke down during the day on Tuesday, forming a rather significant bearish candle at the 1.10 handle. Ultimately though, we have to pay attention to the FOMC Statement, as it gives us an idea...

EUR/USD Forecast December 15, 2015, Technical Analysis

by FX Empire | December 15, 2015 6:44 am
The EUR/USD pair broke above the 1.10 level again during the day on Monday, but still hasn’t completely broken out. After all, we need to clear the 1.11 level in order to be free and clear of...

EURUSD Weekly Analysis – December 13, 2015

by ForexCycle.com | December 13, 2015 1:20 pm
EURUSD is now in uptrend from 1.0517. Further rally could be expected after a minor consolidation, and next target would be at 1.2000 area. Support levels are at 1.0740 and 1.0517, only break below these levels could...

EUR/USD Forecast December 14, 2015, Technical Analysis

by FX Empire | December 12, 2015 2:08 pm
The EUR/USD pair looks as if we are trying to build up enough momentum to continue going higher, which of course would be a very positive sign. If we can get above the 1.11 level, we feel...