EURUSD Weekly Analysis – July 19, 2015

by ForexCycle.com | July 19, 2015 7:44 am
EURUSD is facing 1.0819 support, a breakdown below this level will indicate that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed, then the following downward movement could bring price to 1.0000 area. On...

EUR/USD Forecast July 20, 2015, Technical Analysis

by FX Empire | July 19, 2015 12:20 am
The EUR/USD pair fell during the course of the session on Friday, breaking below the bottom the hammer from the Thursday session. That being the case, it looks like the market is ready to continue to drop,...

EUR/USD Forecast July 17, 2015, Technical Analysis

by FX Empire | July 17, 2015 5:16 am
The EUR/USD pair fell during the course of the Thursday session, breaking below the 1.09 level. Because of this, we feel that the Euro is going to continue to sell off, and therefore if we can break...

EUR/USD Forecast July 16, 2015, Technical Analysis

by FX Empire | July 16, 2015 6:07 am
The EUR/USD pair initially tried to rally during the course of the day on Wednesday, but found the area above the 1.10 level to be a bit too expensive. Because of this, we ended up falling but...

EUR/USD Forecast July 15, 2015, Technical Analysis

by FX Empire | July 15, 2015 6:28 am
The EUR/USD pair went back and forth during the course of the day on Tuesday, testing the 1.10 level for support. We did find it there, we still believe that there is a significant amount of support...

EUR/USD Forecast July 14, 2015, Technical Analysis

by FX Empire | July 14, 2015 7:20 am
The EUR/USD pair initially rallied at the open on Monday as it was announced that a deal was reached in the Greek debt crisis. However, the Greek still have to vote in Parliament, and on top of...

EURUSD Weekly Analysis – July 12, 2015

by ForexCycle.com | July 12, 2015 7:47 am
EURUSD is forming a sideways consolidation in a range between 1.0819 and 1.1467. As long as 1.0819 support holds, the uptrend from 1.0462 could be expected to resume, and another rise towards 1.3000 is still possible. However,...

EUR/USD Forecast July 13, 2015, Technical Analysis

by FX Empire | July 11, 2015 9:44 am
The EUR/USD pair initially tried to rally during the session on Friday as word got out that the Greeks were trying to figure something out as far as pain the debt. However, it appears that the market...

EUR/USD Forecast July 10, 2015, Technical Analysis

by FX Empire | July 10, 2015 6:38 am
The EUR/USD pair tried to rally initially during the session on Thursday, but turned back around and crashed into the 1.10 level, an area that has been supportive. The area extends all the way down to the...

EUR/USD Forecast July 9, 2015, Technical Analysis

by FX Empire | July 9, 2015 9:29 am
The EUR/USD pair broke higher during the course of the session on Wednesday, using the 1.10 level as a bit of a springboard. Because of this, the market looks as if it is ready to continue going...