EUR/USD Forecast June 29, 2015, Technical Analysis

by FX Empire | June 29, 2015 9:01 am
The EUR/USD pair went back and forth during the course of the day on Friday, essentially settling nothing. But the one thing that we did see was that the 1.11 level continues offer support, as does the...

EURUSD Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:17 am
EURUSD moved sideways in a trading range between 1.0819 and 1.1467. As long as 1.0819 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0462, and further rise towards 1.3000 is still...

EUR/USD Forecast June 26, 2015, Technical Analysis

by FX Empire | June 26, 2015 7:44 am
The EUR/USD pair fell initially during the course of the session on Thursday, but found enough support below the 1.12 level to turn things back around and form a bit of a hammer. There is an uptrend...

EUR/USD Forecast June 25, 2015, Technical Analysis

by FX Empire | June 25, 2015 6:41 am
The EUR/USD pair had a slightly positive session on Wednesday, but quite frankly was a bit on impressive. We believe that the market sitting flat in this area is a reasonably decent sign for the buyers though,...

EUR/USD Forecast June 23, 2015, Technical Analysis

by FX Empire | June 23, 2015 7:50 am
The EUR/USD pair fell during the day on Monday, but continues to find plenty of support. We believe that ultimately that this market breaks out to the upside but it has to clear the 1.15 level to...

EURUSD Wedge Breakdown (June 23, 2015)

by Kate Curtis | June 23, 2015 4:45 am
EURUSD has been consolidating inside a rising wedge pattern for the past few weeks and is recently showing signs of a breakdown. Price is trading below the 1.1300 handle and may be in for around 200 pips...

EURUSD Weekly Analysis – June 21, 2015

by ForexCycle.com | June 21, 2015 5:23 am
EURUSD stays in the upward price channel on daily chart, and remains in uptrend from 1.0462. Support is at 1.0819, as long as this level holds, the uptrend could be expected to continue, and further rise to...

EUR/USD Forecast June 22, 2015, Technical Analysis

by FX Empire | June 21, 2015 3:19 am
The EUR/USD pair fell during the course of the session on Friday, but found support near the 1.13 level to turn things back around and form a hammer. The hammer of course suggests buying, but we do...

EUR/USD Forecast June 18, 2015, Technical Analysis

by FX Empire | June 18, 2015 9:06 am
The EUR/USD pair initially fell during the session on Wednesday, but the FOMC statement of course turn the market back around and we shot straight up towards the 1.14 level. However, there is a significant amount of...

EURUSD Triangle Breakout (June 18, 2015)

by Kate Curtis | June 18, 2015 6:53 am
EURUSD just broke out of its short-term consolidation pattern, signaling that further gains are possible for the pair. Recall that price had traded inside a symmetrical triangle pattern before breaking to the upside past the 1.1300 major...