EUR/USD Forecast April 20, 2015, Technical Analysis

by FX Empire | April 19, 2015 1:12 am
The EUR/USD pair went back and forth during the course of the day on Friday, eventually settling on a slightly positive candle. The candle is in quite a shooting star, but it does look similar. Because of...

EUR/USD Forecast April 17, 2015, Technical Analysis

by FX Empire | April 17, 2015 6:32 am
The EUR/USD pair initially fell during the session on Thursday, but found enough support below to turn things back around and form a fairly positive candle. However, we recognize that the 1.10 level above is massive in...

EUR/USD Forecast April 16, 2015, Technical Analysis

by FX Empire | April 16, 2015 5:35 am
The EUR/USD pair initially fell during the course of the day on Wednesday but found enough support near the 1.0550 level to turn things back around for a fairly bullish looking candle. At the end of the...

EURUSD Retracement Setup (Apr 16, 2015)

by Kate Curtis | April 16, 2015 5:31 am
EURUSD has been selling off since the start of the month but it seems to be making a correction for the past few days. Price has popped up from the 1.0500 area to the 1.0700 levels, which...

EUR/USD Forecast April 15, 2015, Technical Analysis

by FX Empire | April 15, 2015 5:35 am
The EUR/USD pair initially fell slightly during the session on Tuesday, but found the area near 1.05 as supportive. We ended up bouncing drastically from there, but found the 1.07 level above as being resistive. We believe...

EUR/USD Forecast April 14, 2015, Technical Analysis

by FX Empire | April 14, 2015 7:41 am
The EUR/USD pair fell during the majority of the session on Monday, but found enough support near the 1.05 level to turn things back around and form a nice-looking hammer. This hammer of course suggests that the...

EURUSD Daily Analysis – April 13, 2015

by ForexCycle.com | April 13, 2015 2:57 am
EURUSD’s downward movement from 1.1052 extended to as low as 1.0567. Further decline to test 1.0462 support is possible, a breakdown below this level will confirm that the long term downtrend from 1.3993 (May 8, 2014 high)...

EURUSD Weekly Analysis – April 12, 2015

by ForexCycle.com | April 12, 2015 6:09 am
EURUSD stayed in the downward price channel on daily chart, and remains in downtrend from 1.3993 (May 8, 2014 high). Resistance is located at the top of the channel, as long as the channel resistance holds, the...

EUR/USD Forecast April 13, 2015, Technical Analysis

by FX Empire | April 11, 2015 9:32 am
The EUR/USD pair fell during the session on Friday, as we continue to drive down towards the 1.05 handle. That is an area that should be supportive overall, but we do believe that eventually this market will...

EUR/USD Forecast April 10, 2015, Technical Analysis

by FX Empire | April 10, 2015 5:39 am
The EUR/USD pair broke down during the session on Thursday, clearing the most recent low. Because of this, it appears that the Euro will continue to fall, probably heading to the 1.05 level. We have no interest...