EURUSD Daily Analysis – January 6, 2015

by ForexCycle.com | January 6, 2015 2:30 am
EURUSD remains in downtrend from 1.2569, the rise from 1.1861 is likely consolidation of the downtrend. Resistance is at 1.2050, as long as this level holds, the downtrend could be expected to continue, and next target would...

EURUSD Daily Analysis – January 5, 2015

by ForexCycle.com | January 5, 2015 3:05 am
EURUSD’s downward movement from 1.2569 extended to as low as 1.1861. Further decline could be expected after a minor consolidation, and next target would be at 1.1700 area. Resistance is at 1.2050, as long as this level...

EURUSD Weekly Analysis – January 4, 2015

by ForexCycle.com | January 4, 2015 7:22 am
EURUSD continued its downward movement from 1.3993 (May 8, 2014 high), and the fall extended to as low as 1.2000. Further decline could be expected after a minor consolidation, and next target would be at 1.1500 area....

EUR/USD Forecast January 5, 2015, Technical Analysis

by FX Empire | January 3, 2015 2:00 pm
The EUR/USD pair fell during the session on Friday, crashing into the 1.20 handle. This is a major level as far as support is concerned, as it was the area that the market bounced from several times...

EUR/USD Forecast January 2, 2015, Technical Analysis

by FX Empire | January 2, 2015 9:43 am
The EUR/USD pair broke down during the course of the session on Wednesday, testing the 1.12 handle. That being the case, it looks like we are going to continue to go lower, probably aiming for the 1.20...

EUR/USD Forecast December 31, 2014, Technical Analysis

by FX Empire | December 31, 2014 7:10 am
The EUR/USD pair initially tried to rally during the session on Tuesday, but struggled at the 1.22 handle. With that being the case, the market looks as if it’s ready to continue to go lower as the...

EURUSD Daily Analysis – December 31, 2014

by ForexCycle.com | December 31, 2014 2:59 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.2569. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

EUR/USD Forecast December 30, 2014, Technical Analysis

by FX Empire | December 30, 2014 10:00 am
The EUR/USD pair initially rallied during the session on Monday, but as you can see turned back around to fall below the 1.2150 level at one point during the day. That being the case, the market fell...

EURUSD Daily Analysis – December 30, 2014

by ForexCycle.com | December 30, 2014 5:47 am
EURUSD’s downward movement from 1.2569 extended to as low as 1.2132. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to...

EURUSD Daily Analysis – December 29, 2014

by ForexCycle.com | December 29, 2014 3:01 am
EURUSD is now in downtrend from 1.2569, and the fall extended to as low as 1.2166. Further decline could be expected after a minor consolidation, and next target would be at 1.2000 area. Resistance is at 1.2250,...