EUR/USD Forecast November 5, 2014, Technical Analysis

by FX Empire | November 5, 2014 4:59 am
The EUR/USD pair broke higher during the course of the day on Tuesday, but we still have the 1.26 level above that should be resistive. That being the case, the market should see sellers coming back into...

EURUSD Daily Analysis – November 5, 2014

by ForexCycle.com | November 5, 2014 3:24 am
EURUSD remains in downtrend from 1.2867, the rise from 1.2441 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...

EUR/USD Forecast November 4, 2014, Technical Analysis

by FX Empire | November 4, 2014 7:44 am
The EUR/USD pair did very little during the session on Monday, as we continue to hang about the 1.25 level. That being the case, the market looks as if it is trying to decide whether or not...

EURUSD Daily Analysis – November 4, 2014

by ForexCycle.com | November 4, 2014 2:55 am
EURUSD’s downward movement from 1.2867 extended to as low as 1.2441. Further decline could be expected after a minor consolidation, and next target would be at 1.2200 area. Resistance is at 1.2570, only break above this level...

EURUSD Testing Record Lows (Nov 3, 2014)

by Kate Curtis | November 3, 2014 6:13 am
EURUSD seems to be gearing up to make new lows, as price is testing the previous ones near the 1.2500 major psychological level. A break below this area could signify that further losses are in the cards...

EURUSD Daily Analysis – November 3, 2014

by ForexCycle.com | November 3, 2014 2:57 am
EURUSD broke below 1.2500 support, indicating that the downtrend from 1.3700 (Jul 1 high) has resumed. Further decline could be expected, and next target would be at 1.2200 area. Near term resistance is at 1.2570, only break...

EURUSD Weekly Analysis – November 1, 2014

by ForexCycle.com | November 1, 2014 2:07 pm
After consolidation, EURUSD broke below 1.2500 support, indicating that the downtrend from 1.3993 has resumed. Further decline could be expected over the next several weeks, and next target would be at 1.2000 area. Key resistance is at...

EUR/USD Forecast November 3, 2014, Technical Analysis

by FX Empire | November 1, 2014 8:57 am
The EUR/USD pair broke down during the course of the session on Friday, breaking the bottom of the hammer from the Thursday session. We even went below the 1.25 level at one point in time, but at...

EUR/USD Forecast October 31, 2014, Technical Analysis

by FX Empire | October 31, 2014 7:16 am
The EUR/USD pair fell hard during the session on Thursday, but turned back around and bounced hard enough to form a beautiful looking hammer. The hammer is fixated on the 1.26 level, and that being the case...

EURUSD Daily Analysis – October 31, 2014

by ForexCycle.com | October 31, 2014 2:36 am
EURUSD’s downward movement from 1.2867 extended to as low as 1.2547. Further decline to test 1.2500 support could be expected, a breakdown below this level will signal resumption of the downtrend from 1.3700 (Jul 1 high), then...