EUR/USD Forecast October 30, 2014, Technical Analysis

by FX Empire | October 30, 2014 5:29 am
The EUR/USD pair initially tried to rally during the course of the day on Wednesday, but a stronger and more hawkish than anticipated statement coming out of the Federal Reserve of course sent this market lower as...

EURUSD Daily Analysis – October 30, 2014

by ForexCycle.com | October 30, 2014 2:27 am
EURUSD is facing 1.2613 support, a breakdown below this level will signal resumption of the downtrend from 1.2867, then further decline to test 1.2500 support could be seen. Resistance is at 1.2770, only break above this level...

EURUSD Daily Analysis – October 29, 2014

by ForexCycle.com | October 29, 2014 1:42 am
EURUSD remains in downtrend from 1.2867, the rise from 1.2613 is likely consolidation of the downtrend. Another fall to test 1.2500 is still possible after consolidation, a breakdown below this level will signal resumption of the longer...

EUR/USD Forecast October 28, 2014, Technical Analysis

by FX Empire | October 28, 2014 6:16 am
The EUR/USD pair went back and forth during the course of the day on Monday, essentially going nowhere. We continue to struggle at the 1.27 level, and as a result it’s very likely that the sellers are...

EURUSD Daily Analysis – October 28, 2014

by ForexCycle.com | October 28, 2014 3:56 am
EURUSD remains in downtrend from 1.2867, as long as 1.2750 resistance holds, the rise from 1.2613 could be treated as consolidation of the downtrend. Another fall to test 1.2500 support could be expected after consolidation, a breakdown...

EURUSD Daily Analysis – October 27, 2014

by ForexCycle.com | October 27, 2014 4:10 am
EURUSD is now in downtrend from 1.2867, the rise from 1.2613 is likely consolidation of the downtrend. Further decline to test 1.2500 support would likely be seen, a breakdown below this level will signal resumption of the...

EURUSD Weekly Analysis – October 26, 2014

by ForexCycle.com | October 26, 2014 4:04 am
EURUSD failed to break above the resistance of the downward price channel on daily chart, indicating that the pair remains in downtrend from 1.3993, and the rise from 1.2500 could be treated as consolidation of the downtrend....

EUR/USD Forecast October 27, 2014, Technical Analysis

by FX Empire | October 25, 2014 1:00 pm
The EUR/USD pair tried to rally during the day on Friday, but as you can see pullback significantly in order to form a very neutral candle. This market continues to meander sideways and essentially as an offering...

EUR/USD Forecast October 24, 2014, Technical Analysis

by FX Empire | October 24, 2014 5:23 am
EUR/USD fell initially during the session here on Thursday, but ended up forming enough positive momentum towards the end of the day to form a little bit of a hammer. The fact is that the market essentially...

EURUSD Daily Analysis – October 24, 2014

by ForexCycle.com | October 24, 2014 3:24 am
EURUSD’s downward movement from 1.2867 extended to as low as 1.2613. Further decline to test 1.2500 support could be expected, a breakdown below this level will indicate that the longer term downtrend from 1.3700 (Jul 1 high)...