EURUSD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:10 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

EURUSD Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:03 am
EURUSD remains in downtrend from 1.3411, and the fall extended to as low as 1.2826. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...

EURUSD Weekly Analysis – September 20, 2014

by ForexCycle.com | September 20, 2014 1:50 pm
EURUSD’s downward movement from 1.3700 extended to as low as 1.2825. Further decline would likely be seen over the next several weeks, and next target would be at 1.2300 area. Resistance is now at 1.29954, only break...

EUR/USD Forecast September 22, 2014, Technical Analysis

by FX Empire | September 20, 2014 8:27 am
EUR/USD fell during the course of the day on Friday, testing the 1.28 level yet again. However, we did not break down below that area and as a result we feel that this market should continue to...

EUR/USD Forecast September 19, 2014, Technical Analysis

by FX Empire | September 19, 2014 6:18 am
The EUR/USD pair broke higher during the course of the day on Thursday, bouncing off of the lows from the Wednesday session. That being the case though, we still feel that this market is and consolidation area...

EURUSD Daily Analysis – September 19, 2014

by ForexCycle.com | September 19, 2014 2:37 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411, the rise from 1.2834 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...

EURUSD Daily Analysis – September 18, 2014

by ForexCycle.com | September 18, 2014 3:12 am
After consolidation, EURUSD broke below 1.2859 support and continued its downward movement from 1.3411, and the fall extended to as low as 1.2834. Further decline could be expected, and next target would be at 1.2600 area. Resistance...

EUR/USD Forecast September 17, 2014, Technical Analysis

by FX Empire | September 17, 2014 6:01 am
The EUR/USD pair broke higher during the course of the day on Tuesday, but found the 1.30 level to be far too resistive. That area has offered far too much in the way of pressure to keep...

EURUSD Daily Analysis – September 17, 2014

by ForexCycle.com | September 17, 2014 2:56 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411. As long as the trend line resistance holds, the rise from 1.2859 could be treated as consolidation of the downtrend, and...

EUR/USD Forecast September 16, 2014, Technical Analysis

by FX Empire | September 16, 2014 5:37 am
The EUR/USD pair fell during most of the day on Monday, but as you can see bounced enough to form a hammer. Because of this, we feel that the market is going to try to break out...