EURUSD Daily Analysis – September 16, 2014

by ForexCycle.com | September 16, 2014 2:05 am
EURUSD moved sideways in a trading range between 1.2859 and 1.2987. Key resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the price action in the range...

EURUSD Daily Analysis – September 15, 2014

by ForexCycle.com | September 15, 2014 3:24 am
EURUSD remains in downtrend from 1.3411, the rise from 1.2859 is likely consolidation of the downtrend. Near term resistance is at 1.2987, as long as this level holds, the downtrend could be expected to resume, and another...

EURUSD Weekly Analysis – September 13, 2014

by ForexCycle.com | September 13, 2014 11:12 am
EURUSD is in downtrend from 1.3700, the rise from 1.2859 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend...

EUR/USD Forecast September 15, 2014, Technical Analysis

by FX Empire | September 13, 2014 9:26 am
The EUR/USD pair rose during the course of the day on Friday, but as you can see the 1.30 level has offered resistance yet again. That being the case, we ended up forming a shooting star, and...

EUR/USD Forecast September 12, 2014, Technical Analysis

by FX Empire | September 12, 2014 5:04 am
EUR/USD pair went back and forth during the course of the day on Thursday, remaining within the consolidation area we have been in for some time. The 1.30 level above is should continue to offer significant resistance,...

EURUSD Daily Analysis – September 12, 2014

by ForexCycle.com | September 12, 2014 2:59 am
EURUSD continued its sideways movement in a range between 1.2859 and 1.2987. As long as 1.2987 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.3411, another fall towards 1.2500 could be...

EUR/USD Forecast September 11, 2014, Technical Analysis

by FX Empire | September 11, 2014 7:12 am
The EUR/USD pair had a fairly calm session as we continue to bounce around in the general vicinity. We seem to be attracted to the 1.29 level, we think ultimately this market will break out to the...

EURUSD Daily Analysis – September 11, 2014

by ForexCycle.com | September 11, 2014 3:54 am
EURUSD is forming a sideways consolidation in a range between 1.2859 and 1.2987. As long as 1.2987 resistance holds, the downtrend from 1.3411 could be expected to resume, and another fall towards 1.2500 is still possible. Key...

EUR/USD Forecast September 10, 2014, Technical Analysis

by FX Empire | September 10, 2014 5:22 am
The EUR/USD pair broke lower during the day on Tuesday, but as you can see the 1.2850 level below offered enough support to turn things back around and form a hammer like candle. With that being the...

EURUSD Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:31 am
EURUSD remains in downtrend from 1.3411, the rise from 1.2859 is likely consolidation of the downtrend. Near term resistance is at 1.2985, and the key resistance is located at the downward trend line on 4-hour chart. As...