EURUSD Daily Analysis – September 9, 2014

by ForexCycle.com | September 9, 2014 2:24 am
EURUSD continued its downward movement from 1.3411, and the fall extended to as low as 1.2881. Further decline could be expected, and next target would be at 1.2800 area. Near term resistance is at 1.2985, and the...

EURUSD Daily Analysis – September 8, 2014

by ForexCycle.com | September 8, 2014 2:43 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411. Further decline could be expected after a minor consolidation, and next target would be at 1.2800 area. Near term resistance is...

EURUSD Weekly Analysis – September 7, 2014

by ForexCycle.com | September 7, 2014 7:55 am
EURUSD’s downward movement from 1.3993 extended to as low as 1.2919. Further decline could be expected after a minor consolidation, and next target would be at 1.2700 area. Near term resistance is at 1.3040, as long as...

EUR/USD Forecast September 8, 2014, Technical Analysis

by FX Empire | September 6, 2014 10:06 am
The EUR/USD pair initially tried to rally during the session on Friday, but found the 1.30 level to be far too resistive. In the end, we ended up forming a shooting star, which of course suggests that...

EUR/USD Forecast September 5, 2014, Technical Analysis

by FX Empire | September 5, 2014 6:38 am
The EUR/USD pair fell hard during the session on Thursday as the European Central Bank surprised that the markets with a slight rate cut. With that, the market looks as if it is going to continue selling,...

EURUSD Daily Analysis – September 5, 2014

by ForexCycle.com | September 5, 2014 2:29 am
EURUSD’s downward movement from 1.3411 extended to as low as 1.2920. Further decline could be expected after a minor consolidation, and next target would be at 1.2800 area. Resistance is at 1.3050, as long as this level...

EUR/USD Forecast September 4, 2014, Technical Analysis

by FX Empire | September 4, 2014 5:17 am
The EUR/USD Pair rose slightly during the Wednesday session, but found sellers above again. The markets will be paying attention to the interest rate statement coming out of the ECB today, looking for clues of further QE...

EURUSD Daily Analysis – September 4, 2014

by ForexCycle.com | September 4, 2014 3:27 am
EURUSD remains in downtrend from 1.3411, the rise from 1.3110 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 September 3, 2014, Technical Analysis

by FX Empire | September 3, 2014 5:57 am
The EUR/USD pair initially fell during the course of the day on Wednesday, but bounced enough to form a nice-looking hammer. With that being the case, it appears that the market could get a little bit of...

EURUSD Daily Analysis – September 3, 2014

by ForexCycle.com | September 3, 2014 2:03 am
EURUSD remains in downtrend from 1.3411, further decline would likely be seen after a minor consolidation, and next target would be at 1.3000 area. Near term resistance is located at the upper line of the price channel...