EURUSD Daily Analysis – August 27, 2014

by ForexCycle.com | August 27, 2014 3:23 am
EURUSD’s downward movement from 1.3411 extended to as low as 1.3152. Further decline could be expected after a minor consolidation, and next target would be at 1.3000 area. Near term resistance is located at the downward trend...

EUR/USD Forecast August 26, 2014, Technical Analysis

by FX Empire | August 26, 2014 10:49 am
The EUR/USD pair gapped lower at the open on Monday, as the bearish pressure on the Euro continues. Breaking below the 1.33 level was of course a negative sign, and we believe that this market continues to...

EURUSD Daily Analysis – August 26, 2014

by ForexCycle.com | August 26, 2014 3:14 am
EURUSD continued its downward movement from 1.3411, and the fall extended to as low as 1.3178. Resistance is located at the falling trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...

EURUSD Daily Analysis – August 25, 2014

by ForexCycle.com | August 25, 2014 3:33 am
EURUSD’s downward movement from 1.3700 extended to as low as 1.3185. Further decline could be expected after a minor consolidation, and next target would be at 1.3000 area. Resistance levels are at 1.3300 and 1.3350, only break...

EURUSD Weekly Analysis – August 24, 2014

by ForexCycle.com | August 24, 2014 1:24 am
EURUSD’s downward movement from 1.3993 extended to as low as 1.3220. Further decline is still possible over the next several weeks, and next target would be at 1.3000 area. Resistance is located at the downward trend line...

EUR/USD Forecast August 25, 2014, Technical Analysis

by FX Empire | August 24, 2014 12:28 am
The EUR/USD pair broke down during the course of the day on Friday, did bounce a little bit just above the 1.32 level. We believe that this market continues to sell off, but you should use short-term...

EUR/USD Forecast August 20, 2014, Technical Analysis

by FX Empire | August 20, 2014 5:14 am
The EUR/USD pair fell hard during the course of the day on Tuesday, but did not break down below the 1.33 handle, an area that we need to see violated to the downside in order to start...

EURUSD Daily Analysis – August 20, 2014

by ForexCycle.com | August 20, 2014 2:59 am
EURUSD broke below 1.3333 support, and continued its downward movement from 1.3700, and the fall extended to as low as 1.3313. Further decline could be expected over the next several days, and next target would be at...

EUR/USD Forecast August 19, 2014, Technical Analysis

by FX Empire | August 19, 2014 5:19 am
The EUR/USD pair initially tried to rally during the beginning of the session on Monday, but turned back around and fell back into the consolidation area. The 1.3350 level offered support though, and as a result it...

EURUSD Daily Analysis – August 19, 2014

by ForexCycle.com | August 19, 2014 3:04 am
EURUSD is facing 1.3333 support again, a breakdown below this level will signal resumption of the downtrend from 1.3700, then next target would be at 1.3000 area. Resistance is at 1.3444, only break above this level will...