EURUSD Daily Analysis – August 18, 2014

by ForexCycle.com | August 18, 2014 2:33 am
EURUSD continued its sideways movement in a range between 1.3333 and 1.3444. As long as 1.3444 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3700, another fall towards...

EURUSD Weekly Analysis – August 17, 2014

by ForexCycle.com | August 17, 2014 6:22 am
EURUSD remains in downtrend from 1.3993. Further decline would likely be seen, and next target would be at 1.3000 area. Initial resistance is at 1.3450, only break above this level will indicate that consolidation of the downtrend...

EUR/USD Forecast August 18, 2014, Technical Analysis

by FX Empire | August 16, 2014 12:15 pm
The EUR/USD pair rose during the course of the day on Friday, but as you can see we stopped just below the 1.34 level again. However, the weekly candle for the third week in a row is...

EURUSD Symmetrical Triangle Pattern (August 15, 2014)

by Kate Curtis | August 15, 2014 8:44 am
EURUSD has been consolidating tightly, as the pair made lower highs and higher lows, forming a symmetrical triangle pattern on its 1-hour time frame. Price is currently testing the bottom of the formation while stochastic is moving...

EUR/USD Forecast August 15, 2014, Technical Analysis

by FX Empire | August 15, 2014 5:46 am
The EUR/USD pair went back and forth during the day on Thursday, but formed a shooting star yet again. Every time this market rallies, the sellers step been to push it back down. With that, if we...

EURUSD Daily Analysis – August 15, 2014

by ForexCycle.com | August 15, 2014 2:51 am
EURUSD moved sideways without trend in a narrow range between 1.3333 and 1.3444. The sideways move is likely consolidation of the downtrend from 1.3700. As long as 1.3444 resistance holds, the downtrend could be expected to resume,...

EUR/USD Forecast August 14, 2014, Technical Analysis

by FX Empire | August 14, 2014 7:02 am
The EUR/USD pair continues on bearish as we initially rallied during the day on Wednesday, only to turn back around and form a massive shooting star. The candle forming where it does suggests that we are in...

EURUSD Daily Analysis – August 14, 2014

by ForexCycle.com | August 14, 2014 3:08 am
EURUSD continued its sideways movement in a range between 1.3333 and 1.3444. As long as 1.3444 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3700, another fall towards...

EURUSD Daily Analysis – August 13, 2014

by ForexCycle.com | August 13, 2014 12:10 am
EURUSD failed to break below 1.3333 support and stayed in the trading range between 1.3333 and 1.3444. The price action in the range is likely consolidation of the downtrend from 1.3700. As long as 1.3444 resistance holds,...

EUR/USD Forecast August 12, 2014, Technical Analysis

by FX Empire | August 12, 2014 7:23 am
The EUR/USD pair fell during the course of the day on Monday, continuing to show a bit of a downtrend, and consolidating in this general vicinity. We believe that the 1.33 level is the significant support that...