EURUSD Daily Analysis – July 18, 2014

by ForexCycle.com | July 18, 2014 12:36 am
EURUSD is facing 1.3502 support, a breakdown below this level will indicate that the downtrend from 1.3993 (May 8 high) has resumed, then next target would be at 1.3300 area. Resistance is at 1.3580, only break above...

EUR/USD Forecast July 16, 2014, Technical Analysis

by FX Empire | July 16, 2014 7:02 am
The EUR/USD pair fell during the session on Tuesday, breaking below the lows from the past couple of weeks. However, we see a significant support region at the 1.35 handle, so we are simply waiting to see...

EURUSD Daily Analysis – July 16, 2014

by ForexCycle.com | July 16, 2014 3:31 am
EURUSD broke below 1.3575 support, indicating that the downtrend from 1.3700 has resumed. Further decline to test 1.3502 support could be seen. Resistance levels are at 1.3610 and 1.3650, only break above these levels could trigger another...

EUR/USD Forecast July 15, 2014, Technical Analysis

by FX Empire | July 15, 2014 6:11 am
The EUR/USD pair tried to rally during the session on Monday, but as you can see gave back about half of the gains in order to form a shooting star. The shooting star as you can see...

EURUSD Daily Analysis – July 15, 2014

by ForexCycle.com | July 15, 2014 3:47 am
EURUSD moved sideways in a range between 1.3575 and 1.3650. The price action in the range is likely consolidation of the downtrend from 1.3700. As long as 1.3650 resistance holds, the downtrend could be expected to resume,...

EURUSD Daily Analysis – July 14, 2014

by ForexCycle.com | July 14, 2014 1:52 am
EURUSD is facing 1.3575 support, a breakdown below this level will signal resumption of the downtrend from 1.3700, then next target would be at 1.3500 area. Resistance is at 1.3650, only break above this level could trigger...

EURUSD Weekly Analysis – July 13, 2014

by ForexCycle.com | July 13, 2014 5:06 am
EURUSD moved sideways in a range between 1.3503 and 1.3700. The price action in the range is likely consolidation of the downtrend from 1.3993, another fall to test 1.3477 support could be expected, a breakdown below this...

EUR/USD Forecast July 14, 2014, Technical Analysis

by FX Empire | July 13, 2014 1:08 am
EUR/USD pair went back and forth during the course of the session on Friday, essentially hugging the 1.36 level again. That being the case, the market still seems like it’s essentially stuck at fair value, as the...

EUR/USD Forecast July 10, 2014, Technical Analysis

by FX Empire | July 10, 2014 8:06 am
The EUR/USD pair initially fell during the session on Wednesday, but ended up bouncing in order to form a fairly positive candle. We are still stuck between the 1.36 handle and the 1.37 handle, so we are...

EURUSD Daily Analysis – July 10, 2014

by ForexCycle.com | July 10, 2014 2:49 am
EURUSD remains in downtrend from 1.3700, the rise from 1.3575 would possibly be correction of the downtrend. Key resistance is at 1.3700, as long as this level holds, the downtrend could be expected to resume, and another...