EUR/USD Forecast June 16, 2014, Technical Analysis
The EUR/USD pair went back and forth during the session on Friday, testing the 1.35 region for support. However, at the end of the day we really didn’t do much, and as a result we feel that...
Tag: EURUSD
EUR/USD Forecast June 13, 2014, Technical Analysis
The EUR/USD pair initially fell during the course of the session on Thursday, testing the 1.35 level again. With that being the case, the market bounced high from the massive support area, thereby forming a candle that...
EURUSD Daily Analysis – June 13, 2014
Being contained by 1.3502 support, EURUSD rebounded from 1.3512. However, another fall to re-test this support is still possible, a breakdown below this level will signal resumption of the downtrend from 1.3993, then next target would be...
EUR/USD Forecast June 12, 2014, Technical Analysis
The EUR/USD pair tried to rally during the course of the session on Wednesday, but found enough resistance above to turn things back around and form a shooting star. The shooting star suggests that we are going...
EURUSD Daily Analysis – June 12, 2014
EURUSD stays in a trading range between 1.3502 and 1.3676. Support is at 1.3502, a breakdown below this level will indicate that the downtrend from 1.3993 has resumed, then the following downward move could bring price to...
EUR/USD Forecast June 11, 2014, Technical Analysis
The EUR/USD pair fell during the course of the session on Tuesday, but still above the 1.35 handle. This is the area that we believe should be the absolute “floor” in this market, and because of that...
EURUSD Daily Analysis – June 11, 2014
EURUSD is facing 1.3502 support, a breakdown below this level will signal resumption of the downtrend from 1.3993, then next target would be at 1.3350 area. However, as long as 1.3502 support holds, the fall from 1.3676...
EUR/USD Forecast June 10, 2014, Technical Analysis
The EUR/USD pair initially tried to rally during the session on Monday, but turned things back around and fell relatively hard. The 1.36 level has been somewhat supportive lately, so we are looking for supportive candles in...
EURUSD Daily Analysis – June 10, 2014
EURUSD remains in uptrend from 1.3502, the fall from 1.3676 is likely correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.3750 area. Support is at 1.3502, only break...
EURUSD Daily Analysis – June 9, 2014
EURUSD is now in uptrend from 1.3502. Further rise could be expected after a minor consolidation, and next target would be at 1.3750 area. Support levels are at 1.3580 and 1.3502, only break below these levels could...