EUR/USD Forecast April 21, 2014, Technical Analysis

by FX Empire | April 19, 2014 2:22 am
The EUR/USD pair did nothing during the session on Friday, as the Good Friday holiday of course would have drained a lot of liquidity out of the marketplace. With that, we feel that the market looks like...

EURUSD Daily Analysis – April 18, 2014

by ForexCycle.com | April 18, 2014 3:12 am
EURUSD is now in downtrend from 1.3905, the rise from 1.3790 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and the target would be at 1.3750 area. Resistance levels are at 1.3865...

EUR/USD Forecast April 18, 2014, Technical Analysis

by FX Empire | April 18, 2014 3:07 am
The EUR/USD pair rose during the session initially on Thursday, but ran into far too much resistance above to keep the gains. With that, we feel that this market pulling back and forming a shooting star is...

EUR/USD Forecast April 17, 2014, Technical Analysis

by FX Empire | April 17, 2014 6:36 am
The EUR/USD pair rose during the session on Wednesday, using the 1.38 level as a springboard. However, we pulled back enough to form a shooting star, and it appears that the market is going to continue to...

EURUSD Daily Analysis – April 17, 2014

by ForexCycle.com | April 17, 2014 1:33 am
EURUSD is in consolidation of the uptrend from 1.3672. Range trading between 1.3785 and 1.3905 is possible over the next several days. Key resistance is at 1.3905, a break above this level will indicate that the uptrend...

EUR/USD Forecast April 16, 2014, Technical Analysis

by FX Empire | April 16, 2014 5:19 am
The EUR/USD pair went back and forth during the session on Tuesday, forming a very neutral candle. Because of this, we feel that the market simply isn’t going to do my share, and quite frankly is probably...

EURUSD Daily Analysis – April 16, 2014

by ForexCycle.com | April 16, 2014 3:46 am
EURUSD remains in uptrend from 1.3672, the fall from 1.3905 could be treated as consolidation of the uptrend. Range trading between 1.3785 and 1.3905 is possible over the next several days. Resistance is at 1.3905, a break...

EUR/USD Forecast April 15, 2014, Technical Analysis

by FX Empire | April 15, 2014 5:48 am
The EUR/USD pair fell during the session on Monday, gapping lower as ECB members suggested that perhaps more monetary stimulus could come into play as the Euro is overvalued in their opinion. With that, we may end...

EURUSD Daily Analysis – April 15, 2014

by ForexCycle.com | April 15, 2014 3:20 am
EURUSD’s fall from 1.3905 extended to as low as 1.3808. However, the fall is likely consolidation of the uptrend from 1.3672, range trading between 1.3785 and 1.3905 is possible over the next several days. Resistance is at...

EURUSD Daily Analysis – April 14, 2014

by ForexCycle.com | April 14, 2014 3:34 am
EURUSD broke below 1.3850 support, indicating that the uptrend from 1.3672 had completed at 1.3905 already. Range trading between 1.3800 and 1.3905 would likely be seen in a couple of days. As long as 1.3800 support holds,...