EURUSD Daily Analysis – March 25, 2014

by ForexCycle.com | March 25, 2014 2:16 am
EURUSD broke above 1.3845 resistance, indicating that the downtrend from 1.3966 had completed at 1.3749 already. Further rise to test 1.3966 resistance could be expected, a break above this level will signal resumption of the uptrend from...

EUR/USD Channel Support Retest (March 24, 2014)

by Kate Curtis | March 24, 2014 8:54 am
EUR/USD recently broke below a key support zone around the bottom of the rising channel on the 1-hour time frame and the 1.3800 major psychological level. This could be indicative of more losses for the pair, but...

EURUSD Daily Analysis – March 24, 2014

by ForexCycle.com | March 24, 2014 1:27 am
EURUSD broke below the upward trend line on 4-hour chart, and is now in downtrend from 1.3966. Further decline would likely be seen, and next target would be at 1.3650 area. Resistance is at 1.3845, only break...

EURUSD Weekly Analysis – March 22, 2014

by ForexCycle.com | March 22, 2014 2:26 pm
EURUSD broke below the upward trend line on daily chart, indicating that the short term uptrend from 1.3477 had completed at 1.3966 already. Deeper decline is still possible, and the target would be at 1.3550 area. Resistance...

EUR/USD Forecast March 24, 2014, Technical Analysis

by FX Empire | March 22, 2014 9:29 am
The EUR/USD pair rose slightly during the session on Friday, but essentially sat still. We are right at the 1.38 handle, an area that has been supportive in the past. However, we do not have a set...

EUR/USD Forecast March 21, 2014, Technical Analysis

by FX Empire | March 21, 2014 7:42 am
The EUR/USD pair fell during the session on Thursday, clearing the 1.38 level to the downside. The market is starting to head towards a cluster of trading near the 1.37 handle, so it doesn’t surprise us that...

EURUSD Daily Analysis – March 21, 2014

by ForexCycle.com | March 21, 2014 3:26 am
EURUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.3477 had completed at 1.3966 already. Deeper decline could be expected, and next target would be at 1.3700 area. Resistance is at...

EUR/USD Forecast March 20, 2014, Technical Analysis

by FX Empire | March 20, 2014 8:53 am
The EUR/USD pair fell hard during the session on Wednesday after the Federal Reserve announced that it expect a short-term interest rates to be at roughly 1% by the end of next year. This suggests that interest...

EUR/USD Uptrend Line Bounce (March 20, 2014)

by Kate Curtis | March 20, 2014 8:52 am
EUR/USD is moving in an uptrend, as seen on its 1-hour time frame. It is making a test of the rising trend line connecting the lows of the price while stochastic is in the oversold zone. A...

EURUSD Daily Analysis – March 20, 2014

by ForexCycle.com | March 20, 2014 2:37 am
EURUSD is facing the support of the upward trend line on 4-hour chart, a clear break below the trend line support will signal completion of the uptrend from 1.3477, then the following downward movement could bring price...