EURUSD Daily Analysis – March 19, 2014

by ForexCycle.com | March 19, 2014 3:54 am
EURUSD moved sideways in a trading range between 1.3833 and 1.3966. As long as the trend line support holds, the price action in the range could be treated as consolidation of the uptrend from 1.3477. Further rise...

EUR/USD Forecast March 19, 2014, Technical Analysis

by FX Empire | March 19, 2014 2:59 am
The EUR/USD pair fell during the session on Tuesday, but found enough support at the 1.39 level soon 10 things back around and form a hammer. This hammer suggests to us that we are continuing to build...

EUR/USD Forecast March 18, 2014, Technical Analysis

by FX Empire | March 18, 2014 6:57 am
The EUR/USD pair went back and forth during the session on Monday, essentially showing that the area just above is going to continue to be massively resistive. There is a downtrend line from the monthly timeframe that...

EURUSD Daily Analysis – March 18, 2014

by ForexCycle.com | March 18, 2014 3:09 am
EURUSD remains in uptrend from 1.3477, the fall from 1.3966 could be treated as consolidation of the uptrend. Support is at 1.3845, followed by the upward trend line on 4-hour chart. As long as the trend line...

EURUSD Daily Analysis – March 17, 2014

by ForexCycle.com | March 17, 2014 3:06 am
EURUSD’s upward movement from 1.3477 extended to as high as 1.3966. Key support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to...

EURUSD Weekly Analysis – March 16, 2014

by ForexCycle.com | March 16, 2014 6:14 am
EURUSD stays above the upward trend line on daily chart, and remains in uptrend from 1.3477, and the rise extended to as high as 1.3966. The uptrend could be expected to continue after a minor consolidation, and...

EUR/USD Forecast March 17, 2014, Technical Analysis

by FX Empire | March 15, 2014 1:53 pm
The EUR/USD pair rose during the session on Friday, but remains stuck to the 1.39 handle. This market looks as if it wants to continue to grind in this general vicinity, but right now we are at...

EUR/USD Forecast March 13, 2014, Technical Analysis

by FX Empire | March 13, 2014 6:52 am
The EUR/USD pair broke out to the upside after printing a hammer the previous day for the Wednesday session. However, we still remain below the downtrend line, which of course is from the monthly timeframe. That obviously...

EURUSD Daily Analysis – March 13, 2014

by ForexCycle.com | March 12, 2014 11:47 pm
EURUSD is facing 1.3914 resistance, a break above this level will signal resumption of the uptrend from 1.3477, then next target would be at 1.4000 area. Initial support is at 1.3830, and the key support is located...

EUR/USD Forecast March 12, 2014, Technical Analysis

by FX Empire | March 12, 2014 5:37 am
The EUR USD pair pullback during the session on Tuesday, but found enough support below in order to bounce and army hammer. This hammer completely contradicts the shooting star from the Friday session, and appears like a...