EUR/USD Forecast January 20, 2014, Technical Analysis

by FX Empire | January 18, 2014 3:12 am
The EUR/USD pair fell hard during the session on Friday, smashing through the 1.3550 support area. However, we think this area has support all the way down to the major handle in 1.35, so we are not...

EUR/USD Forecast January 17, 2014, Technical Analysis

by FX Empire | January 17, 2014 6:08 am
The EUR/USD pair try to rally on Thursday, but pulled back slightly in order to form a little bit of a shooting star. However, the 1.3550 level below is massively supportive, so we don’t necessarily read too...

EURUSD Daily Analysis – January 17, 2014

by ForexCycle.com | January 17, 2014 1:30 am
EURUSD stayed in a trading range between 1.3548 and 1.3699 for several days. The price action in the range is likely correction of the downtrend from 1.3892. One more rise to 1.3800 area to complete to correction...

EURUSD Daily Analysis – January 16, 2014

by ForexCycle.com | January 16, 2014 3:07 am
EURUSD’s fall from 1.3699 extended to as low as 1.3581. As long as 1.3548 key support holds, the fall could be treated as correction of the uptrend from 1.3548, one more rise to 1.3800 area is still...

EUR/USD Forecast January 16, 2014, Technical Analysis

by FX Empire | January 16, 2014 3:01 am
The EUR/USD pair fell during the session on Wednesday, testing the 1.36 level. The area is the beginning of significant support all the way down to the 1.3550 handle, so therefore we need to close below that...

EUR/USD Forecast January 15, 2014, Technical Analysis

by FX Empire | January 15, 2014 6:38 am
The EUR/USD pair did very little during the session on Tuesday, essentially banging around back and forth to end up where we started. The market appears to be somewhat supported in this area though, and the action...

EURUSD Daily Analysis – January 15, 2014

by ForexCycle.com | January 15, 2014 4:08 am
EURUSD remains in uptrend from 1.3548, the fall from 1.3699 would possibly be correction of the uptrend. As long as 1.3548 key support holds, another rise could be expected, and next target would be at 1.3800 area....

EUR/USD Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:16 am
The EUR/USD pair tried to fall during the session on Monday, but as you can see enough buyers stepped into the market to force the market to bounce. This bounce is a continuation of the bouncer we...

EURUSD Daily Analysis – January 14, 2014

by ForexCycle.com | January 14, 2014 2:32 am
EURUSD is now in uptrend from 1.3548. Further rise could be expected after a minor consolidation, and next target would be at 1.3750 area. Support levels are at 1.3600 and 1.3548, only break below these levels could...

EURUSD Daily Analysis – January 13, 2014

by ForexCycle.com | January 13, 2014 3:34 am
EURUSD broke above 1.3655 resistance, indicating that the downtrend from 1.3892 had completed at 1.3548 already. Further rally would likely be seen in a couple of days, and next target would be at 1.3750 area. Support levels...