EUR/USD Forecast September 19, 2013, Technical Analysis

by FX Empire | September 19, 2013 6:38 am
The EUR/USD pair shot straight up during the session and broke above the 1.35 handle as the Federal Reserve announced that it was not going to taper off anytime soon. Because of this, you can expect US...

EUR/USD Forecast September 18, 2013, Technical Analysis

by FX Empire | September 18, 2013 8:11 am
The EUR/USD pair gained slightly during the session on Tuesday, hovering around the 1.3350 level again. However, with the Federal Reserve making its tapering decision soon, this market will more than likely sit still and do very...

EUR/USD Forecast September 17, 2013, Technical Analysis

by FX Empire | September 17, 2013 5:56 am
The EUR/USD pair gapped higher at the open on Monday, but as you can see spent the rest of the day pulling back. This however does look like it’s somewhat supportive though, and because of that we...

EURUSD Analysis – September 15, 2013

by ForexCycle.com | September 15, 2013 1:05 pm
EURUSD broke above 1.3250 resistance, suggesting that the uptrend from 1.2756 has resumed. Further rise would likely be seen and next target would be at 1.3500 area. Support is now at 1.3105, only break below this level...

EUR/USD Forecast September 13, 2013, Technical Analysis

by FX Empire | September 13, 2013 8:11 am
The EUR/USD pair fell during the session on Thursday, but as you can see found enough support at the 1.3250 level in order to bounce and form a hammer. This just solidifies our opinion that this market...

EUR/USD Forecast September 12, 2013, Technical Analysis

by FX Empire | September 12, 2013 3:10 am
The EUR/USD pair rose during the session on Wednesday, reaching to the 1.33 level as you can see. We continue to think that this market is bullish, and as a result we think the market will go...

EUR/USD Forecast September 11, 2013, Technical Analysis

by FX Empire | September 11, 2013 7:42 am
The EUR/USD pair fell initially during the session on Tuesday, but as you can see found enough support to bounce and form a hammer for the day. This hammer of course is a very bullish sign, and...

EUR/USD Forecast September 10, 2013, Technical Analysis

by FX Empire | September 10, 2013 8:01 am
The EUR/USD pair rose during the session on Monday, breaking above the 1.32 handle again. This means that we are reentering the consolidation area that we had spent so much time and, because of that we feel...

Reversal Candlesticks on EUR/USD (September 10, 2013)

by Kate Curtis | September 10, 2013 7:18 am
The euro’s rallies against the dollar might soon be coming to an end, as reversal candlesticks on the 4-hour time frame are hinting at an exhaustion. At the same time, stochastic has already reached the overbought zone,...

The Week Gone By, The Week We’re In

by CashBackForex.com | September 9, 2013 9:49 am
The US unemployment rate dropped to 7.3% down 0.1%.  To achieve this improvement, a record 516K of potential workers had to drop out of the work force in the latest month.