EUR/USD Forecast July 12, 2013, Technical Analysis

by FX Empire | July 12, 2013 5:09 am
The EUR/USD pair fell during most of Thursday, but as you can see bounced perfectly of the 1.30 level in order to form a hammer for the session. This of course shows that the 1.30 level is...

EUR/USD Forecast July 11, 2013, Technical Analysis

by FX Empire | July 11, 2013 5:12 am
The EUR/USD had an extraordinarily positive day after the FMOC minutes came out revealing that several of the Federal Reserve members on the committee were thinking that employment numbers needed to be stronger in order to taper...

EUR/USD Forecast July 10, 2013, Technical Analysis

by FX Empire | July 10, 2013 6:21 am
The EUR/USD pair fell hard during the session on Tuesday after initially trying to rally, and interestingly enough Below the 1.28 handle. However, towards the end of the session the Americans look like you’re trying to push...

EUR/USD Forecast July 9, 2013, Technical Analysis

by FX Empire | July 9, 2013 5:47 am
The EUR/USD pair bounced off of the 1.28 handle during the session on Monday, an area that we had previously mentioned as being rather supportive. It is because of this that we think that the market will...

EURUSD Analysis – July 6, 2013

by ForexCycle.com | July 6, 2013 2:39 pm
EURUSD is facing 1.2796 support, a breakdown below this level will confirm that the downtrend from 1.3711 has resumed, then the following downward movement could bring price to 1.2000 area.

EUR/USD Forecast July 8, 2013, Technical Analysis

by FX Empire | July 6, 2013 5:08 am
The EUR/USD pair fell during the session on Friday, as one would expect since the nonfarm payroll number was much better than anticipated. The Americans added 195,000 jobs in the month of June, and as a result...

EUR/USD Forecast July 4, 2013, Technical Analysis

by FX Empire | July 4, 2013 5:33 am
The EUR/USD pair fell during the balance of the session on Wednesday, but as you can see bounced enough to form a pretty nice looking hammer just and the 1.30 handle.

EUR/USD Forecast July 3, Technical Analysis

by FX Empire | July 3, 2013 7:09 am
The EUR/USD pair fell during the session on Tuesday, breaking below the 1.30 handle again. However, the next two days should be relatively quiet in North America as the Americans are celebrating Independence Day, and because of...

EUR/USD: Double Bottom Forming? (July 2, 2013)

by Kate Curtis | July 2, 2013 6:21 am
EUR/USD has tested the 1.3000 major psychological level a few times already, forming a double bottom pattern on its 1-hour time frame. However, the pair has yet to break above the neckline before confirming that a reversal...