EUR/USD Forecast June 21, 2013, Technical Analysis

by FX Empire | June 21, 2013 6:00 am
The EUR/USD pair fell again during the session on Thursday, as risk assets in general sold off. That being the case, it appears that the Euro is on the back foot now, but we did see a...

EUR/USD Forecast June 20, 2013, Technical Analysis

by FX Empire | June 20, 2013 4:46 am
The EUR/USD pair fell hard during the session on Wednesday, slamming into the 1.33 handle and breaking below it. However, we did get a little bit of a bounce towards the end of the session, and as...

EUR/USD Forecast June 19, 2013, Technical Analysis

by FX Empire | June 19, 2013 4:56 am
The EUR/USD pair initially fell during the session on Tuesday, but found enough support yet again for the fifth day in a row in order to show strength yet again. The resulting candle formed a hammer, and...

EURUSD Analysis – June 15, 2013

by ForexCycle.com | June 15, 2013 10:25 am
EURUSD’s upward movement from 1.2796 extends to as high as 1.3390. Further rise could be expected next week, and next target would be at 1.3500 – 1.3600 area. Support is at 1.3170, only break below this level...

EUR/USD Forecast June 17, 2013, Technical Analysis

by FX Empire | June 15, 2013 9:42 am
The EUR/USD pair fell during the session on Friday, but as you can see found support at the 1.33 level again, and bounced yet again to form the third hammer in a row. We are approaching the...

EUR/USD Forecast June 14, 2013, Technical Analysis

by FX Empire | June 14, 2013 5:05 am
The EUR/USD pair fell during the session on Thursday, and even managed to get below the 1.33 handle. However, we got a bit of a bounce and as a result formed a hammer.

EUR/USD Forecast June 13, 2013, Technical Analysis

by FX Empire | June 13, 2013 6:46 am
The EUR/USD pair fell initially during the session on Wednesday, but found the 1.3300 level supportive enough to keep the market afloat. In the end, we did bounce and got as high as the 1.3350 or so,...

EUR/USD Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:44 am
The EUR/USD pair rose during the session on Tuesday as the US dollar got absolutely pummeled against most currencies. We have now broken above the 1.33 handle, and as such we are comfortable going long for the...

EUR/USD Forecast June 11, 2013, Technical Analysis

by FX Empire | June 11, 2013 6:29 am
The EUR/USD pair initially fell during the session on Monday, dipping below the 1.32 handle again. However, this move did not last that long and we did in fact find enough support at the 1.32 level in...

EURUSD Analysis – June 9, 2013

by ForexCycle.com | June 9, 2013 2:27 am
EURUSD breaks above 1.3242 resistance, suggesting that the downtrend from 1.3711 had completed at 1.2747 already. Further rise could be expected, and next target would be at 1.3500 area.