EUR/USD Forecast May 16, 2013, Technical Analysis

by FX Empire | May 16, 2013 5:07 am
The EUR/USD pair fell during the session on Wednesday, although we did see a bit of a bounce towards the end of the session. The 1.2850 level looks to be offering a bit of support, and this...

EUR/USD Daily Reversal Chart Patterns (May 15, 2013)

by Kate Curtis | May 15, 2013 6:43 am
Following a successful break of the double top neckline on the daily time frame, EUR/USD appears poised to test the neckline of the larger head and shoulders formation, which can be seen on both the weekly and...

EUR/USD Forecast May 15, 2013, Technical Analysis

by FX Empire | May 15, 2013 5:07 am
The EUR/USD pair tried to rally during the session on Tuesday, but you can see that there are plenty of sellers just above the 1.30 handle. The resulting candle is a bit of a shooting star, although...

EUR/USD Forecast May 14, 2013, Technical Analysis

by FX Empire | May 14, 2013 5:34 am
The EUR/USD pair went back and forth during the session on Monday, continuing to confound traders around the world. This is a pair that simply cannot decide which direction wants to go, but it is easy to...

EURUSD Analysis – May 11, 2013

by ForexCycle.com | May 11, 2013 1:46 pm
EURUSD breaks below 1.2955 support, suggesting that the upward movement from 1.2747 had completed at 1.3242 already. Deeper decline to test 1.2747 support would likely be seen next week,

EUR/USD Forecast May 13, 2013, Technical Analysis

by FX Empire | May 11, 2013 9:00 am
The EUR/USD pair fell significantly during the session on Friday, and even managed to break down below the 1.30 level. However, you can see that a significant amount of the loss was recovered by the end of...

EUR/USD Forecast May 10, 2013, Technical Analysis

by FX Empire | May 10, 2013 4:59 am
The EUR/USD pair fell during the session on Thursday, as we had been near the top of the range that the market is currently stuck in. It also see that the 1.30 level offered enough support to...

EUR/USD Forecast May 9, 2013, Technical Analysis

by FX Empire | May 9, 2013 4:00 am
The EUR/USD pair had a strong showing during the session on Wednesday, but most importantly could not break above the 1.32 resistance level that has contained the pair for some time now.

EUR/USD Forecast May 8, 2013, Technical Analysis

by FX Empire | May 8, 2013 9:43 am
The EUR/USD continues to grind away sideways, stuck in a consolidation area between the 1.30 handle, and the 1.32 level. With that being the case, this is not an easy currency pair to trade unless you’re going...

EUR/USD Descending Triangle (May 8, 2013)

by Kate Curtis | May 8, 2013 7:13 am
  EUR/USD is slowly edging closer and closer to the 1.3000 major psychological support again as the pair has formed lower highs on its 1-hour chart. In fact, it has created a descending triangle pattern on the...