EURUSD Forecast August 11, 2015, Technical Analysis
The EURUSD pair initially tried to fall during the course of the session on Monday, but we turned back around and broke above the 1.10 level.
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EURUSD Forecast August 6, 2015, Technical Analysis
The EURUSD pair rose slightly during the course of the session on Wednesday, but quite frankly we are simply consolidating at the moment.
EURUSD Forecast August 5, 2015, Technical Analysis
The EURUSD pair initially tried to rally during the course of the session on Tuesday, but found the 1.10 level to be a bit too resistive.
EURUSD Forecast August 4, 2015, Technical Analysis
The EURUSD pair fell slightly during the course of the session on Monday, as we simply meandered below the 1.10 level.
EURUSD Forecast July 29, 2015, Technical Analysis
The EURUSD pair initially fell during the day on Tuesday, but found the 1.10 level to be supportive enough to turn the market back around.
EURUSD Forecast July 28, 2015, Technical Analysis
The EURUSD pair rose during the course of the day on Monday, breaking well above the 1.10 handle, and testing the 1.11 level.
EURUSD Forecast July 27, 2015, Technical Analysis
The EURUSD pair initially fell during the course of the session on Friday, but found enough support near the 1.09 level to turn things back around and form a hammer.
EURUSD Forecast July 24, 2015, Technical Analysis
The EURUSD pair rose during the course of the session on Thursday, slamming into the 1.10 level.
EURUSD Forecast July 23, 2015, Technical Analysis
The EURUSD pair tried to rally during the course of the session on Wednesday, but struggled at the 1.0980 level again in order to fall.
EURUSD Correction Setup July 22, 2015
After selling off in the past few days, EURUSD is making a correction to the 38.2% Fibonacci retracement level. This coincides with a broken support level around the 1.0950 minor psychological level and the 200 SMA resistance, which could allow the downtrend to resume.