EURUSD Forecast November 25, 2014, Technical Analysis
The EURUSD pair initially fell during the course of the day on Monday, but as you can see bounced enough to break back above the 1.24 handle.
FXE
EURUSD Daily Analysis – November 24, 2014
EURUSD is facing 1.2358 support, a breakdown below this level will confirm that the downtrend from 1.2867 has resumed,
EURUSD Weekly Analysis – November 23, 2014
EURUSD failed to break above the upper line of the price channel on daily chart, indicating that the pair remains in downtrend from 1.3993.
EURUSD Daily Analysis – November 21, 2014
EURUSD remains in uptrend from 1.2358, the fall from 1.2599 could be treated as consolidation of the downtrend.
EURUSD Rising Trend Channel – Nov 20, 2014
EURUSD is moving inside a rising channel on its 1-hour forex chart, with price just finding resistance at the top of the range. Stochastic is moving lower, indicating that sellers are in control of price action for now. MACD is also heading down, which confirms the bearish momentum.
EURUSD Daily Analysis – November 19, 2014
EURUSD stays above the rising trend line on 4-hour chart, and remains in uptrend from 1.2358, the fall from 1.2577 would possibly be consolidation of the uptrend.
EURUSD Daily Analysis – November 18, 2014
EURUSD’s upward movement extended to as high as 1.2577. Further rise is still possible, and next target would be at 1.2600 – 1.2650 area.
EURUSD Daily Analysis – November 17, 2014
EURUSD broke above 1.2508 resistance, indicating that the downtrend from 1.2867 had completed at 1.2358 already.
EURUSD Weekly Analysis – November 16, 2014
EURUSD remains in downtrend from 1.3993, the rise from 1.2357 is likely consolidation of the downtrend.
EURUSD Daily Analysis – November 14, 2014
EURUSD is testing the resistance of the downward price channel on 4-hour chart.