EURUSD Daily Analysis – August 28, 2014
EURUSD broke above the downward trend line on 4-hour chart, indicating that consolidation of the downtrend from 1.3700 (Jul 1 high) is underway.
FXE
EURUSD Daily Analysis – August 27, 2014
EURUSD’s downward movement from 1.3411 extended to as low as 1.3152.
EURUSD Forecast August 12, 2014, Technical Analysis
The EURUSD pair fell during the course of the day on Monday, continuing to show a bit of a downtrend, and consolidating in this general vicinity.
EURUSD Daily Analysis – August 11, 2014
EURUSD is facing 1.3444 resistance, as long as this level holds, the price action in the trading range between 1.3333 and 1.3444
EURUSD Forecast August 8, 2014, Technical Analysis
The EURUSD pair initially fell during the day on Thursday, but as you can see found support at roughly the same place it did during the Wednesday session.
EURUSD Forecast August 7, 2014, Technical Analysis
The EURUSD pair fell during the bulk of the session on Tuesday, but found enough support just above the 1.3325 level in order to bounce and form a nice-looking hammer.
EURUSD Daily Analysis – August 4, 2014
EURUSD broke above the downward trend line on 4-hour chart, indicating that consolidation of the downtrend from 1.3700 is underway.
EURUSD Forecast August 1, 2014, Technical Analysis
The EURUSD pair fell during the course of the day on Thursday, but as you can see found enough support below in order to bounce and form a little bit of a hammer.
EURUSD Forecast July 31, 2014, Technical Analysis
EURUSD pair did fall during the course of the day on Wednesday, but bounce significantly in order to form a bit of a hammer.
EURUSD Forecast July 30, 2014, Technical Analysis
The EURUSD pair initially tried to rally during the day on Tuesday, but the Euro continued to struggle during the session, and slammed into the 1.34 handle.