EURUSD Forecast May 29, 2014, get technical Analysis
The EURUSD pair fell during the session on Wednesday, breaking below the 1.36 level towards the end of the day.
FXE
EURUSD Forecast May 28, 2014, Technical Analysis
The EURUSD (FXE, quote) pair fell during most of the session on Tuesday, but found the 1.36 level supportive yet again. Because of this, it appears that the market is ready to grind sideways, as this area although supportive, isn’t necessarily a major support area.
EURUSD Forecast May 22, 2014, Technical Analysis
The EURUSD pair fell during the bulk of the session on Wednesday, with that, we feel that the market forming the hammer at this point suggests that the 1.37 level will certainly continue to offer support, and as a result we feel that we could very well break higher.
EURUSD Forecast May 22, 2014, Technical Analysis
The EURUSD pair fell during the bulk of the session on Wednesday, with that, we feel that the market forming the hammer at this point suggests that the 1.37 level will certainly continue to offer support,
EURUSD Daily Analysis – May 21, 2014
EURUSD’s downward movement from 1.3993 had completed at 1.3648 already, and the pair is now in uptrend.
EURUSD Daily Analysis – May 19, 2014
EURUSD remains in downtrend from 1.3993, the rise from 1.3648 could be treated as consolidation of the downtrend. Resistance is now at 1.3735,
EURUSD Forecast May 16, 2014, Technical Analysis
The EURUSD pair fell hard during the session on Thursday, breaking well below the 1.37 level, but part of this would’ve been based upon news headlines coming out of Spain that the European Central Bank might bring its rate down to negative real rates.
EURUSD Forecast May 15, 2014, Technical Analysis
The EURUSD pair initially tried to rally, but Wednesday action sell the market fall down to the 1.37 level.
EURUSD Forecast May 13, 2014, Technical Analysis
The EURUSD pair did almost nothing during the session on Monday, as the market sits right on top of the 1.3750 level, an area that we know is supportive.
EURUSD Daily Analysis – May 12, 2014
EURUSD’s downward movement from 1.3993 extended to as low as 1.3745.