EURUSD Surges: Bulls Eye 1.0930 as Next Target

by ForexCycle.com | November 4, 2024 2:12 am
The EURUSD pair has demonstrated impressive strength, extending its upward trajectory from the recent low of 1.0761 to reach a new high at 1.0905. This surge has caught the attention of forex traders and analysts alike, signaling...

EURUSD Tests Key Resistance: All Eyes on 1.0870

by ForexCycle.com | October 31, 2024 12:31 am
The EURUSD pair has continued its upward trajectory and is now testing a critical resistance level at 1.0870. This level has become the focal point for traders, as its breach could signal further bullish momentum for the...

Solana: Catching Opportunities Using Elliott Waves

by ForexCycle.com | October 30, 2024 10:20 am
By Elliott Wave International The Elliott Wave Principle can help you anticipate price moves in financial markets. If you know where you are in the Elliott wave structure, you know what’s likely to come next. Here’s the...

EURUSD Breaks Out: Bullish Momentum Takes Hold

by ForexCycle.com | October 30, 2024 10:02 am
In a significant turn of events, the EURUSD pair has shown resilience and strength, marking a potential shift in its recent trend. The pair’s refusal to break below the crucial 1.0761 support level, coupled with its successful...

EURUSD at a Crossroads: Will 1.0839 Resistance Hold?

by ForexCycle.com | October 29, 2024 12:28 am
The EURUSD pair has reached a critical juncture, currently testing the significant resistance level at 1.0839. This level has become a focal point for traders, as its breach or rejection could set the tone for the pair’s...

EURUSD: Downward Pressure Persists as Pair Hits New Lows

by ForexCycle.com | October 28, 2024 2:53 am
The EURUSD pair has continued its downward trajectory, extending its decline from the recent high of 1.1213 to reach a new low of 1.0761. This persistent downward pressure has caught the attention of forex traders, who are...

USDJPY Continues Its Upward March: What’s Next for the Yen?

by ForexCycle.com | October 22, 2024 9:19 am
The USDJPY pair has been displaying a consistent uptrend, as evidenced by its movement within a rising price channel on the 4-hour chart. This pattern suggests that the bullish momentum that began at 141.64 remains intact, offering...

EURUSD Caught in a Sideways Pattern: What’s Next?

by ForexCycle.com | October 22, 2024 8:17 am
The EURUSD pair has entered a consolidation phase, trading sideways within a narrow range between 1.0810 and 1.0871. This sideways movement has caught the attention of forex traders, who are now closely watching for signs of the...

Pattern Recognition: Your First Step to Using Elliott Waves

by ForexCycle.com | October 21, 2024 8:16 am
By Elliott Wave International At its most basic level, wave analysis is simply the identification of patterns in market prices. The essential Elliott wave pattern consists of “motive waves” and “corrective waves.” A motive wave is composed of five subwaves....

EURUSD: Is the Downtrend Taking a Breather?

by ForexCycle.com | October 21, 2024 2:58 am
The EURUSD pair has continued its downward trajectory, extending its decline from 1.1213 to reach a new low of 1.0810. However, the recent bounce from this level has sparked interest among traders, raising questions about whether this...