EUR/USD Update: Key Levels to Watch After Resistance Test

by ForexCycle.com | November 11, 2024 1:22 am
The EUR/USD currency pair has encountered some challenges recently, failing to break above the resistance level of 1.0831. This resistance has proven to be a significant barrier, and as the market reacts, traders should keep a close...

Don’t Count on Fed to Rescue Economy: Here’s Why

by ForexCycle.com | November 8, 2024 3:05 am
By Elliott Wave International The Fed’s September lowering of the fed funds rate was greeted with widespread celebration on Wall Street. Yet, history shows that such moves by the Fed don’t always translate into a glowing economy....

EURUSD Stages a Comeback: Will Bulls Reclaim Lost Ground?

by ForexCycle.com | November 8, 2024 12:55 am
After a significant downturn that saw the EURUSD pair plummet from 1.0936 to a low of 1.0682, the currency pair is showing signs of life once again. This recent bounce has caught the attention of forex traders,...

EURUSD Reverses Course: Bulls Retreat as Key Support Breaks

by ForexCycle.com | November 6, 2024 1:26 am
The EURUSD pair has recently experienced a significant shift in momentum, marking an end to its impressive rally from 1.0761 to a peak of 1.0936. This upward move, which had been the focus of much market attention,...

EURUSD Rally Continues: Eyes Set on 1.0930 and Beyond

by ForexCycle.com | November 5, 2024 12:53 am
The EURUSD pair has maintained its bullish momentum, pushing higher from its recent low of 1.0761 to touch an impressive 1.0914. This continued upward movement has sparked excitement among forex traders, with many now speculating on the...

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...