EUR/USD: Uptrend Strengthens with New Targets in Sight

by ForexCycle.com | August 26, 2024 3:37 am
EUR/USD has broken above the 1.1173 resistance level, extending its upward move from 1.0881 to reach as high as 1.1201. What’s Next? Conclusion EUR/USD is gaining momentum, with potential upside targets at 1.1300 and 1.1450. However, traders...

EUR/USD: Consolidation Phase Begins, but Uptrend Remains Intact

by ForexCycle.com | August 23, 2024 10:24 am
EUR/USD has pulled back from its recent high of 1.1173, breaking below the 1.1100 support level. This suggests that the pair is entering a consolidation phase within its broader uptrend that began at 1.0777. What to Watch...

EUR/USD: Uptrend Continues with Key Levels in Focus

by ForexCycle.com | August 22, 2024 1:11 am
EUR/USD has extended its upward move from 1.0777, reaching as high as 1.1173. What’s Next? Conclusion EUR/USD’s uptrend remains strong, with key levels at 1.1200 and 1.1250 on the upside. Traders should watch for a break below...

USD/CHF: Downtrend Continues with Further Decline Likely

by ForexCycle.com | August 21, 2024 4:41 am
USD/CHF has failed to break above the falling trend line on the 4-hour chart, leading to a sharp drop from 0.8748, extending as low as 0.8520. Current Trend Key Levels to Watch Conclusion USD/CHF continues to trend...

EUR/USD Continues Its Climb: Key Levels to Watch

by ForexCycle.com | August 21, 2024 2:36 am
EUR/USD has extended its upward movement from 1.0777, reaching a high of 1.1132 and breaking through the key resistance at 1.1100. What’s Next? Conclusion EUR/USD is maintaining its strong uptrend, with potential for further gains after a...

EUR/USD Analysis: Breaking Resistance and Key Levels Ahead

by ForexCycle.com | August 20, 2024 3:15 am
The EUR/USD pair has recently broken above the resistance level of 1.1047, extending its upward movement from 1.0777 to a high of 1.1087. This bullish trend indicates a strong momentum in the market. Current Market Dynamics The pair is currently moving...

GBP/USD Analysis: Continuing Upside Momentum

by ForexCycle.com | August 19, 2024 2:05 am
The GBP/USD pair has recently extended its upward movement from 1.2664 to a high of 1.2952, successfully breaking above the 1.2942 resistance level. This bullish trend indicates strong momentum in the market. Current Market Dynamics As long as the price remains above...

AUD/USD Analysis: Uptrend and Key Levels to Watch

by ForexCycle.com | August 15, 2024 3:11 am
The AUD/USD pair is currently moving within a rising price channel on the 4-hour chart, indicating that the uptrend from 0.6349 remains intact. The recent pullback from 0.6642 appears to be a consolidation phase for this upward movement. Current Market Dynamics...