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...

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...

EURUSD Extends Losses: Is Parity in Sight?

by ForexCycle.com | October 3, 2024 2:18 am
The EURUSD pair has continued its downward trajectory, breaking below the significant 1.1068 support level and reaching a low of 1.1032. This move indicates that the bearish pressure on the euro against the dollar remains strong. As...

GBPUSD Breaks Channel: What’s Next for the Pair?

by ForexCycle.com | October 1, 2024 1:33 am
The GBPUSD pair has recently made a significant move, breaking below the bottom of the rising price channel on the 4-hour chart. This development suggests that the uptrend from 1.3001 might need a more extended period of...

GBPUSD Rides the Uptrend: Will the Momentum Continue?

by ForexCycle.com | September 30, 2024 1:01 am
The GBPUSD pair continues to show strength, maintaining its position within a rising price channel on the 4-hour chart. This pattern suggests that the uptrend from 1.3001 remains firmly intact, providing a bullish outlook for traders. As...

EURUSD Takes a Breather: What’s Next for the Pair?

by ForexCycle.com | September 26, 2024 1:29 am
The EURUSD pair has experienced a pullback after breaking above the significant 1.1200 resistance level. After reaching a high of 1.1213, the pair retreated to 1.1121, leaving traders wondering about its next move. Despite this setback, the...