EURUSD Analysis: Bears Maintain Control as Pair Tests New Lows

by ForexCycle.com | November 26, 2024 4:20 am
The Euro continues to show weakness against the US Dollar, with recent price action suggesting more downside potential. Here’s what traders need to know about the current technical setup. Recent Price Action The EURUSD pair has experienced...

Elliott Wave View Looking Further Downside in EURUSD

by elliottwave-forecast.com | November 19, 2024 8:07 pm
Short Term Elliott Wave View in EURUSD suggests cycle from 9.25.2024 high is in progress as a zigzag. Down from 9.25.2024 high, wave A ended at 1.076 and wave B rally ended at 1.09369. Wave C lower...

EUR/USD Faces Channel Resistance Amid Consolidation

by ForexCycle.com | November 19, 2024 3:27 am
The EUR/USD currency pair is currently encountering a significant resistance level within a falling price channel on the 4-hour chart. As traders observe market movements, it’s essential to note that as long as this channel resistance remains...

EUR/USD Update: Downward Trend Continues

by ForexCycle.com | November 14, 2024 2:45 am
The EUR/USD currency pair has been on a downward trajectory, recently dropping from 1.0936 to a low of 1.0550. This decline has raised some important technical levels to watch. Currently, key resistance is identified at 1.0653. As...

EURUSD Update: Downside Move Extends as Support Breaks

by ForexCycle.com | November 12, 2024 1:40 am
The EURUSD currency pair has recently seen a significant shift, breaking below the crucial support level of 1.0682. This move has extended its decline from a high of 1.0936, with the pair dipping as low as 1.0628....

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...

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...