EURUSD Stalls at Support: Uptrend Intact or Vulnerable?

by ForexCycle.com | February 29, 2024 2:59 am
EURUSD has displayed mixed signals recently, failing to break below the 1.0789 support level and subsequently moving sideways. This article analyzes the situation and explores the potential scenarios for the pair. Uptrend on Hold? Consolidation or Reversal?...

GBPUSD Grinds Higher: Uptrend Intact or Vulnerable?

by ForexCycle.com | February 27, 2024 3:49 am
GBPUSD remains in an uptrend that began at 1.2535, continuing to trade above the rising trend line on the 4-hour chart. This technical analysis explores the potential scenarios based on the current price action and key support...

EURUSD Tumbles Below Uptrend Line: Reversal or Retest?

by ForexCycle.com | February 26, 2024 2:01 am
EURUSD has taken a sharp turn lower, breaking below the rising trend line that had been guiding its recent ascent on the 4-hour chart. This raises concerns about a potential trend reversal, but it’s crucial to analyze...

EURUSD Rebounds: Trend Reversal or Brief Consolidation?

by ForexCycle.com | February 23, 2024 4:32 am
EURUSD has staged a dramatic turnaround, breaking above the falling trend line on the 4-hour chart. This move raises the question: is the recent downtrend truly over, or are we witnessing a temporary pause? Uptrend Confirmed: Downturn...

EURUSD at Crossroads: Breakout or Retreat in Downtrend?

by ForexCycle.com | February 18, 2024 11:44 pm
EURUSD faces a critical decision point, hovering near the key resistance level of 1.0805. Let’s dissect the technicals to understand whether a breakout or a retreat within the established downtrend is more likely. Upside Potential: Breakout or...

EURUSD Stuck in Downtrend: Will It Break Lower or Consolidate?

by ForexCycle.com | February 15, 2024 1:02 am
EURUSD remains trapped beneath a bearish technical picture, raising concerns about further declines. Let’s analyze the key levels and potential scenarios based on current technicals. Downtrend in Play: Key Support Levels to Watch Hope for Consolidation or...

EURUSD Plunges Below Support: Key Levels to Watch

by ForexCycle.com | February 14, 2024 12:34 am
The EURUSD pair has taken a tumble, breaking below the key support level of 1.0723 and extending its decline from 1.1139 to reach a new low of 1.0700. Let’s break down the technical analysis to understand where...