EURUSD Analysis – January 4, 2024

by ForexCycle.com | January 4, 2024 12:06 pm
The EURUSD currency pair has made a significant breakthrough, surpassing the resistance level at 1.0965. This breakout suggests that the previous downward movement from 1.1139 has concluded at 1.0893. The recent price action indicates a potential upward...

EURUSD Analysis – October 4, 2023

by ForexCycle.com | October 4, 2023 12:14 pm
EUR/USD has continued its downward movement, reaching as low as 1.0447. Currently, the price is within a falling price channel on the 4-hour chart. If we see a bounce from the 1.0447 level, it could be viewed...

EURUSD Found Sellers At The Equal Legs Area

by elliottwave-forecast.com | October 3, 2023 5:12 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the website. As our members know the pair is showing incomplete...

EURUSD Analysis – October 3, 2023

by ForexCycle.com | October 3, 2023 2:45 am
EUR/USD has broken below the 1.0487 support level and continued its downward movement from 1.1275, reaching as low as 1.0463. As long as the price remains within the falling price channel on the 4-hour chart, there is...

EURUSD Analysis – October 2, 2023

by ForexCycle.com | October 2, 2023 2:03 am
EUR/USD has experienced a continued downside movement from 1.1275, reaching as low as 1.0487. As long as the price remains within the falling price channel on the 4-hour chart, any bounce observed from 1.0487 should be considered...

EURUSD Analysis – September 26, 2023

by ForexCycle.com | September 26, 2023 10:36 am
EUR/USD has extended its downward movement from 1.1275 to as low as 1.0569. Based on this price action, there is a possibility of further decline in the pair, with the next target to consider around the 1.0500...

EURUSD Analysis – September 22, 2023

by ForexCycle.com | September 22, 2023 10:18 am
EUR/USD has broken below the support level at 1.0631 and continued its downward movement from 1.1275 to as low as 1.0614. Based on this price action, there is a possibility of a deeper decline towards the bottom...

EURUSD Analysis – September 21, 2023

by ForexCycle.com | September 21, 2023 12:48 am
The EUR/USD currency pair made an unsuccessful attempt to break above the 1.0768 resistance level and is now facing the 1.0631 support level. This suggests that the pair continues to be in a downtrend from the 1.1275...

EURUSD Analysis – September 19, 2023

by ForexCycle.com | September 19, 2023 8:52 am
The EUR/USD currency pair has rebounded from the bottom of the falling price channel on the 4-hour chart, suggesting a potential rally in the coming days. The next target for the pair could be at the 1.0768...

EURUSD Analysis – September 15, 2023

by ForexCycle.com | September 15, 2023 10:12 am
EUR/USD has once again reached the bottom of the falling price channel on the 4-hour chart. This suggests that another bounce could be expected in the coming days, potentially leading to a move towards the next target...