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...

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 Looking for Expanded Flat Elliott Wave Correction

by elliottwave-forecast.com | October 3, 2024 5:42 pm
Short Term Elliott Wave View in EURUSD suggests that cycle from 4.16.2024 low is in progress as a 5 waves impulsive Elliott Wave structure. Rally to 1.12 ended wave (3) of the impulse. Pullback in wave (4)...

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...

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...

EURUSD Breaks Out: Bulls Take Control

by ForexCycle.com | September 25, 2024 8:52 am
The EURUSD pair has finally made its move, breaking above the key 1.1188 resistance level after a period of consolidation. This breakout signals a resumption of the upward trend that began at 1.1001, suggesting that the bulls...

EURUSD Stuck in Range: What’s Next for the Pair?

by ForexCycle.com | September 24, 2024 5:18 am
The EURUSD pair has hit a roadblock, failing to break above the 1.1188 resistance level. As a result, it’s now confined to a trading range between 1.1068 and 1.1188, leaving traders wondering about its next move. Despite...

EURUSD at a Crossroads: Key Levels to Watch

by ForexCycle.com | September 23, 2024 1:25 am
The EURUSD pair has reached a critical juncture, currently testing the 1.1188 resistance level. This price point could prove pivotal for the pair’s near-term direction. A successful breakout above 1.1188 would signal a resumption of the upward...