EURUSD Daily Analysis – July 5, 2023

by ForexCycle.com | July 5, 2023 1:23 pm
EURUSD has encountered significant resistance as it failed to break above a falling trend line on the 4-hour chart. This failure to breach the trend line indicates that the pair remains in a downtrend from the level...

EURUSD Daily Analysis – July 3, 2023

by ForexCycle.com | July 3, 2023 3:25 am
The EURUSD currency pair finds itself at a critical juncture as it encounters the resistance of a descending trend line on the 4-hour chart. Traders are closely watching for a potential breakout that could signal a reversal...

EURUSD Weekly Analysis – July 2, 2023

by ForexCycle.com | July 2, 2023 11:14 am
The EURUSD currency pair has been trading within a defined range between 1.0515 and 1.1095, exhibiting a sideways movement in recent sessions. This range-bound behavior suggests a period of consolidation for the pair’s long-term uptrend, which originated...

EURUSD Daily Analysis – June 30, 2023

by ForexCycle.com | June 30, 2023 10:15 am
The EURUSD pair has recently experienced a breakdown below the critical support level at 1.0844, indicating that the downtrend from 1.1011 remains intact. This development suggests that the bearish momentum could persist, with further declines likely in...

EURUSD Daily Analysis – June 29, 2023

by ForexCycle.com | June 29, 2023 1:42 am
The EURUSD pair has displayed resilience in recent trading sessions, breaking above the key resistance level at 1.0920 and signaling a potential shift in market dynamics. The breakout suggests that the pair is now in an uptrend...

EURUSD Daily Analysis – June 27, 2023

by ForexCycle.com | June 27, 2023 7:03 am
The EURUSD currency pair has recently broken above the key resistance level at 1.0920, indicating a potential shift in the market dynamics. This breakout suggests that the downside movement from 1.1011 has likely completed at the previous...

EURUSD Daily Analysis – June 26, 2023

by ForexCycle.com | June 26, 2023 12:16 am
The EURUSD currency pair has experienced a rebound from 1.0844, suggesting that a period of consolidation for the recent downtrend from 1.1011 is currently underway. Traders should anticipate range trading between 1.0844 and 1.0920 in the coming...

EURUSD Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:06 am
The EURUSD currency pair has been engaged in a prolonged period of sideways movement, oscillating within a trading range between 1.0515 and 1.1095. This consolidation phase has persisted for some time, and traders are closely monitoring the...

EURUSD Daily Analysis – June 23, 2023

by ForexCycle.com | June 23, 2023 10:24 am
The EURUSD currency pair has experienced a significant development as it broke below the rising trend line on the 4-hour chart. This break suggests that the previous upside movement from 1.0635 has likely reached its completion at...

EURUSD Daily Analysis – June 22, 2023

by ForexCycle.com | June 22, 2023 2:17 am
The EURUSD currency pair has demonstrated resilience as it failed to break below the rising trend line on the 4-hour chart and instead rebounded from the 1.0891 level. This rebound has been accompanied by a breakthrough above...