EURUSD Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 12:26 am
The EURUSD currency pair has displayed continued strength as it extended its upward move from 1.0635 to reach a high of 1.0970, surpassing the significant resistance level at 1.0900. This breakout suggests that the pair is likely...

EURUSD Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:34 am
The EURUSD currency pair has been trading in a relatively narrow range between 1.0515 and 1.1095, displaying a period of consolidation in recent sessions. This consolidation phase comes after a significant uptrend from the low of 0.9535....

EURUSD Daily Analysis – June 15, 2023

by ForexCycle.com | June 15, 2023 12:46 am
The EURUSD currency pair has shown remarkable strength, extending its upside move from 1.0635 to reach as high as 1.0863, surpassing the significant resistance level at 1.0831. This breakout suggests a continuation of the bullish momentum, with...

EURUSD Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 12:51 am
The EURUSD currency pair has been exhibiting an uptrend since its low at 1.0635, demonstrating a bullish bias in recent trading sessions. Traders are now closely observing the potential for further upside momentum in the pair. Currently,...

EURUSD Daily Analysis – June 13, 2023

by ForexCycle.com | June 13, 2023 7:08 am
The EURUSD currency pair has continued its upward movement, extending from 1.0635 to reach a recent high of 1.0797. This bullish momentum suggests that further upside potential remains in the market, with traders eyeing key resistance levels...

EURUSD Daily Analysis – June 12, 2023

by ForexCycle.com | June 12, 2023 1:26 am
The EURUSD currency pair has recently broken above a key resistance level at 1.0778, indicating a potential completion of the previous downside move from 1.1095, which ended at 1.0635. This breakout suggests a shift in market sentiment...

EURUSD Weekly Analysis – June 10, 2023

by ForexCycle.com | June 10, 2023 1:25 am
The EURUSD currency pair has been trading in a consolidation phase, indicating a pause in the long-term uptrend that originated from 0.9535. The price action from 1.1032 is likely a period of consolidation before the uptrend potentially...

EURUSD Daily Analysis – June 8, 2023

by ForexCycle.com | June 8, 2023 6:50 am
The EURUSD currency pair has continued its sideways movement, trading within a range between the key levels of 1.0635 and 1.0778. The pair’s price action suggests a period of consolidation for the ongoing downtrend. While the price...

EURUSD Daily Analysis – June 7, 2023

by ForexCycle.com | June 7, 2023 1:24 am
The EURUSD currency pair has been trading in a sideways movement, forming a trading range between the levels of 1.0635 and 1.0778. This consolidation phase comes after a previous downtrend in the market. Traders are closely monitoring...

EURUSD Daily Analysis – June 6, 2023

by ForexCycle.com | June 6, 2023 7:32 am
The EURUSD currency pair has been entrenched in a persistent downtrend from its peak at 1.1095. Currently, the pair remains within a falling price channel on the 4-hour chart, suggesting that the bearish momentum is still intact....