EURUSD Analysis – May 11, 2023

by ForexCycle.com | May 11, 2023 10:20 am
EURUSD is currently testing a key support level at 1.0909. This level is crucial for the pair as a breakdown below this level would indicate that the uptrend from the March low of 1.0515 has completed at...

EURUSD Analysis – May 10, 2023

by ForexCycle.com | May 10, 2023 2:14 am
EURUSD has been in a trading range between 1.0909 and 1.1095. The current key level to watch is the 1.0909 support. If the pair breaks below this support level, it could indicate that the upside move from...

EURUSD Analysis – May 9, 2023

by ForexCycle.com | May 9, 2023 12:43 am
EURUSD has been moving sideways in a tight range between 1.0909 and 1.1095, with neither the bulls nor the bears taking control of the pair. The lack of directional bias has kept the pair within the range...

EURUSD Analysis – May 8, 2023

by ForexCycle.com | May 8, 2023 2:24 am
EURUSD has been trading in a sideways range between 1.0909 and 1.1095, indicating a period of consolidation for the uptrend from the March low of 1.0515. The current trading range suggests that the market is undecided on...

EURUSD Analysis – May 7, 2023

by ForexCycle.com | May 7, 2023 9:07 am
EURUSD has been on a steady uptrend since Sep 2022, and it continues to stay above the rising trend line on the weekly chart. A sustained move above this trend line support suggests that the upside momentum...

EURUSD Analysis – May 5, 2023

by ForexCycle.com | May 5, 2023 10:25 am
The EURUSD pair attempted to break above the key resistance level at 1.1095 but failed to do so and has since remained in a sideways movement within a trading range of 1.0909 to 1.1095. It is expected...

EURUSD Analysis – May 4, 2023

by ForexCycle.com | May 4, 2023 1:25 am
The EURUSD pair has been in an uptrend since March 2020, after reaching a low of 1.0515. The pair has been making higher highs and higher lows, indicating that buyers are in control of the market. However,...

EURUSD Analysis – May 3, 2023

by ForexCycle.com | May 3, 2023 1:36 am
EURUSD remains range-bound between 1.0909 and 1.1095 as traders await more directional cues. The pair has been consolidating for some time now, with no clear sign of a breakout in either direction. The market has been caught...

EURUSD Analysis – May 2, 2023

by ForexCycle.com | May 2, 2023 12:08 pm
The EURUSD pair has been under pressure in recent trading sessions, with the pair breaking below the support level of 1.0962. This has triggered a bearish signal, suggesting that the pair could be headed for further declines...

EURUSD Analysis – May 1, 2023

by ForexCycle.com | May 1, 2023 9:09 am
EURUSD has been moving sideways in a range between 1.0909 and 1.1095. This range-bound movement suggests that the market is consolidating. As long as the 1.0909 support level holds, the sideways move could be treated as consolidation...