EURUSD Daily Analysis – August 6, 2020

by ForexCycle.com | August 5, 2020 10:34 pm
EURUSD is facing 1.1908 resistance. A break of this level could signal resumption of the uptrend from 1.1168, then next target would be at 1.2000 area. Key support level is at 1.1695, only a breakdown below this...

Has The Euro Dollar Finally Turned the Corner?

by elliottwave-forecast.com | August 5, 2020 4:24 pm
The Euro Dollar has continued to slide since topping out on July 2008 at 1.6038. However, sentiment on the euro has recently improved after European Union leaders agreed to massive stimulus plan to counter the corona virus....

EURUSD Daily Analysis – August 5, 2020

by ForexCycle.com | August 5, 2020 3:31 am
EURUSD is forming a sideways consolidation in a trading range between 1.1695 and 1.1908. As long as the price is above the rising trend line on the 4-hour chart, the upside movement from 1.1168 could be expected...

EURUSD Daily Analysis – August 4, 2020

by ForexCycle.com | August 3, 2020 9:59 pm
EURUSD is in consolidation for the uptrend from 1.1168. Range trading between 1.1650 and 1.1908 would likely be seen in a couple of days. As long as the price is above the rising trend line on the...

EURUSD Daily Analysis – August 3, 2020

by ForexCycle.com | August 2, 2020 10:28 pm
EURUSD remains in the uptrend from 1.1184, the pullback from 1.1908 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...

EURUSD Weekly Analysis – August 2, 2020

by ForexCycle.com | August 2, 2020 2:00 pm
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.0635. As long as the trend line support holds, the upside movement could be expected to continue and next target...

EURUSD Daily Analysis – July 30, 2020

by ForexCycle.com | July 29, 2020 10:17 pm
EURUSD extended its upside movement from 1.1184 to as high as 1.1806. Further rise is still possible after consolidation and next target would be at 1.1900 area. Near term support is at 1.1695, a breakdown below this...

EURUSD Daily Analysis – July 28, 2020

by ForexCycle.com | July 28, 2020 12:57 am
EURUSD continued its upside movement from 1.1184 and the rise extended to as high as 1.1781. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected...

EURUSD Daily Analysis – July 27, 2020

by ForexCycle.com | July 26, 2020 10:46 pm
EURUSD extended its upside movement from 1.1184 to as high as 1.1657. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...