EURUSD Weekly Analysis – July 26, 2020
EURUSD extended its upside movement from 1.0635 to as high as 1.1657. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next...
Tag: EURUSD
Elliott Wave View: Impulsive Rally in EURUSD
EURUSD 1 hour chart below shows that the pair has ended the cycle from July 1 low in wave ((i)) at 1.1467 high. The dip in wave ((ii)) then ended at 1.1399 low. From there, the pair...
EURUSD Daily Analysis – July 24, 2020
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1184. As long as the trend line support holds, the upside movement could be expected to continue and next target...
EURUSD Daily Analysis – July 23, 2020
EURUSD extended its upside movement from 1.1184 to as high as 1.1601. 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...
EURUSD Daily Analysis – July 22, 2020
EURUSD’s upside movement from 1.1184 extended to as high as 1.1542. Further rise is possible after a minor consolidation and next target would be at 1.1600 area. Support is located at the rising trend line on the...
EURUSD Daily Analysis – July 21, 2020
EURUSD extended its upside movement from 1.1184 to as high as 1.1469. 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...
EURUSD Daily Analysis – July 20, 2020
EURUSD remains in the uptrend from 1.1184, the pullback from 1.1452 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 – July 19, 2020
EURUSD broke above 1.1422 resistance, suggesting that the uptrend from 1.0635 has resumed. Further rise would likely be seen and next target would be at 1.1600 area. Near term support is at 1.1330, a breakdown below this...
EURUSD Daily Analysis – July 17, 2020
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1184. As long as the trend line support holds, the pullback from 1.1452 could be treated as consolidation for the...
EURUSD Daily Analysis – July 16, 2020
EURUSD broke above 1.1422 resistance and extended its upside movement from 1.1184 to as high as 1.1452. Further rise would likely be seen after a minor consolidation and next target would be at 1.1500 area. Near term...