EURUSD at a Crossroads: Key Levels to Watch

by ForexCycle.com | September 23, 2024 1:25 am
The EURUSD pair has reached a critical juncture, currently testing the 1.1188 resistance level. This price point could prove pivotal for the pair’s near-term direction. A successful breakout above 1.1188 would signal a resumption of the upward...

EURUSD Faces Resistance: What’s Next for the Pair?

by ForexCycle.com | September 19, 2024 3:16 am
The EURUSD pair has encountered a roadblock, failing to breach the 1.1201 resistance level and subsequently retreating from 1.1188 to 1.1068. This recent pullback is likely a correction within the broader uptrend that began at 1.1001. Despite...

EURUSD Shows Signs of Uptrend After Breaking Resistance

by ForexCycle.com | September 18, 2024 1:01 am
The EURUSD pair has made a significant move, bouncing from 1.1001 to reach 1.1146. This surge has broken through the resistance of the falling price channel on the 4-hour chart, suggesting that the previous downward movement from...

EUR/USD Update: Breakout Above Resistance but in Longer-Term Downtrend

by ForexCycle.com | September 16, 2024 1:56 am
The EUR/USD pair has successfully broken above the 1.1050 resistance, indicating that the downside move from 1.1154 may have completed at 1.1001. Despite this positive movement, the pair remains within a falling price channel on the 4-hour...

EUR/USD Breaks Key Support: Further Decline Expected

by ForexCycle.com | September 11, 2024 12:45 am
EUR/USD has broken below the crucial 1.1026 support level, signaling a potential continuation of its downward trend. What to Expect Next: Conclusion With EUR/USD breaking below key support at 1.1026, the downtrend is expected to continue unless...

EUR/USD at Key Support: Will the Downtrend Continue?

by ForexCycle.com | September 10, 2024 12:19 am
EUR/USD is currently testing the key support level at 1.1026, a critical point for the pair’s next move. Potential Scenarios Conclusion EUR/USD is at a pivotal moment, with support at 1.1026 in focus. A break below this...

EUR/USD Pulls Back After Upside Move: What’s Next?

by ForexCycle.com | September 9, 2024 2:09 am
EUR/USD extended its rally from 1.1026 to a recent high of 1.1154. However, the subsequent pullback from 1.1154 suggests that the upward move may have completed. What’s Next? Conclusion EUR/USD has pulled back after its recent upside...

EUR/USD Tests Key Resistance: What’s Next?

by ForexCycle.com | September 5, 2024 1:32 am
EUR/USD is currently testing the key resistance level at 1.1100, a pivotal point for its next move. Potential Scenarios: Conclusion: EUR/USD is at a critical juncture. A break below 1.1065 could lead to further declines, while a...

EUR/USD: Downtrend Extends with Key Resistance in Focus

by ForexCycle.com | September 2, 2024 4:51 am
EUR/USD has continued its downward move, dropping from 1.1201 to a low of 1.1041. Key Levels to Watch Conclusion EUR/USD is in a downtrend, with the key resistance at 1.1100 determining the next move. A break below...

EUR/USD: Continued Downside with Key Support Levels in Focus

by ForexCycle.com | August 30, 2024 10:06 am
EUR/USD has extended its decline from 1.1201, dropping to a low of 1.1055. What’s Next? Conclusion EUR/USD remains under pressure with further downside possible if it breaks below key support at 1.1055. Traders should watch for potential...