Elliott Wave View: EURUSD in Impulsive Rally

by elliottwave-forecast.com | June 4, 2020 4:35 pm
Short Term Elliott Wave view in EURUSD suggests cycle from 5.14.2020 low is unfolding as a 5 waves Impulse Elliott Wave structure. Up from 5.14.2020 low, wave 1 ended at 1.1 and pullback in wave 2 ended...

EURUSD Daily Analysis – June 4, 2020

by ForexCycle.com | June 4, 2020 1:47 am
EURUSD extended its upside movement from 1.0766 to as high as 1.1257. The upside movement could be expected to continue and next target would be at 1.1300 area. Near term support is at 1.1180, a breakdown below...

EURUSD Daily Analysis – June 2, 2020

by ForexCycle.com | June 2, 2020 2:22 am
EURUSD’s upside movement from 1.0766 extended to as high as 1.1153. Further rise is still possible and next target would be at 1.1200 area. Support is at 1.1080, a breakdown below this level could bring the price...

EURUSD Daily Analysis – June 1, 2020

by ForexCycle.com | June 1, 2020 3:08 am
EURUSD extended its upside movement from 1.0766 to as high as 1.1145. 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 – May 29, 2020

by ForexCycle.com | May 29, 2020 3:39 am
EURUSD’s upside movement from 1.0766 extended to as high as 1.1093. Further rise could be expected after a minor consolidation and next target would be at 1.1150 area. Near term support is at 1.1040, a breakdown below...

EURUSD Daily Analysis – May 28, 2020

by ForexCycle.com | May 28, 2020 2:43 am
EURUSD extended its upside movement from 1.0774 to as high as 1.1035, breaking above 1.1018 resistance. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected...

EURUSD Daily Analysis – May 27, 2020

by ForexCycle.com | May 27, 2020 4:11 am
EURUSD broke above 1.0930 resistance, suggesting that the downside movement from 1.1008 had completed at 1.0870 already. Another rise to test 1.1018 resistance could be expected, a breakout of this level could take the price to 1.1100...

EURUSD Daily Analysis – May 26, 2020

by ForexCycle.com | May 26, 2020 1:49 am
EURUSD extended its downside movement from 1.1008 to as low as 1.0870. Further decline is still possible in a couple of days and next target would be at 1.0800 area. Near term resistance is at 1.0930, a...

EURUSD Daily Analysis – May 25, 2020

by ForexCycle.com | May 25, 2020 4:25 am
EURUSD broke below 1.0918 support, suggesting that the upside movement from 1.0774 had completed at 1.1008 already. Deeper decline could be expected in the coming days and next target would be at 1.0800 area. Resistance is at...

EURUSD Daily Analysis – May 22, 2020

by ForexCycle.com | May 22, 2020 4:16 am
EURUSD failed to break above 1.1018 resistance, and pulled back from 1.1008. Another rise to test 1.1018 resistance is still possible, a breakout of this level could trigger another upside movement towards 1.1100. Support is at 1.0918,...