EURUSD Daily Analysis – April 16, 2020

by ForexCycle.com | April 16, 2020 1:27 am
EURUSD broke below 1.0892 support, suggesting that the upside movement from 1.0768 had completed at 1.0990 already. Further decline would likely be seen and next target would be at 1.0768 support. Near term resistance is at 1.0950,...

EURUSD Daily Analysis – April 15, 2020

by ForexCycle.com | April 15, 2020 1:54 am
EURUSD extended its upside movement from 1.0768 to as high as 1.0990. Further rise is still possible in a couple of days and next target would be at 1.1050 area. Key support is at 1.0892, only break...

EURUSD Daily Analysis – April 14, 2020

by ForexCycle.com | April 14, 2020 2:36 am
EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.0768. As long as the channel support holds, the pullback from 1.0967 could be treated as consolidation for the uptrend,...

EURUSD Daily Analysis – April 13, 2020

by ForexCycle.com | April 13, 2020 2:39 am
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.0768. As long as the trend line support holds, the upside movement could be expected to continue and next target...

EURUSD Weekly Analysis – April 12, 2020

by ForexCycle.com | April 12, 2020 9:30 am
EURUSD moved sideways in a trading range between 1.0635 and 1.1147. As long as 1.1147 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.1496, and further decline to...

EURUSD Daily Analysis – April 10, 2020

by ForexCycle.com | April 10, 2020 12:25 am
EURUSD broke above 1.0926 resistance and extended its upside movement from 1.0768 to as high as 1.0951. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...

EURUSD Daily Analysis – April 9, 2020

by ForexCycle.com | April 9, 2020 1:58 am
EURUSD is now in the uptrend from 1.0768, the pullback from 1.0926 is likely corrective consolidation for the uptrend. Further rise is possible after the consolidation and next target would be at 1.0950 area. Near term support...

EURUSD Daily Analysis – April 8, 2020

by ForexCycle.com | April 8, 2020 3:19 am
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1147 had completed at 1.0768 already. Further rally would likely be seen and next target would be at 1.0950 area....

EURUSD Daily Analysis – April 7, 2020

by ForexCycle.com | April 7, 2020 2:13 am
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1147. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

EURUSD Daily Analysis – April 6, 2020

by ForexCycle.com | April 6, 2020 12:37 am
EURUSD extended its downside movement from 1.1147 to as low as 1.0772. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...