EURUSD Daily Analysis – March 27, 2020

by ForexCycle.com | March 27, 2020 2:21 am
EURUSD extended its upside movement from 1.0635 to as high as 1.1058. Further rise is still possible after a minor consolidation and next target would be at 1.1170 area. Near term support is at 1.0900, a breakdown...

EURUSD Daily Analysis – March 26, 2020

by ForexCycle.com | March 26, 2020 5:13 am
EURUSD broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 1.1496 had completed at 1.0635 already. Further rally would likely be seen in a couple of days and next target...

EURUSD Daily Analysis – March 25, 2020

by ForexCycle.com | March 25, 2020 1:06 am
EURUSD is facing the resistance of the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.0635 could be treated as consolidation for the downtrend from 1.1496, another...

EURUSD Daily Analysis – March 24, 2020

by ForexCycle.com | March 24, 2020 2:29 am
EURUSD is facing 1.0831 resistance, a break of this level could trigger further upside movement towards the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.0635 could...

EURUSD Daily Analysis – March 23, 2020

by ForexCycle.com | March 23, 2020 3:32 am
EURUSD’s downside movement from 1.1496 extended to as low as 1.0635. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next target...

EURUSD Weekly Analysis – March 22, 2020

by ForexCycle.com | March 22, 2020 9:49 am
EURUSD extended its downside movement from 1.1496 to as low as 1.0637, breaking below 1.0778 support. Further decline could be expected after a minor consolidation and next target would be at 1.0400 area. Near term resistance is...

EURUSD Daily Analysis – March 20, 2020

by ForexCycle.com | March 20, 2020 4:37 am
EURUSD extended its downside movement from 1.1496 to as low as 1.0652, breaking below 1.0778 support. Further decline is still possible after a minor consolidation and next target would be at 1.0600 area. Near term resistance is...

EURUSD Daily Analysis – March 19, 2020

by ForexCycle.com | March 19, 2020 2:16 am
Being contained by 1.0778 support, EURUSD rebounded from 1.0801. As long as the price is below the bearish trend line on the 4-hour chart, the bounce could be treated as consolidation for the downtrend from 1.1496, another...

EURUSD Daily Analysis – March 18, 2020

by ForexCycle.com | March 18, 2020 4:07 am
EURUSD extended its downside movement from 1.1496 to as low as 1.0955. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

EURUSD Daily Analysis – March 17, 2020

by ForexCycle.com | March 17, 2020 4:09 am
EURUSD broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 1.1496 had completed at 1.1055 already. Further rally would likely be seen in the coming days and a break of...