EURUSD Daily Analysis – March 2, 2020

by ForexCycle.com | March 2, 2020 1:37 am
EURUSD’s upside movement from 1.0778 to as high as 1.1073. Further rise is still possible in a couple of days and next target would be at 1.1100 area. Key support is at 1.0950, a breakdown below this...

EURUSD Weekly Analysis – March 1, 2020

by ForexCycle.com | March 1, 2020 10:53 am
EURUSD broke above the falling price channel on the daily chart, suggesting that the downside movement from 1.1239 had completed at 1.0778 already. Further rally would likely be seen and next target would be at 1.1150, followed...

EURUSD Daily Analysis – February 28, 2020

by ForexCycle.com | February 28, 2020 1:38 am
EURUSD extended its upside movement from 1.0778 to as high as 1.1006. Further rise is still possible after a minor consolidation and next target would be at 1.1050 area. Near term support is at 1.0950, a break...

EURUSD Daily Analysis – February 27, 2020

by ForexCycle.com | February 27, 2020 1:40 am
EURUSD broke above the resistance of the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.1239 (Dec 31, 2019 high) had completed at 1.0778 already. Further rally would likely be seen and...

EURUSD Daily Analysis – February 26, 2020

by ForexCycle.com | February 26, 2020 2:52 am
EURUSD is facing the resistance of the falling price channel on the 4-hour chart. A breakout of the channel resistance would indicate that the downside movement from 1.1239 (Dec 31, 2019 high) had completed at 1.0778 already,...

EURUSD Daily Analysis – February 25, 2020

by ForexCycle.com | February 25, 2020 3:17 am
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1239 (Dec 31, 2019 high). As long as the channel resistance holds, the bounce from 1.0778 could be treated as...

EURUSD Daily Analysis – February 24, 2020

by ForexCycle.com | February 24, 2020 3:08 am
EURUSD broke above 1.0821 resistance, suggesting that the downside movement from 1.1095 had completed at 1.0778 already. Range trading between 1.0778 and 1.0900 would likely be seen over the next several days. Support is at 1.0778, only...

EURUSD Weekly Analysis – February 23, 2020

by ForexCycle.com | February 23, 2020 10:50 am
EURUSD stays in a bearish price channel on the daily chart and remains in the downtrend from 1.1239. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

EURUSD Daily Analysis – February 21, 2020

by ForexCycle.com | February 21, 2020 4:24 am
EURUSD moved sideways in a trading range between 1.0778 and 1.0821. As long as 1.0821 resistance holds, the downside movement from 1.1095 could be expected to continue and next target would be at 1.0700 area. On the...

EURUSD Daily Analysis – February 20, 2020

by ForexCycle.com | February 20, 2020 1:58 am
EURUSD extended its downside movement from 1.1095 to as low as 1.0782. As long as 1.0861 resistance holds, the downside movement could be expected to continue and next target would be at 1.0700 area, only break above...