EURUSD Daily Analysis – January 30, 2020

by ForexCycle.com | January 30, 2020 4:06 am
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1172. As long as the trend line resistance holds, the bounce from 1.0992 could be treated as consolidation for the...

EURUSD Daily Analysis – January 29, 2020

by ForexCycle.com | January 29, 2020 3:08 am
EURUSD extended its downside movement from 1.1172 to as low as 1.0997. As long as the price is below the falling trend line on the 4-hour chart, the bounce from 1.0997 could be treated as consolidation for...

EURUSD Daily Analysis – January 28, 2020

by ForexCycle.com | January 28, 2020 3:29 am
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1172. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

EURUSD Daily Analysis – January 27, 2020

by ForexCycle.com | January 27, 2020 4:36 am
EURUSD extended its downside movement from 1.1172 to as low as 1.1019. 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...

EURUSD Weekly Analysis – January 26, 2020

by ForexCycle.com | January 26, 2020 2:36 am
EURUSD broke below the rising trend line on the daily and is now in the downtrend from 1.1239. Further decline would likely be seen and next target would be at 1.0900 area. Resistance is located at the...

EURUSD Daily Analysis – January 23, 2020

by ForexCycle.com | January 23, 2020 3:36 am
EURUSD extended its downside movement from 1.1172 to as low as 1.1070. Further decline could be expected after consolidation and next target would be at 1.1040 area. Resistance is at 1.1118, a breakout of this level could...

EURUSD Found Intraday Sellers Against The 1.1172 High

by elliottwave-forecast.com | January 22, 2020 4:10 pm
Hello fellow traders. Another instrument that we have been trading lately is EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the...

Elliott Wave View: EURUSD Can See Further Weakness

by elliottwave-forecast.com | January 22, 2020 4:08 pm
EURUSD short term Elliott Wave view suggests the decline from 1.6.2020 high is unfolding as a double three Elliott Wave structure. Down from January 6 high, wave ((w)) ended at 1.1132 and bounce in wave ((x)) ended...

EURUSD Daily Analysis – January 22, 2020

by ForexCycle.com | January 22, 2020 4:08 am
EURUSD remains in the downtrend from 1.1172, further decline would likely be seen and a breakdown below 1.1076 support could take the price to 1.1040 area. Near term resistance is at 1.1118, a break of this level...

EURUSD Daily Analysis – January 21, 2020

by ForexCycle.com | January 21, 2020 3:25 am
EURUSD extended its downside movement from 1.1172 to as low as 1.1076, breaking below 1.1085 support. Further decline could be expected and next target would be at 1.1040 area. Near term resistance is at 1.1105, above this...