EURUSD Daily Analysis – January 20, 2020

by ForexCycle.com | January 20, 2020 3:41 am
EURUSD broke below the rising price channel on the 4-hour chart and extended its downside movement from 1.1172 to as low as 1.1086, facing the support level at 1.1085. Further decline would likely be seen and next...

EURUSD Weekly Analysis – January 19, 2020

by ForexCycle.com | January 19, 2020 1:05 pm
EURUSD is facing the key support level at 1.1066, a breakdown below would confirm that the upside movement from 1.0981 had completed at 1.1239 already, then another fall towards 1.0800 could be seen. On the upside, as...

EURUSD Daily Analysis – January 17, 2020

by ForexCycle.com | January 17, 2020 3:27 am
EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.1085. As long as the channel support holds, the pullback from 1.1172 could be treated as consolidation for the uptrend...

EURUSD Daily Analysis – January 16, 2020

by ForexCycle.com | January 16, 2020 2:50 am
EURUSD broke above the top of the price channel on the 4-hour chart, suggesting that the downside movement from 1.1239 had completed at 1.1085 already. Further rally would likely be seen and next target would be at...

EURUSD Daily Analysis – January 15, 2020

by ForexCycle.com | January 15, 2020 3:55 am
EURUSD remains in the downtrend from 1.1239. As long as the price is in the bearish price channel on the 4-hour chart, the bounce from 1.1085 could be treated as consolidation for the downtrend, and further decline...

EURUSD Daily Analysis – January 14, 2020

by ForexCycle.com | January 14, 2020 5:02 am
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1239. As long as the channel resistance holds, the bounce from 1.1085 could be treated as consolidation for the downtrend,...

EURUSD Daily Analysis – January 13, 2020

by ForexCycle.com | January 12, 2020 11:04 pm
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1239. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...

EURUSD Weekly Analysis – January 12, 2020

by ForexCycle.com | January 12, 2020 1:14 pm
EURUSD broke below the rising trend line on the daily chart, facing the key support level at 1.1066. As long as this level holds, the pullback from 1.1239 would possibly be consolidation for the uptrend from 1.0981,...

EURUSD Daily Analysis – January 10, 2020

by ForexCycle.com | January 10, 2020 12:17 am
EURUSD extended its downside movement from 1.1239 to as low as 1.1092. 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 Daily Analysis – January 9, 2020

by ForexCycle.com | January 9, 2020 3:12 am
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.0981 had completed at 1.1239 already. Further decline could be expected and next target would be at 1.1060 area. Near...