EURUSD Weekly Analysis – December 8, 2019

by ForexCycle.com | December 8, 2019 10:31 am
EURUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.1570 (Jan 10 high). As long as the channel resistance holds, the price action from 1.0879 could be treated as...

EURUSD Daily Analysis – December 6, 2019

by ForexCycle.com | December 6, 2019 3:22 am
EURUSD is facing 1.1116 resistance, a break of this level would indicate that the upside movement from 1.0981 has resumed, then next target would be at 1.1150 area. Key support is at 1.1065, below this level could...

EURUSD Daily Analysis – December 5, 2019

by ForexCycle.com | December 5, 2019 3:18 am
EURUSD extended its upside movement from 1.0981 to as high as 1.1116, breaking above 1.1097 resistance. Near term support is at 1.1065, as long as this level holds, the upside movement could be expected to continue and...

EURUSD Daily Analysis – December 4, 2019

by ForexCycle.com | December 4, 2019 4:52 am
EURUSD is facing 1.1097 resistance, a breakout of this level could trigger further upside movement to 1.1150 area. Near term support is at 1.1060, below this level would indicate that the upside movement from 1.0981 is complete,...

EURUSD Daily Analysis – December 3, 2019

by ForexCycle.com | December 3, 2019 4:26 am
EURUSD’s bounce from 1.0981 extended to as high as 1.1090, facing the resistance level at 1.1097, a breakout of this level could trigger further upside movement towards 1.1150. Near term support is at 1.1040, only break below...

EURUSD Daily Analysis – December 2, 2019

by ForexCycle.com | December 2, 2019 1:30 am
After breaking below 1.0989 support, EURUSD rebounded strongly from 1.0981, suggesting that consolidation for the downtrend from 1.1097 is underway. Range trading between 1.0981 and 1.1040 would likely be seen in a couple of days. As long...

EURUSD Weekly Analysis – December 1, 2019

by ForexCycle.com | December 1, 2019 2:06 pm
EURUSD extended its downside movement from 1.1179 to as low as 1.0981. Further decline would likely be seen in the coming days and next target would be at 1.0879 support. Resistance is now at 1.1097, only break...

EURUSD Daily Analysis – November 29, 2019

by ForexCycle.com | November 29, 2019 3:32 am
EURUSD extended its downside movement from 1.1097 to as low as 1.0992, facing the support level at 1.0989, a breakdown below this level could trigger further downside movement towards 1.0900. Near term resistance is at 1.1030, above...

EURUSD Daily Analysis – November 28, 2019

by ForexCycle.com | November 28, 2019 1:44 am
EURUSD is facing 1.0989 support, a breakdown below this level would indicate that the downtrend from 1.1179 has resumed, then further decline to 1.0900 area could be seen. Near term resistance is at 1.1030, above this level...

EURUSD Daily Analysis – November 27, 2019

by ForexCycle.com | November 27, 2019 3:56 am
EURUSD extended its downside movement from 1.1097 to as low as 1.1003, facing the support level at 1.0989, a breakdown below this level could trigger further downside movement towards 1.0900. Near term resistance is at 1.1040, above...