EURUSD Daily Analysis – November 26, 2019

by ForexCycle.com | November 26, 2019 3:56 am
EURUSD is facing 1.0989 support, a breakdown below this level could trigger further downside movement towards 1.0950. Near term resistance is at 1.1040, above this level could bring the price back towards 1.1100.

EURUSD Daily Analysis – November 25, 2019

by ForexCycle.com | November 25, 2019 2:56 am
EURUSD broke below 1.1053 support, suggesting that the downtrend from 1.1179 has resumed. Further decline could be expected in a couple of days and next target would be at 1.0989 support. Near term resistance is at 1.1040,...

EURUSD Daily Analysis – November 22, 2019

by ForexCycle.com | November 22, 2019 3:06 am
EURUSD’s upside movement from 1.0989 extended to as high as 1.1097. As long as 1.1053 support holds, the upside movement could be expected to continue and next target would be at 1.1150 area. Only a breakdown below...

EURUSD Daily Analysis – November 21, 2019

by ForexCycle.com | November 21, 2019 2:04 am
EURUSD moved sideways in a trading range between 1.1053 and 1.1090. As long as 1.1053 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.0989, further rise to 1.1150 area is possible...

EURUSD Daily Analysis – November 20, 2019

by ForexCycle.com | November 20, 2019 2:10 am
EURUSD remains in the uptrend from 1.0989, the pullback from 1.1090 is likely consolidation for the uptrend. As long as 1.1053 support holds, the uptrend could be expected to continue and next target would be at 1.1150...

EURUSD Daily Analysis – November 19, 2019

by ForexCycle.com | November 19, 2019 4:25 am
EURUSD’s upside movement from 1.0989 extended to as high as 1.1090. Further rise is still possible after a minor consolidation and next target would be at 1.1150 area. Near term support is at 1.1050, a breakdown below...

EURUSD Daily Analysis – November 18, 2019

by ForexCycle.com | November 17, 2019 11:41 pm
EURUSD extended its upside movement from 1.0989 to as high as 1.1056. Further rally would likely be seen in a couple of days and next target would be at 1.1100 area. Near term support is at 1.1030,...

EURUSD Weekly Analysis – November 17, 2019

by ForexCycle.com | November 17, 2019 10:48 am
EURUSD’s fall from 1.1179 extended to as low as 1.0989. Deeper decline would likely be seen after a minor consolidation and next target would be at 1.0879 support. Near term resistance is at 1.1100, only break above...

EURUSD Daily Analysis – November 15, 2019

by ForexCycle.com | November 15, 2019 4:20 am
EURUSD broke above the falling price channel on the 4-hour chart, further rally to test 1.1043 resistance would likely be seen, above this level would indicate that the downside movement from 1.1175 had completed at 1.0989 already,...

EURUSD Daily Analysis – November 14, 2019

by ForexCycle.com | November 13, 2019 10:16 pm
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1175. As long as the channel resistance holds, the downtrend could be expected to continue and next target would be...