EURUSD Daily Analysis – November 1, 2019

by ForexCycle.com | November 1, 2019 4:21 am
EURUSD is facing 1.1179 resistance, a break of this level would indicate that the uptrend from 1.0879 has resumed, then further rise to 1.1250 area could be seen. Near term support is at 1.1130, below this level...

EURUSD Daily Analysis – October 31, 2019

by ForexCycle.com | October 31, 2019 1:43 am
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the short term downtrend from 1.1179 had completed at 1.1073 already. Further rally to test 1.1179 resistance would likely be seen, above this level...

EURUSD Daily Analysis – October 30, 2019

by ForexCycle.com | October 30, 2019 3:24 am
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the uptrend from 1.0879 had completed at 1.1179 already. Further decline would likely be seen in the coming days and next target would be...

EURUSD Daily Analysis – October 29, 2019

by ForexCycle.com | October 29, 2019 12:23 am
EURUSD failed to break below the bullish trend line on the 4-hour chart and rebounded from 1.1073. Further rally to test 1.1125 resistance is possible, a breakout of this level could trigger another rise towards 1.1200. On...

EURUSD Daily Analysis – October 28, 2019

by ForexCycle.com | October 27, 2019 11:12 pm
EURUSD is testing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1179 could be treated as consolidation of the uptrend from 1.0879, a...

EURUSD Weekly Analysis – October 27, 2019

by ForexCycle.com | October 27, 2019 1:45 pm
EURUSD extended its upside movement from 1.0879 to as high as 1.1179. Further rally is still possible next week and the target would be at 1.1250 area. Near term support is at 1.1050, a breakdown below this...

EURUSD Daily Analysis – October 25, 2019

by ForexCycle.com | October 25, 2019 1:34 am
EURUSD’s pullback from 1.1179 extended to as low as 1.1093, facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback could be treated as consolidation...

EURUSD Daily Analysis – October 24, 2019

by ForexCycle.com | October 24, 2019 1:49 am
EURUSD broke below 1.1110 support, suggesting that lengthier consolidation for the uptrend from 1.0879 is underway. Deeper decline would likely be seen and the target would be at the bullish trend line on the 4-hour chart. However,...

EURUSD Daily Analysis – October 23, 2019

by ForexCycle.com | October 22, 2019 11:03 pm
EURUSD is facing 1.1110 support. As long as this level holds, the uptrend from 1.0879 could be expected to continue and next target would be at 1.1250 area. On the downside, a breakdown below 1.1110 support would...

EURUSD Daily Analysis – October 22, 2019

by ForexCycle.com | October 22, 2019 4:08 am
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.0879. As long as the trend line support holds, the upside movement could be expected to continue and next target...