EUR/USD Analysis: Breaking Through Resistance at 1.0945

by ForexCycle.com | August 14, 2024 12:31 am
The EUR/USD pair has recently broken above the resistance level at 1.0945 and is now approaching the next key resistance at 1.1008. This upward movement signals a potential continuation of the bullish trend that began from the...

EUR/USD Analysis: Key Resistance at 1.0945

by ForexCycle.com | August 13, 2024 2:55 am
The EUR/USD pair is currently encountering a significant resistance level at 1.0945. Understanding how this level plays out could be crucial for traders looking to capitalize on potential price movements. Current Market Outlook Support Levels Summary The...

EUR/USD Analysis: Pullback from 1.1008 Finds Support at 1.0870

by ForexCycle.com | August 12, 2024 1:15 am
The EUR/USD pair has experienced a pullback from the 1.1008 resistance level, extending as low as 1.0881. However, as long as the price remains above the 1.0870 support, this pullback can be treated as a correction within...

EUR/USD Analysis: Key Support and Resistance Levels to Watch

by ForexCycle.com | August 8, 2024 3:24 am
On Wednesday, the EUR/USD pair experienced some movements, finding support above 1.0905 and encountering resistance below 1.0940. This suggests that after a short-term rise, the EUR/USD might continue its downward trend. Key Levels to Watch Potential Scenarios...

EUR/USD Technical Analysis: Short-Term Resistance and Support Levels

by ForexCycle.com | July 31, 2024 10:40 am
On Tuesday, the EUR/USD pair experienced some price movements. Let’s break down the key levels and potential scenarios for traders to watch. Recent Price Action This suggests that after a short-term rise, the EUR/USD could continue its...

EUR/USD Technical Analysis: Downtrend Continues, but Rebound Possible

by ForexCycle.com | July 30, 2024 3:15 am
The EUR/USD pair has recently shown some price action, suggesting a continuation of its downward trend but with potential for a short-term rebound. Let’s break down the key levels and scenarios traders should watch. Recent Developments Short-Term...