EURUSD Daily Analysis – September 27, 2019

by ForexCycle.com | September 27, 2019 4:39 am
EURUSD broke below 1.0925 support. As long as the price is below the falling trend line on the 4-hour chart, the downside movement from 1.1109 could be expected to continue and next target would be at 1.0800...

EURUSD Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:17 am
EURUSD extended its downside movement from 1.1109 to as low as 1.0937, facing 1.0925 support once again, a breakdown below this level would indicate that the longer term downtrend from 1.1412 (Jun 25 high) has resumed, then...

EURUSD Daily Analysis – September 25, 2019

by ForexCycle.com | September 25, 2019 3:42 am
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1109. As long as the trend line resistance holds, further decline could be expected and next target would be at...

EURUSD Daily Analysis – September 24, 2019

by ForexCycle.com | September 24, 2019 5:17 am
EURUSD broke below 1.0990 support and extended its downside movement from 1.1109 to as low as 1.0966. Further decline is still possible and next target would be at 1.0940 area. Near term resistance is at 1.1025, above...

EURUSD Daily Analysis – September 23, 2019

by ForexCycle.com | September 22, 2019 9:58 pm
EURUSD is facing 1.0990 support, a breakdown below this level could trigger another fall to test 1.0925 support. However, as long as 1.0990 support holds, the price action from 1.1109 could be treated as consolidation for the...

EURUSD Weekly Analysis – September 22, 2019

by ForexCycle.com | September 22, 2019 10:12 am
EURUSD failed to break above the resistance of the falling price channel on the daily chart, suggesting that the pair remains in the downtrend from 1.1412. As long as the channel resistance holds, the downside movement could...

EURUSD Daily Analysis – September 20, 2019

by ForexCycle.com | September 20, 2019 1:00 am
EURUSD stayed in a trading range between 1.0990 and 1.1109 for several days. As long as 1.0990 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.0926, further rise...

EURUSD Daily Analysis – September 19, 2019

by ForexCycle.com | September 19, 2019 2:18 am
EURUSD moved sideways in a trading range between 1.0990 and 1.1109. The price action in the range is likely consolidation for the uptrend from 1.0926, further rise to 1.1200 is possible after the consolidation. Support is at...

EURUSD Daily Analysis – September 18, 2019

by ForexCycle.com | September 18, 2019 1:44 am
EURUSD rebounded from 1.0990. Further rise to test 1.1109 resistance would likely be seen, a break of this level would indicate that the uptrend from 1.0926 has resumed, then next target would be at 1.1200 area. Near...

EURUSD Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:43 am
EURUSD remains in the uptrend from 1.0926, the pullback from 1.1109 is likely corrective consolidation for the uptrend. As long as 1.0925 support holds, the uptrend could be expected to resume, further rise towards 1.1200 is still...