EURUSD Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:53 pm
EURUSD is now in the uptrend from 1.0926, further rise could be expected in a couple of days and next target would be at 1.1150 area. Near term support is at 1.1050, below this level would suggest...

EURUSD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:07 am
EURUSD is facing the resistance of the falling price channel on the daily chart. As long as the channel resistance holds, the bounce from 1.0925 could be treated as consolidation for the downtrend, further decline to 1.0800...

EURUSD Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:38 am
EURUSD broke above 1.1084 resistance, indicating that the downside movement from 1.1249 had completed at 1.0925 already. Further rally could be expected in the coming days and next target would be at 1.1150 area. Support is at...

EURUSD Daily Analysis – September 12, 2019

by ForexCycle.com | September 12, 2019 3:02 am
EURUSD broke below 1.1015 support, suggesting that the upside movement from 1.0925 had completed at 1.1084 already. Further decline could be expected and next target would be at 109.60 area. Resistance is at 1.1035, only break above...

EURUSD Daily Analysis – September 11, 2019

by ForexCycle.com | September 11, 2019 2:56 am
EURUSD continued its sideways movement in a trading range between 1.1015 and 1.1084. The sideways movement is likely consolidation for the uptrend from 1.0925, as long as 1.1015 support holds, the uptrend could be expected to resume,...

EURUSD Daily Analysis – September 10, 2019

by ForexCycle.com | September 9, 2019 10:47 pm
EURUSD moved sideways in a trading range between 1.1015 and 1.1084. As long as 1.1015 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.0925, further rise to 1.1150...

EURUSD Daily Analysis – September 9, 2019

by ForexCycle.com | September 8, 2019 10:42 pm
EURUSD is facing 1.1016 support, a breakdown below this level could trigger further downside movement to 1.0960 – 1.0990 area. However, as long as 1.1016 support holds, the pullback from 1.1084 could be treated as consolidation for...

EURUSD Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:49 am
EURUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.1412. As long as the channel resistance holds, the bounce from 1.0925 could be treated as consolidation for the downtrend,...

EURUSD Daily Analysis – September 6, 2019

by ForexCycle.com | September 6, 2019 3:14 am
EURUSD extended its upside movement from 1.0925 to as high as 1.1084. As long as 1.1016 support holds, the upside movement could be expected to continue and next target would be at 1.1150 area. On the downside,...

EURUSD Daily Analysis – September 5, 2019

by ForexCycle.com | September 5, 2019 3:55 am
EURUSD broke above the falling trend line on the 4-hour chart, indicating that the downside movement from 1.1164 had completed at 1.0925 already. Further rally could be expected after consolidation and next target would be at 1.1100...