EURUSD Daily Analysis – September 4, 2019

by ForexCycle.com | September 4, 2019 3:32 am
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1164. As long as the trend line resistance holds, the bounce from 1.0925 could be treated as consolidation for the...

EURUSD Daily Analysis – September 3, 2019

by ForexCycle.com | September 3, 2019 3:06 am
EURUSD extended its downside movement from 1.1164 to as low as 1.0934. Further decline could be expected after a minor consolidation and next target would be at 1.0900 area. Near term resistance is at 1.0985, above this...

EURUSD Daily Analysis – September 2, 2019

by ForexCycle.com | September 2, 2019 1:22 am
EURUSD extended its downside movement from 1.1164 to as low as 1.0963, breaking below 1.1026 support. Further decline is still possible after a minor consolidation and next target would be at 1.0900 area. Near term resistance is...

EURUSD Weekly Analysis – September 1, 2019

by ForexCycle.com | September 1, 2019 12:14 pm
EURUSD broke below 1.1026 support and extended its downside movement from 1.1412 to as low as 1.0963. As long as the price is below the falling trend line on the daily chart, the downside movement could be...

EURUSD Daily Analysis – August 30, 2019

by ForexCycle.com | August 30, 2019 3:28 am
EURUSD broke below 1.1051 support and extended its downside movement from 1.1164 to as low as 1.1042. Deeper decline is still possible and next target would be at 1.1000 area. Resistance is at the falling trend line...

EURUSD Daily Analysis – August 29, 2019

by ForexCycle.com | August 29, 2019 3:38 am
EURUSD extended its downside movement from 1.1164 to as low as 1.1073. As long as 1.1097 resistance holds, the downside movement could be expected to continue and next target would be at 1.1050 support. On the upside,...

EURUSD Daily Analysis – August 28, 2019

by ForexCycle.com | August 28, 2019 3:29 am
EURUSD’s downside movement from 1.1164 to as low as 1.1085. Further decline is still possible over the next several days and next target would be at 1.1050 support. Near term resistance is at 1.1115, above this level...

EURUSD Daily Analysis – August 27, 2019

by ForexCycle.com | August 27, 2019 5:11 am
EURUSD remains in the uptrend from 1.1051, the pullback from 1.1164 is likely corrective consolidation for the uptrend. Another rise could be expected and next target would be at 1.1200 area. Near term support is at 1.1080,...

EURUSD Daily Analysis – August 26, 2019

by ForexCycle.com | August 26, 2019 1:25 am
EURUSD broke above 1.1113 resistance, suggesting that the downside movement from 1.1249 had completed at 1.1051 already. Further rally could be expected and next target would be at 1.1200 area. Near term support is at 1.1110, below...

EURUSD Weekly Analysis – August 25, 2019

by ForexCycle.com | August 25, 2019 10:21 am
EURUSD failed to break below 1.1026 support and stays in a trading range between 1.1026 and 1.1249. As long as 1.1249 resistance holds, the price action in the range could be treated as consolidation for the downtrend...