EURUSD Daily Analysis – July 22, 2019

by ForexCycle.com | July 22, 2019 3:00 am
EURUSD is facing 1.1193 support once again. A breakdown below this level could signal resumption of the downtrend from 1.1412, then next target would be at 1.1140 area. Near term resistance is at 1.1230, above this level...

EURUSD Weekly Analysis – July 20, 2019

by ForexCycle.com | July 20, 2019 7:58 am
EURUSD is facing a support at 1.1180, a breakdown below this level could trigger further downside movement towards 1.1106, followed by 1.1000. Near term resistance is at 1.1300, a break of this level could bring the price...

EURUSD Daily Analysis – July 19, 2019

by ForexCycle.com | July 19, 2019 12:51 am
EURUSD failed to break above 1.1285 resistance and stayed in a trading range between 1.1193 and 1.1285. As long as 1.1285 resistance holds, the price action in the range could be treated as consolidation for the downtrend...

EURUSD Daily Analysis – July 18, 2019

by ForexCycle.com | July 18, 2019 3:21 am
EURUSD failed to break below 1.1193 support and rebounded from 1.1199, suggesting that the fall from 1.1285 had completed. Further rally would likely be seen over the next several days and next target would be at 1.1285...

EURUSD Daily Analysis – July 17, 2019

by ForexCycle.com | July 17, 2019 12:15 am
EURUSD extended its downside movement from 1.1285 to as low as 1.1201, facing 1.1193 support, a breakdown below this level could trigger further downside movement to 1.1150 area. Near term resistance is at 1.1230, a break of...

EURUSD Daily Analysis – July 16, 2019

by ForexCycle.com | July 16, 2019 1:52 am
EURUSD failed to break above 1.1285 resistance and stayed in a trading range between 1.1238 and 1.1285. As long as 1.1238 support holds, the price action in the range could be treated as consolidation for the uptrend...

EURUSD Daily Analysis – July 15, 2019

by ForexCycle.com | July 15, 2019 6:44 am
EURUSD is facing 1.1285 resistance, a break of this level could take the price to 1.1350 area. Near term support is at 1.1238, below this level would indicate that the upside movement from 1.1193 had completed at...

EURUSD Weekly Analysis – July 14, 2019

by ForexCycle.com | July 14, 2019 7:43 am
EURUSD broke below the rising trend line on the daily chart and is now in the downtrend from 1.1412. Deeper decline to test 1.1106 support would likely be seen, a breakdown below this level could trigger further...

EURUSD Daily Analysis – July 12, 2019

by ForexCycle.com | July 12, 2019 1:22 am
EURUSD remains in the uptrend from 1.1193, the pullback from 1.1285 is likely corrective consolidation for the uptrend. As long as 1.1225 support holds, the uptrend could be expected to resume and further rise to 1.1350 area...

EURUSD Daily Analysis – July 11, 2019

by ForexCycle.com | July 11, 2019 2:09 am
EURUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.1412 had completed at 1.1193 already. Further rally could be expected after a minor consolidation and next target would be...