EURUSD Daily Analysis – June 17, 2019

by ForexCycle.com | June 17, 2019 5:25 am
EURUSD extended its downside movement from 1.1347 to as low as 1.1202. Further decline could be expected after a minor consolidation and next target would be at 1.1100 area. Near term resistance is at 1.1230, a break...

EURUSD Weekly Analysis – June 16, 2019

by ForexCycle.com | June 16, 2019 6:07 am
After touching the bearish trend line on the daily chart, EURUSD pulled back from 1.1347, indicating that the pair remains in the downtrend from 1.1570. Further decline could be expected in a couple of weeks and next...

EURUSD Daily Analysis – June 14, 2019

by ForexCycle.com | June 14, 2019 3:30 am
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.1116 had completed at 1.1347 already. Further decline could be expected in the coming days and next target would be...

EURUSD Daily Analysis – June 13, 2019

by ForexCycle.com | June 13, 2019 2:31 am
EURUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1347 could be treated as consolidation for the uptrend from 1.1116, another...

EURUSD Daily Analysis – June 12, 2019

by ForexCycle.com | June 12, 2019 2:49 am
EURUSD remains in the uptrend from 1.1116 the pullback from 1.1347 is likely consolidation for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...

EURUSD Daily Analysis – June 11, 2019

by ForexCycle.com | June 11, 2019 2:43 am
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1116. As long as the trend line support holds, the pullback from 1.1347 could be treated as consolidation for the...

EURUSD Daily Analysis – June 10, 2019

by ForexCycle.com | June 10, 2019 12:58 am
EURUSD extended its upside movement from 1.1116 to as high as 1.1347. As long a the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

EURUSD Weekly Analysis – June 8, 2019

by ForexCycle.com | June 8, 2019 12:13 pm
EURUSD broke above the falling trend line on the daily chart, suggesting that the downside movement from 1.1570 had completed at 1.1106 already. Further rally would likely be seen in a couple of weeks and next target...

EURUSD Daily Analysis – June 6, 2019

by ForexCycle.com | June 6, 2019 1:12 am
EURUSD broke below 1.1225 support, suggesting that the short term uptrend from 1.1116 had completed at 1.1306 already. Further decline could be expected in the coming days and next target would be at 1.1200, followed by 1.1180....

EURUSD Daily Analysis – June 5, 2019

by ForexCycle.com | June 5, 2019 2:54 am
EURUSD broke above 1.1265 resistance and extended its upside movement from 1.1116 to as high as 1.1277. Further rise could be expected after a minor consolidation and next target would be at 1.1300 area. Near term support...