EURUSD Daily Analysis – June 3, 2019

by ForexCycle.com | June 3, 2019 2:08 am
EURUSD failed to break below 1.1106 support and rebounded from 1.1116. Further rally would likely be seen in a couple of days and next target would be at 1.1250 area. Near term support is at 1.1140, a...

EURUSD Weekly Analysis – June 2, 2019

by ForexCycle.com | June 2, 2019 3:41 am
EURUSD continued its sideways movement in a trading range between 1.1110 and 1.1270. The sideways movement is likely consolidation for the downtrend from 1.1570. As long as the price is below the bearish trend line on the...

EURUSD Daily Analysis – May 31, 2019

by ForexCycle.com | May 31, 2019 3:39 am
EURUSD is facing 1.1106 support. A breakdown below this level could take the price to next support level at around 1.1030. Near term resistance is at 1.1155, a break of this level would indicate that corrective consolidation...

EURUSD Daily Analysis – May 30, 2019

by ForexCycle.com | May 30, 2019 2:37 am
EURUSD extended its downside movement from 1.1215 to as low as 1.1124. Further decline to test 1.1106 support is still possible in the coming days, a breakdown below this level could take the price to next support...

EURUSD Daily Analysis – May 29, 2019

by ForexCycle.com | May 29, 2019 4:56 am
EURUSD’s fall from 1.1215 extended to 1.1160 area. The fall is likely corrective consolidation for the uptrend from 1.1106. As long as 1.1160 support holds, the uptrend could be expected to resume and further rise to 1.1260...

EURUSD Daily Analysis – May 28, 2019

by ForexCycle.com | May 28, 2019 3:57 am
EURUSD remains in the uptrend from 1.1106, the pullback from 1.1215 is likely corrective consolidation for the uptrend. Range trading between 1.1160 and 1.1215 would likely be seen in a couple of days. As long as 1.1160...

EURUSD Daily Analysis – May 27, 2019

by ForexCycle.com | May 27, 2019 3:56 am
EURUSD extended its upside movement from 1.1106 to as high as 1.1214. Further rally is still possible after a minor consolidation and next target would be at 1.1260 area. Support is at 1.1165, only a breakdown below...

EURUSD Weekly Analysis – May 26, 2019

by ForexCycle.com | May 26, 2019 6:41 am
EURUSD moved sideways in a trading range between 1.1110 and 1.1270. As long as the price is below the falling trend line on the daily chart, the sideways movement could be treated as consolidation for the downtrend...

EURUSD Daily Analysis – May 24, 2019

by ForexCycle.com | May 24, 2019 4:36 am
EURUSD broke above the bearish price channel on the 4-hour chart, suggesting that the downside movement from 1.1263 had completed at 1.1106 already. Further rally could be expected after a minor consolidation and next target would be...

EURUSD Daily Analysis – May 23, 2019

by ForexCycle.com | May 23, 2019 2:58 am
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1263. As long as the channel resistance holds, the bounce from 1.1142 could be treated as consolidation for the downtrend,...