EURUSD Daily Analysis – May 22, 2019

by ForexCycle.com | May 22, 2019 2:52 am
EURUSD failed to break above the bearish trend line on the 4-hour chart, suggesting that the pair remains in the downtrend from 1.1263. As long as the trend line resistance holds, the downside movement could be expected...

EURUSD Daily Analysis – May 21, 2019

by ForexCycle.com | May 21, 2019 2:02 am
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1263. As long as the price is below the trend line, the bounce from 1.1150 could be treated as consolidation...

EURUSD Daily Analysis – May 20, 2019

by ForexCycle.com | May 20, 2019 1:40 am
EURUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.1263. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

EURUSD Weekly Analysis – May 19, 2019

by ForexCycle.com | May 19, 2019 1:24 pm
EURUSD stays below a bearish trend line on the daily chart and remains in the downtrend from 1.1570. Further decline is still possible and next target would be at 1.1000 area. Near term resistance is at 1.1270,...

EURUSD Daily Analysis – May 17, 2019

by ForexCycle.com | May 17, 2019 12:43 am
EURUSD extended its downside movement from 1.1263 to as low as 1.1166. Deeper decline could be expected in a couple of days and next target would be at 1.1120 area. Resistance is at 1.1225, only break above...

EURUSD Daily Analysis – May 16, 2019

by ForexCycle.com | May 16, 2019 2:48 am
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.1135 had completed at 1.1263 already. Further decline would likely be seen and next target would be at 1.1150 area....

EURUSD Daily Analysis – May 15, 2019

by ForexCycle.com | May 15, 2019 5:16 am
EURUSD is testing that support of the rising trend line on the 4-hour chart. A clear break below the trend line support would indicate that the upside movement from 1.1135 is complete, then the downside movement could...

EURUSD Daily Analysis – May 14, 2019

by ForexCycle.com | May 14, 2019 12:01 am
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1135. As long as the trend line support holds, the uptrend could be expected to continue and next target would...

EURUSD Daily Analysis – May 13, 2019

by ForexCycle.com | May 12, 2019 10:32 pm
EURUSD extended its upside movement from 1.1135 to as high as 1.1253. As long as 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 – May 11, 2019

by ForexCycle.com | May 11, 2019 2:39 pm
EURUSD remains in the downtrend from 1.1570. As long as the price is below the bearish trend line on the daily chart, the bounce from 1.1110 could be treated as consolidation for the downtrend. Further decline could...