EURUSD Daily Analysis – May 10, 2019

by ForexCycle.com | May 10, 2019 3:39 am
EURUSD broke above 1.1218 resistance and extended its upside movement from 1.1135 to as high as 1.1251. Further rise is still possible and next target would be at 1.1300 area. Near term support is at 1.1200, a...

EURUSD Daily Analysis – May 9, 2019

by ForexCycle.com | May 8, 2019 11:44 pm
EURUSD moved sideways in a trading range between 1.1166 and 1.1218. As long as 1.1166 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.1135, a breakout of 1.1218...

EURUSD : Sell Trade Setup

by elliottwave-forecast.com | May 8, 2019 4:43 pm
EURUSD Technical Analysis May 7/2019 EURUSD : Bearish market patterns can be seen on the EURUSD 15 minute chart. In the chart below blue bearish pattern triggers SELLS at the BC 0.50% Fib. retracement level. The orange...

EURUSD Daily Analysis – May 8, 2019

by ForexCycle.com | May 8, 2019 2:54 am
EURUSD remains in the uptrend from 1.1135, the pullback from 1.1218 is likely consolidation for the uptrend. Another rise could be expected and next target would be at 1.1250 area. Near term support is at 1.1165, a...

EURUSD Daily Analysis – May 7, 2019

by ForexCycle.com | May 7, 2019 4:24 am
EURUSD’s upside movement from 1.1135 extended to as high as 1.1209. Further rise could be expected in the coming days and next target would be at 1.1250 area. Near term support is at 1.1175, a breakdown below...

EURUSD Daily Analysis – May 6, 2019

by ForexCycle.com | May 6, 2019 4:35 am
EURUSD remains in the uptrend from 1.1110, the fall from 1.1264 is likely corrective consolidation for the uptrend. Another rise towards 1.1264 resistance could be expected in the coming days, a break of 1.1200 level could signal...

EURUSD Weekly Analysis – May 4, 2019

by ForexCycle.com | May 4, 2019 1:06 pm
EURUSD stays below a bearish trend line on the daily chart and remains in the downtrend from 1.1570. As long as the price is below the trend line, the downside movement could be expected to continue and...

EURUSD Daily Analysis – May 3, 2019

by ForexCycle.com | May 3, 2019 2:10 am
EURUSD is now in the uptrend from 1.1110, the fall from 1.1262 would possibly be corrective consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.1300 area. Near...

EURUSD Daily Analysis – May 1, 2019

by ForexCycle.com | May 1, 2019 3:34 am
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1323 had completed at 1.1110 already. Further rally could be expected after correction and next target would be at 1.1260...

EURUSD Daily Analysis – April 30, 2019

by ForexCycle.com | April 30, 2019 2:44 am
EURUSD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.1110 could be treated as consolidation for the downtrend from 1.1323, another...