EURUSD Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:51 am
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1323. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

EURUSD Weekly Analysis – April 28, 2019

by ForexCycle.com | April 28, 2019 1:01 pm
EURUSD broke below 1.1176 support and extended its downside movement from 1.1570 to as low as 1.1110. Further decline is still possible after a minor consolidation and next target would be at 1.1000 area. Near term resistance...

EURUSD Daily Analysis – April 26, 2019

by ForexCycle.com | April 25, 2019 10:21 pm
EURUSD extended its downside movement from 1.1323 to as low as 1.1117. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

EURUSD Daily Analysis – April 25, 2019

by ForexCycle.com | April 25, 2019 2:52 am
EURUSD’s downside movement from 1.1323 extended to as low as 1.1140. Further decline is still possible after a minor consolidation and next target would be at 1.1100 area. Near term resistance is at 1.1180, a break of...

EURUSD Daily Analysis – April 24, 2019

by ForexCycle.com | April 24, 2019 7:02 am
EURUSD extended its downside movement from 1.1323 to as low as 1.1192. As long as the price is in the bearish price channel on the 4-hour chart, the downside movement could be expected to continue and next...

EURUSD Daily Analysis – April 23, 2019

by ForexCycle.com | April 23, 2019 1:43 am
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1323. As long as the channel resistance holds, the bounce from 1.1226 could be treated as consolidation for the downtrend,...

EURUSD Daily Analysis – April 22, 2019

by ForexCycle.com | April 22, 2019 4:25 am
EURUSD is now in the downtrend from 1.1323, the bounce from 1.1226 is likely consolidation for the downtrend. Further decline could be expected and next target would be at 1.1200 area. Resistance is at 1.1260, only a...

EURUSD Weekly Analysis – April 21, 2019

by ForexCycle.com | April 21, 2019 12:26 am
EURUSD moved sideways in a trading range between 1.1176 and 1.1448 for several weeks. As long as 1.1448 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.2555 (Feb...

EURUSD Daily Analysis – April 19, 2019

by ForexCycle.com | April 19, 2019 2:21 am
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.1183 had completed at 1.1323 already. Deeper decline could be expected after a minor consolidation and next target would be...

EURUSD Daily Analysis – April 18, 2019

by ForexCycle.com | April 18, 2019 3:20 am
EURUSD failed to break above 1.1323 resistance, suggesting that lengthier consolidation for the uptrend from 1.1183 is needed. However, as long as the price is above the bullish trend line on the 4-hour chart, the upside movement...