EURUSD Daily Analysis – April 5, 2019

by ForexCycle.com | April 5, 2019 12:02 am
EURUSD remains in the downtrend from 1.1448, the bounce from 1.1183 is likely consolidation for the downtrend. Key resistance is at 1.1254, as long as this level holds, the downtrend could be expected to resume, further decline...

EURUSD Daily Analysis – April 4, 2019

by ForexCycle.com | April 4, 2019 3:39 am
EURUSD broke above the bearish price channel on the 4-hour chart, suggesting that the downside movement from 1.1448 had completed at 1.1183 already. Further rally could be expected in the coming days and next target would be...

EURUSD Daily Analysis – April 3, 2019

by ForexCycle.com | April 3, 2019 3:32 am
EURUSD extended its downside movement from 1.1448 to as low as 1.1183, facing the support level at 1.1176, a breakdown below this level could trigger further downside movement to 1.1100 area. Key resistance is at 1.1249, only...

EURUSD Daily Analysis – April 2, 2019

by ForexCycle.com | April 2, 2019 1:51 am
EURUSD stays in a bearish price channel on the 4-hour chart and remains in the downtrend from 1.1448. As long as the price is in the channel, the downside movement could be expected to continue and deeper...

EURUSD Daily Analysis – April 1, 2019

by ForexCycle.com | April 1, 2019 2:35 am
EURUSD’s downside movement from 1.1448 extended to as low as 1.1209. 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 target...

EURUSD Weekly Analysis – March 31, 2019

by ForexCycle.com | March 31, 2019 9:28 am
EURUSD is facing 1.1176 support, a breakdown below this level could trigger further downside movement towards 1.1000. Key resistance is now at 1.1448, a breakout of this level would suggest that the long term downside movement from...

EURUSD Daily Analysis – March 29, 2019

by ForexCycle.com | March 29, 2019 3:01 am
EURUSD extended its downside movement from 1.1448 to as low as 1.1213. 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 – March 28, 2019

by ForexCycle.com | March 28, 2019 3:29 am
EURUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.1448. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

EURUSD Daily Analysis – March 27, 2019

by ForexCycle.com | March 27, 2019 2:38 am
EURUSD extended its downside movement from 1.1448 to as low as 1.1257. 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 – March 26, 2019

by ForexCycle.com | March 26, 2019 4:40 am
EURUSD is facing the resistance of the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.1273 could be treated as consolidation for the downtrend from 1.1448, further...