EURUSD Daily Analysis – February 28, 2019

by ForexCycle.com | February 28, 2019 5:05 am
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1234. As long as the trend line support holds, the uptrend could be expected to continue and next target would...

EURUSD Daily Analysis – February 27, 2019

by ForexCycle.com | February 27, 2019 2:14 am
EURUSD broke above 1.1371 resistance, suggesting that the upside movement from 1.1234 has resumed. Further rise could be expected in a couple of days, and next target would be at 1.1450 area. Support is at the rising...

EURUSD Daily Analysis – February 26, 2019

by ForexCycle.com | February 26, 2019 3:21 am
EURUSD is facing 1.1371 resistance, a break of this level could trigger further upside movement towards 1.1450 area. Support is at 1.1316, only a breakdown below this level could bring the price back to 1.1250 area.

EURUSD Daily Analysis – February 25, 2019

by ForexCycle.com | February 25, 2019 3:28 am
EURUSD moved sideways in a narrow range between 1.1316 and 1.1371. As long as 1.1316 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.1234, a break of 1.1371...

EURUSD Weekly Analysis – February 24, 2019

by ForexCycle.com | February 24, 2019 3:10 am
EURUSD failed to break below 1.1215 support, suggesting that lengthier sideways movement in the trading range between 1.1215 and 1.1570 is needed. However, as long as 1.1570 resistance holds, the price action in the trading range could...

EURUSD Daily Analysis – February 22, 2019

by ForexCycle.com | February 22, 2019 1:58 am
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1234. As long as the trend line support holds, the upside movement could be expected to continue and next target...

EURUSD Daily Analysis – February 21, 2019

by ForexCycle.com | February 21, 2019 2:57 am
EURUSD extended its upside movement from 1.1234 to as high as 1.1371. 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 Daily Analysis – February 20, 2019

by ForexCycle.com | February 20, 2019 3:05 am
EURUSD broke above 1.1341 resistance, suggesting that the downside movement from 1.1514 had completed at 1.1234 already. Further rally could be expected in a couple of days and next target would be at 1.1400 area. Support levels...

EURUSD Daily Analysis – February 19, 2019

by ForexCycle.com | February 19, 2019 1:58 am
EURUSD is facing 1.1341 resistance. As long as this level holds, the price action in the trading range between 1.1234 and 1.1341 could be treated as consolidation for the downtrend from 1.1514, another fall towards 1.1100 is...

EURUSD Daily Analysis – February 18, 2019

by ForexCycle.com | February 18, 2019 2:31 am
EURUSD is in consolidation for the downtrend from 1.1514. Range trading between 1.1234 and 1.1341 would likely be seen in a couple of days. As long as 1.1341 resistance holds, the downtrend could be expected to resume...