EURUSD Daily Analysis – January 15, 2019

by ForexCycle.com | January 15, 2019 2:42 am
EURUSD remains in the short term downtrend from 1.1570, the bounce from 1.1450 would possibly be consolidation for the downtrend. Further decline is still possible and next target would be at 1.1400 area. Near term resistance is...

EURUSD Daily Analysis – January 14, 2019

by ForexCycle.com | January 14, 2019 2:38 am
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the short term uptrend from 1.1303 had completed at 1.1570 already. Deeper decline would likely be seen and next target would be at 1.1400...

EURUSD Weekly Analysis – January 13, 2019

by ForexCycle.com | January 13, 2019 8:05 am
EURUSD broke above 1.1500 resistance, suggesting that lengthier consolidation for the downtrend from 1.2555 (Feb 16, 2018 high) is underway. Further rally is still possible in a couple of weeks and the target would be at upper...

EURUSD Daily Analysis – January 11, 2019

by ForexCycle.com | January 11, 2019 3:35 am
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1303. As long as the trend line support holds, the pullback from 1.1570 could be treated as consolidation for the...

EURUSD Daily Analysis – January 10, 2019

by ForexCycle.com | January 10, 2019 2:11 am
EURUSD extended its upside movement from 1.1303 to as high as 1.1561, breaking above 1.1500 resistance. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected...

EURUSD Daily Analysis – January 9, 2019

by ForexCycle.com | January 9, 2019 1:41 am
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1303. As long as the trend line support holds, the upside movement could be expected to continue and next target...

EURUSD Daily Analysis – January 8, 2019

by ForexCycle.com | January 8, 2019 3:48 am
EURUSD is facing 1.1500 resistance, a break of this level could trigger further upside movement towards 1.1600. Near term support is at 1.1425, below this level could bring the price back towards the bullish trend line on...

EURUSD Daily Analysis – January 7, 2019

by ForexCycle.com | January 7, 2019 2:04 am
EURUSD is now in the short term uptrend from 1.1303, further rise towards 1.1500 could be expected in the coming days. Support levels are at 1.1345 and 1.1303, below these levels could trigger further downside movement towards...

EURUSD Forecasting The Decline And Selling The Rallies

by elliottwave-forecast.com | January 6, 2019 5:10 pm
Hello fellow traders.  Another instrument that we have been trading lately is EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the...

EURUSD Weekly Analysis – January 5, 2019

by ForexCycle.com | January 5, 2019 2:09 pm
EURUSD failed to breakout of 1.1500 resistance and stayed in a trading range between 1.1215 and 1.1500. As long as 1.1500 resistance holds, the price action in the trading range could be treated as consolidation for the...