EURUSD Daily Analysis – January 4, 2019

by ForexCycle.com | January 4, 2019 2:34 am
EURUSD broke above 1.1400 resistance, suggesting that the short term downtrend from 1.1496 had completed at 1.1303 already. Another rise towards 1.1500 could be expected in the coming days. Support is now at 1.1303, below this level...

EURUSD Daily Analysis – January 3, 2019

by ForexCycle.com | January 3, 2019 3:04 am
EURUSD is now in downtrend from 1.1496, further decline is still possible and next target would be at 1.1200 area. Near term resistance is at 1.1400, only a break of this level could trigger another rise towards...

EURUSD Daily Analysis – December 31, 2018

by ForexCycle.com | December 31, 2018 2:50 am
EURUSD is facing 1.1485 resistance, a breakout of this level could trigger further upside movement to 1.1700 area. Near term support is at 1.1400, below this level could bring the price back to next support level at...

EURUSD Weekly Analysis – December 30, 2018

by ForexCycle.com | December 30, 2018 6:35 am
EURUSD is facing 1.1500 resistance, a breakout of this level could trigger further upside movement to 1.1700 area. On the downside, as long as 1.1500 resistance holds, the sideways movement in the trading range between 1.1215 and...

EURUSD Daily Analysis – December 28, 2018

by ForexCycle.com | December 28, 2018 12:47 am
EURUSD remains in the downtrend from 1.1485, the bounce from 1.1342 is likely correction for the downtrend. Another fall towards 1.1267 support is still possible after the correction. Resistance is at 1.1485, only break above this level...

EURUSD Daily Analysis – December 27, 2018

by ForexCycle.com | December 27, 2018 3:49 am
EURUSD is now in the downtrend from 1.1485, further decline could be expected in the coming days and next target would be at 1.1267 support. Resistance is at 1.1420, only break above this level could trigger another...

EURUSD Daily Analysis – December 24, 2018

by ForexCycle.com | December 24, 2018 3:26 am
EURUSD pulled back from 1.1485 and broke below the bullish trend line on the 4-hour chart, suggesting that the uptrend from 1.1269 had completed. Another fall towards 1.1200 could be expected in the coming days. Resistance is...

EURUSD Weekly Analysis – December 23, 2018

by ForexCycle.com | December 23, 2018 3:41 am
EURUSD failed to break above 1.1500 resistance and stayed in a trading range between 1.1215 and 1.1500. The price action in the range is likely consolidation for the downtrend from 1.1815, a breakdown below 1.1215 support could...

EURUSD Daily Analysis – December 21, 2018

by ForexCycle.com | December 21, 2018 2:16 am
EURUSD broke above 1.1442 resistance and extended its upside movement from 1.1269 to as high as 1.1485, facing the resistance at 1.1500, above here would aim 1.1550 area. Support is at the bullish trend line on the...

EURUSD Daily Analysis – December 20, 2018

by ForexCycle.com | December 20, 2018 2:54 am
EURUSD failed to break above 1.1442 resistance and pulled back into a trading range between 1.1267 and 1.1442. Another fall towards 1.1267 support would likely be seen in the coming days, below this level would aim 1.1200....