EURUSD Tests Resistance: Uptrend Signal or Correction Within Downtrend?

by ForexCycle.com | May 3, 2024 10:26 am
EURUSD’s price action faces a critical juncture, with a key resistance level potentially dictating the future direction of the currency pair. This analysis examines the technical situation and explores potential scenarios. EURUSD Encounters Resistance: Upside Potential on...

EURUSD Breaks Channel Support: Uptrend Over or Short-Term Correction?

by ForexCycle.com | May 1, 2024 1:26 am
EURUSD’s price action has shifted, raising questions about the future direction of the currency pair. This analysis examines the technical situation and explores potential scenarios. EURUSD Falls Below Channel: Downtrend Resumption or Pullback? Support Levels in Focus:...

EURUSD Climbs Within a Channel: Uptrend or Correction Within Downtrend?

by ForexCycle.com | April 30, 2024 3:10 am
EURUSD has displayed positive momentum, but faces a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Within Rising Channel: Upside Potential Within the Channel: Falling Trend Line...

EURUSD Climbs: Uptrend Resumption or Bullish Correction?

by ForexCycle.com | April 26, 2024 10:38 am
EURUSD has displayed renewed buying pressure, breaking above key resistance. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Stages Rally: Uptrend or Correction? Price Channel in Focus: Downtrend Shadow Looms:...

EURUSD Stages Rebound: Correction or Downtrend Pause?

by ForexCycle.com | April 24, 2024 3:22 am
EURUSD has displayed a promising sign, potentially interrupting its recent decline. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Breaches Resistance: Upside Potential and Targets: Support Levels to Consider: Overall...

EURUSD Stalled: Downtrend Paused or Finding New Lows?

by ForexCycle.com | April 22, 2024 1:08 am
EURUSD has been stuck in a holding pattern, neither gaining nor losing significant ground. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD in a Trading Range: Upside Potential or False...

EURUSD Rebounds: Downtrend Reversal or Correction Within a Downtrend?

by ForexCycle.com | April 18, 2024 3:18 am
EURUSD has displayed a promising sign, potentially interrupting its recent decline. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Breaches Resistance: Is This a Trend Reversal or Correction? Support Levels...

EURUSD Slides Lower: Downtrend Deepening or Temporary Dip?

by ForexCycle.com | April 15, 2024 2:47 am
EURUSD has exhibited renewed weakness, extending its recent decline. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Slides Further: Downside Potential Persists: Signs of a Correction? Initial Resistance to Consider:...

EURUSD Retreats Sharply: Downtrend Reasserting or Bullish Hopes Dashed?

by ForexCycle.com | April 11, 2024 12:26 am
EURUSD has suffered a significant setback after failing to overcome a key hurdle. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Rejected at Resistance: Sharp Decline Breaches Support: Crucial Support...