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...

EURUSD Stages Rebound: Uptrend Resumption or Bearish Correction?

by ForexCycle.com | April 9, 2024 2:10 am
EURUSD has displayed a promising sign, overcoming a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Breaches Resistance: Uptrend Resumption or False Dawn? Alternative Scenario: Correction Within...

EURUSD Stages Rebound: Downside Reversal or Short-Lived Rally?

by ForexCycle.com | April 4, 2024 9:37 am
EURUSD has displayed a promising turnaround, bouncing from a recent low and breaching a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Price Recovers from Lows: Further Upside...

EURUSD Slides Lower: Downtrend Deepening or Temporary Dip?

by ForexCycle.com | March 28, 2024 10:25 am
EURUSD has displayed further weakness, breaching a key support level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Downside Move Gains Traction: Looking for Signs of a Reversal: Uptrend Resumption Signal:...

EURUSD Tumbles Below Support: Downside Acceleration or Temporary Dip?

by ForexCycle.com | March 26, 2024 1:22 am
EURUSD has displayed a fresh wave of weakness, breaching a key support level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Sharp Decline Witnessed: Signs of a Potential Rebound: Uptrend Resumption...

EURUSD Stages Rebound: Downside Reversal or Short-Lived Rally?

by ForexCycle.com | March 21, 2024 10:56 am
EURUSD has displayed a promising turnaround, bouncing from a recent low and breaching a key resistance level. This analysis explores the technical situation and examines potential scenarios for the currency pair. Price Recovers from Lows: Bullish Signal...

EURUSD Slides Below Channel Support: Downside or Short-Lived Dip?

by ForexCycle.com | March 19, 2024 12:31 am
EURUSD has experienced a technical setback, breaching the lower boundary of a key indicator on its 4-hour chart. This analysis dives into the technical situation and explores potential scenarios for the currency pair. Uptrend Faces a Hurdle:...

EURUSD Meets Support: Will the Uptrend Hold?

by ForexCycle.com | March 18, 2024 2:01 am
EURUSD has encountered a potential turning point, reaching a critical area on the technical chart. This analysis examines the current situation and explores potential scenarios for the currency pair. Uptrend at a Support Junction: Potential Scenarios: Downside...

EURUSD Tests Channel Support: Bounce or Breakdown?

by ForexCycle.com | March 15, 2024 10:31 am
EURUSD has encountered a hurdle in its uptrend, reaching the lower boundary of a technical indicator. This analysis examines the current situation and explores potential scenarios for the currency pair. Uptrend at a Crossroads: Potential Scenarios: Downside...