USDCHF Stages Rally: Uptrend Back on Track or Short-Lived Surge?

by ForexCycle.com | March 19, 2024 1:24 am
USDCHF has displayed a recent surge in momentum, challenging a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Upward Move Tests Resistance: Breakout or Bounce? Support to Watch:...

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:...

AUDUSD Tumbles Below Support: Uptrend Over or Temporary Dip?

by ForexCycle.com | March 18, 2024 2:55 am
AUDUSD has displayed a fresh wave of decline, breaking below a key support level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Downside Move Gains Momentum: Further Decline Expected: Signs of...

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...

USDCHF Soars: Downtrend Defeated or Bullish Illusion?

by ForexCycle.com | March 15, 2024 11:03 am
USDCHF has displayed a remarkable surge, decisively breaking above key resistance levels. This analysis examines the technical situation and explores potential scenarios for the currency pair. Bulls Charge Higher: Upside Targets in Sight: Support to Monitor: Overall...

USDJPY Stages Reversal: Bulls Back in Control?

by ForexCycle.com | March 15, 2024 10:51 am
USDJPY has displayed a significant shift in momentum, breaking above a key resistance level. This analysis explores the technical situation and potential scenarios for the currency pair. Upside Breakout or False Signal? Bullish Momentum Building: Support Levels...

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...

USDCAD Slides Lower: Will the Downtrend Persist?

by ForexCycle.com | March 14, 2024 1:51 am
USDCAD has extended its decline, breaking through a key support level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Downside Move Resumes: Potential Downside Targets: Signs of a Potential Rebound: Key...

USDCHF Bounces Back: Downtrend Reversal or False Hope?

by ForexCycle.com | March 14, 2024 1:29 am
USDCHF has displayed a recent surge, breaking above a key technical level. This analysis dives into the technical situation and explores potential scenarios for the currency pair. Upward Breakout or False Dawn? Two Potential Scenarios: Levels to...

EURUSD Uptrend Continues: Breakout or Consolidation?

by ForexCycle.com | March 14, 2024 1:00 am
EURUSD has experienced a pullback after reaching new highs, but the technical outlook remains positive. This analysis examines the recent price action and explores potential scenarios for the currency pair. Uptrend Supported by Channel: Key Levels to...