USDJPY Continues Its Upward March: What’s Next for the Yen?

by ForexCycle.com | October 22, 2024 9:19 am
The USDJPY pair has been displaying a consistent uptrend, as evidenced by its movement within a rising price channel on the 4-hour chart. This pattern suggests that the bullish momentum that began at 141.64 remains intact, offering...

EURUSD Caught in a Sideways Pattern: What’s Next?

by ForexCycle.com | October 22, 2024 8:17 am
The EURUSD pair has entered a consolidation phase, trading sideways within a narrow range between 1.0810 and 1.0871. This sideways movement has caught the attention of forex traders, who are now closely watching for signs of the...

EURUSD: Is the Downtrend Taking a Breather?

by ForexCycle.com | October 21, 2024 2:58 am
The EURUSD pair has continued its downward trajectory, extending its decline from 1.1213 to reach a new low of 1.0810. However, the recent bounce from this level has sparked interest among traders, raising questions about whether this...

EURUSD Extends Losses: Is Parity in Sight?

by ForexCycle.com | October 3, 2024 2:18 am
The EURUSD pair has continued its downward trajectory, breaking below the significant 1.1068 support level and reaching a low of 1.1032. This move indicates that the bearish pressure on the euro against the dollar remains strong. As...

GBPUSD Breaks Channel: What’s Next for the Pair?

by ForexCycle.com | October 1, 2024 1:33 am
The GBPUSD pair has recently made a significant move, breaking below the bottom of the rising price channel on the 4-hour chart. This development suggests that the uptrend from 1.3001 might need a more extended period of...

GBPUSD Rides the Uptrend: Will the Momentum Continue?

by ForexCycle.com | September 30, 2024 1:01 am
The GBPUSD pair continues to show strength, maintaining its position within a rising price channel on the 4-hour chart. This pattern suggests that the uptrend from 1.3001 remains firmly intact, providing a bullish outlook for traders. As...

EURUSD Takes a Breather: What’s Next for the Pair?

by ForexCycle.com | September 26, 2024 1:29 am
The EURUSD pair has experienced a pullback after breaking above the significant 1.1200 resistance level. After reaching a high of 1.1213, the pair retreated to 1.1121, leaving traders wondering about its next move. Despite this setback, the...

EURUSD Breaks Out: Bulls Take Control

by ForexCycle.com | September 25, 2024 8:52 am
The EURUSD pair has finally made its move, breaking above the key 1.1188 resistance level after a period of consolidation. This breakout signals a resumption of the upward trend that began at 1.1001, suggesting that the bulls...

EURUSD Stuck in Range: What’s Next for the Pair?

by ForexCycle.com | September 24, 2024 5:18 am
The EURUSD pair has hit a roadblock, failing to break above the 1.1188 resistance level. As a result, it’s now confined to a trading range between 1.1068 and 1.1188, leaving traders wondering about its next move. Despite...

EURUSD at a Crossroads: Key Levels to Watch

by ForexCycle.com | September 23, 2024 1:25 am
The EURUSD pair has reached a critical juncture, currently testing the 1.1188 resistance level. This price point could prove pivotal for the pair’s near-term direction. A successful breakout above 1.1188 would signal a resumption of the upward...