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:...

USDCHF Breaks Higher: Uptrend Resumes or Bullish False Start?

by ForexCycle.com | March 27, 2024 12:54 am
USDCHF has displayed a bullish breakout after a consolidation phase, hinting at a continuation of the uptrend. This analysis examines the technical situation and explores potential scenarios for the currency pair. Uptrend Reignited: Bullish Momentum Building: Support...

USDJPY Retreats Below Trend Line: Uptrend Paused or Shifting Gears?

by ForexCycle.com | March 26, 2024 1:36 am
USDJPY has encountered a technical hurdle, dipping below a key indicator. This analysis examines the technical situation and explores potential scenarios for the currency pair. Bulls Hit a Speed Bump: Support Levels to Watch: Upside Potential Still...

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...

USDCHF Consolidates: Uptrend on Hold or Gathering Momentum?

by ForexCycle.com | March 25, 2024 4:44 am
USDCHF has displayed a recent pause in its upward trajectory, entering a consolidation phase. This analysis examines the technical situation and explores potential scenarios for the currency pair. Uptrend on Pause: Consolidation and Potential Breakout: Downside Risks...

USDJPY Retreats: Uptrend Taking a Breather or Shifting Gears?

by ForexCycle.com | March 21, 2024 11:13 am
USDJPY has encountered a hurdle after a strong surge, dipping from its recent high. This analysis examines the technical situation and explores potential scenarios for the currency pair. Bulls Meet Resistance: Support in Sight: Will the Uptrend...

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...

USDJPY Soars Above Resistance: Bulls in Charge or Short-Lived Rally?

by ForexCycle.com | March 20, 2024 3:28 am
USDJPY has displayed a significant bullish breakout, surpassing a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Bulls Charge Higher: Upside Targets in Sight: Support Levels to Consider:...

AUDUSD Slides: Downtrend Deepening or Rebound on the Horizon?

by ForexCycle.com | March 20, 2024 3:08 am
AUDUSD has continued its recent decline, reaching a new low point. This analysis examines the technical situation and explores potential scenarios for the currency pair. Downward Trend Gains Traction: Looking for Signs of a Reversal: Overall Sentiment:...

GBPUSD Tumbles: Downtrend Deepens or Potential Reversal?

by ForexCycle.com | March 20, 2024 2:47 am
GBPUSD has displayed a concerning downward trend, reaching a new low. This analysis delves into the technical situation and explores potential scenarios for the currency pair. Downside Channel in Control: Signs of a Potential Rebound: Overall Sentiment:...