EURUSD Daily Analysis – August 19, 2019

by ForexCycle.com | August 19, 2019 3:00 am
EURUSD extended its downside movement from 1.1249 to as low as 1.1066. Resistance is at 1.1120, as long as this level holds, the downside movement could be expected to continue and next target would be at 1.1026...

EURUSD Daily Analysis – August 15, 2019

by ForexCycle.com | August 15, 2019 2:46 am
EURUSD broke below 1.1162 support, suggesting that the upside movement from 1.1026 had completed at 1.1249 already. Deeper decline would likely be seen and next target would be at 1.1100 area. Resistance is at 1.1175, above this...

EURUSD Daily Analysis – August 14, 2019

by ForexCycle.com | August 14, 2019 4:13 am
EURUSD is facing 1.1162 support, a breakdown below this level would indicate that the upside movement from 1.1026 had completed at 1.1249 already, then the pair would find next support level at around 1.1100. Resistance is at...

EURUSD Daily Analysis – August 13, 2019

by ForexCycle.com | August 13, 2019 2:25 am
EURUSD rebounded back into the trading range between 1.1167 and 1.1249 after touching 1.1167 support. Another rise to test 1.1249 resistance would likely be seen, a break of this level could signal resumption of the uptrend from...

EURUSD Daily Analysis – August 12, 2019

by ForexCycle.com | August 12, 2019 4:17 am
EURUSD moved sideways in a trading range between 1.1167 and 1.1249. As long as 1.1167 key support holds, the sideways move could be treated as consolidation for the uptrend from 1.1026, further rise to 1.1300 area is...

EURUSD Daily Analysis – August 9, 2019

by ForexCycle.com | August 9, 2019 2:33 am
EURUSD continued its sideways movement in a trading range between 1.1167 and 1.1249. The sideways movement is likely consolidation for the uptrend from 1.1026. As long as 1.1167 support holds, the upside movement could be expected to...

EURUSD Daily Analysis – August 8, 2019

by ForexCycle.com | August 8, 2019 1:40 am
EURUSD moved sideways in a trading range between 1.1167 and 1.1249. As long as 1.1167 support holds, the upside movement could be expected to continue and next target would be at 1.1300 area. On the downside, a...

EURUSD Daily Analysis – August 7, 2019

by ForexCycle.com | August 7, 2019 2:00 am
EURUSD broke below 1.1190 support, suggesting that the upside movement from 1.1026 had completed at 1.1249 already. Further decline would likely be seen, a breakdown below 1.1167 support could take the price to 1.1130, followed by 1.1100....

EURUSD Daily Analysis – August 6, 2019

by ForexCycle.com | August 5, 2019 10:45 pm
EURUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.1285 had completed at 1.1026 already. Further rally could be expected and next target would be at 1.1260 area. Near...

EURUSD Daily Analysis – August 5, 2019

by ForexCycle.com | August 5, 2019 4:31 am
EURUSD is facing the resistance of the price channel on the 4-hour chart. A clear break above the channel resistance would indicate that the downside movement from 1.1285 had completed at 1.1026 already, then the pair would...