EURUSD Weekly Analysis – June 28, 2020

by ForexCycle.com | June 28, 2020 1:53 am
EURUSD remains in the uptrend from 1.0635, the pullback from 1.1422 is likely corrective consolidation for the uptrend. Another rise to test 1.1496 resistance is possible, a break of this level could take the price to 1.1800...

EURUSD Daily Analysis – June 15, 2020

by ForexCycle.com | June 14, 2020 10:55 pm
EURUSD broke below 1.1240 support, suggesting that the upside movement from 1.0766 had completed at 1.1422 already. Deeper decline would likely be seen and next target would be at 1.1150 area. Near term resistance is at 1.1300,...

EURUSD Daily Analysis – June 12, 2020

by ForexCycle.com | June 12, 2020 1:25 am
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that lengthier consolidation for the uptrend from 1.0766 is underway. Range trading between 1.1240 and 1.1422 would likely be seen in a couple of days....

EURUSD Daily Analysis – June 11, 2020

by ForexCycle.com | June 11, 2020 3:34 am
EURUSD broke above 1.1383 resistance and extended its upside movement from 1.0766 to as high as 1.1422. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...

EURUSD Daily Analysis – June 9, 2020

by ForexCycle.com | June 9, 2020 3:35 am
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that lengthier consolidation for the uptrend from 1.0766 is underway. Range trading between 1.1140 and 1.1383 would likely be seen in the coming days.

EURUSD Daily Analysis – June 8, 2020

by ForexCycle.com | June 8, 2020 2:38 am
EURUSD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1383 could be treated as consolidation for the uptrend from 1.0870, and...

EURUSD Daily Analysis – June 5, 2020

by ForexCycle.com | June 5, 2020 1:25 am
EURUSD’s upside movement from 1.0870 extended to as high as 1.1362. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...

Elliott Wave View: EURUSD in Impulsive Rally

by elliottwave-forecast.com | June 4, 2020 4:35 pm
Short Term Elliott Wave view in EURUSD suggests cycle from 5.14.2020 low is unfolding as a 5 waves Impulse Elliott Wave structure. Up from 5.14.2020 low, wave 1 ended at 1.1 and pullback in wave 2 ended...

EURUSD Daily Analysis – June 4, 2020

by ForexCycle.com | June 4, 2020 1:47 am
EURUSD extended its upside movement from 1.0766 to as high as 1.1257. The upside movement could be expected to continue and next target would be at 1.1300 area. Near term support is at 1.1180, a breakdown below...

EURUSD Daily Analysis – June 2, 2020

by ForexCycle.com | June 2, 2020 2:22 am
EURUSD’s upside movement from 1.0766 extended to as high as 1.1153. Further rise is still possible and next target would be at 1.1200 area. Support is at 1.1080, a breakdown below this level could bring the price...