EURUSD Daily Analysis – October 17, 2019

by ForexCycle.com | October 16, 2019 11:08 pm
After consolidation, EURUSD broke above 1.1062 resistance and extended its upside movement from 1.0879 to as high as 1.1085. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement...

EURUSD Daily Analysis – October 16, 2019

by ForexCycle.com | October 16, 2019 3:27 am
EURUSD failed to break below the bottom of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.0879. Further rise could be expected in the coming days and next target...

EURUSD Daily Analysis – October 15, 2019

by ForexCycle.com | October 15, 2019 3:36 am
EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.0879. As long as the price is in the channel, the upside movement could be expected to continue and next...

EURUSD Daily Analysis – October 14, 2019

by ForexCycle.com | October 14, 2019 3:01 am
EURUSD extended its upside movement from 1.0879 to as high as 1.1062. As long as the price is in the rising price channel on the 4-hour chart, the pullback from 1.1062 could be treated as consolidation for...

EURUSD Weekly Analysis – October 13, 2019

by ForexCycle.com | October 13, 2019 3:25 am
EURUSD broke above the bearish price channel on the daily chart. Further rise to test 1.1109 resistance is possible next week, above this level would indicate that the downtrend from 1.1412 had completed at 1.0879 already, then...

EURUSD Daily Analysis – October 11, 2019

by ForexCycle.com | October 11, 2019 3:16 am
EURUSD broke above 1.1000 resistance and extended its upside movement from 1.0879 to as high as 1.1033. Further rise is still possible in the coming days and next target would be at 1.1080 area. Near term support...

EURUSD Daily Analysis – October 10, 2019

by ForexCycle.com | October 10, 2019 1:54 am
EURUSD is facing 1.1000 resistance, a breakout of this level would indicate that the uptrend from 1.0879 has resumed, then next target would be at 1.1060 area. Support is at 1.0941, below this level could trigger another...

EURUSD Daily Analysis – October 9, 2019

by ForexCycle.com | October 9, 2019 3:35 am
EURUSD broke below 1.0957 support, suggesting that the short term uptrend from 1.0879 had completed at 1.1000 already. Further decline could be expected in the coming days and next target would be at 1.0900 area. Resistance is...

EURUSD Daily Analysis – October 8, 2019

by ForexCycle.com | October 8, 2019 2:19 am
EURUSD moved sideways in a trading range between 1.0957 and 1.1000. As long as 1.0957 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.0879, further rise to 1.1050...

EURUSD Daily Analysis – October 7, 2019

by ForexCycle.com | October 7, 2019 2:48 am
EURUSD extended its upside movement from 1.0879 to as high as 1.0999. As long as 1.0940 support holds, the upside movement could be expected to continue and next target would be at 1.1050 area. On the downside,...