EURUSD Weekly Analysis – December 15, 2019

by ForexCycle.com | December 15, 2019 5:26 am
EURUSD broke above the falling price channel on the daily chart. Further rally is still possible over the next several weeks and next target would be at 1.1350 area. Near term support is at 1.1035, a breakdown...

EURUSD Daily Analysis – December 13, 2019

by ForexCycle.com | December 13, 2019 3:29 am
EURUSD’s upside movement from 1.0981 extended to as high as 1.1199. 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...

EURUSD Daily Analysis – December 12, 2019

by ForexCycle.com | December 11, 2019 11:04 pm
EURUSD extended its upside movement from 1.0981 to as high as 1.1144, breaking above 1.1116 resistance. Further rise could be expected after a minor consolidation and next target would be at 1.1170, followed by 1.1250. Support is...

EURUSD Daily Analysis – December 11, 2019

by ForexCycle.com | December 11, 2019 4:02 am
EURUSD’s bounce from 1.1039 extended to as high as 1.1097. Further rise to test 1.1116 resistance is possible, a break of this level could take the price to 1.1160 area. Support is at 1.1039, below this level...

EURUSD Daily Analysis – December 10, 2019

by ForexCycle.com | December 10, 2019 4:50 am
EURUSD is now in the downtrend from 1.1116, further decline could be expected after a minor consolidation and next target would be at 1.1015 area. Resistance is at 1.1116, only break above this level could trigger another...

EURUSD Daily Analysis – December 9, 2019

by ForexCycle.com | December 9, 2019 12:28 am
EURUSD broke below 1.1065 support, suggesting that the upside movement from 1.0981 had completed at 1.1116 already. Further decline would likely be seen in the coming days and next target would be at 1.1015 area. Resistance is...

EURUSD Weekly Analysis – December 8, 2019

by ForexCycle.com | December 8, 2019 10:31 am
EURUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.1570 (Jan 10 high). As long as the channel resistance holds, the price action from 1.0879 could be treated as...

EURUSD Daily Analysis – December 6, 2019

by ForexCycle.com | December 6, 2019 3:22 am
EURUSD is facing 1.1116 resistance, a break of this level would indicate that the upside movement from 1.0981 has resumed, then next target would be at 1.1150 area. Key support is at 1.1065, below this level could...

EURUSD Daily Analysis – December 5, 2019

by ForexCycle.com | December 5, 2019 3:18 am
EURUSD extended its upside movement from 1.0981 to as high as 1.1116, breaking above 1.1097 resistance. Near term support is at 1.1065, as long as this level holds, the upside movement could be expected to continue and...

EURUSD Daily Analysis – December 4, 2019

by ForexCycle.com | December 4, 2019 4:52 am
EURUSD is facing 1.1097 resistance, a breakout of this level could trigger further upside movement to 1.1150 area. Near term support is at 1.1060, below this level would indicate that the upside movement from 1.0981 is complete,...