EURUSD Daily Analysis – February 20, 2019

by ForexCycle.com | February 20, 2019 3:05 am
EURUSD broke above 1.1341 resistance, suggesting that the downside movement from 1.1514 had completed at 1.1234 already. Further rally could be expected in a couple of days and next target would be at 1.1400 area. Support levels...

EURUSD Daily Analysis – February 19, 2019

by ForexCycle.com | February 19, 2019 1:58 am
EURUSD is facing 1.1341 resistance. As long as this level holds, the price action in the trading range between 1.1234 and 1.1341 could be treated as consolidation for the downtrend from 1.1514, another fall towards 1.1100 is...

EURUSD Daily Analysis – February 18, 2019

by ForexCycle.com | February 18, 2019 2:31 am
EURUSD is in consolidation for the downtrend from 1.1514. Range trading between 1.1234 and 1.1341 would likely be seen in a couple of days. As long as 1.1341 resistance holds, the downtrend could be expected to resume...

EURUSD Weekly Analysis – February 16, 2019

by ForexCycle.com | February 16, 2019 8:06 am
EURUSD is facing 1.1215 support, a breakdown below this level will indicate that the downside movement from 1.2555 (Feb 16, 2018 high) has resumed, then further decline towards 1.1000 area could be seen. Near term resistance is...

EURUSD Daily Analysis – February 15, 2019

by ForexCycle.com | February 15, 2019 1:04 am
EURUSD moved sideways in a trading range between 1.1249 and 1.1341. As long as 1.1341 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.1514, further decline to 1.1200 area is still...

EURUSD Daily Analysis – February 14, 2019

by ForexCycle.com | February 14, 2019 4:07 am
EURUSD remains in the downtrend from 1.1514, the price action from 1.1257 is likely consolidation for the downtrend. Key resistance is at 1.1341, as long as this level holds, the downside movement could be expected to continue...

EURUSD Daily Analysis – February 13, 2019

by ForexCycle.com | February 13, 2019 3:51 am
EURUSD rebounded strongly from 1.1257, suggesting that the downside movement from 1.1514 had completed. Further rally is still possible and next target would be at 1.1360, followed by 1.1400. Near term support is at 1.1300, below this...

EURUSD Daily Analysis – February 12, 2019

by ForexCycle.com | February 12, 2019 12:49 am
EURUSD broke below 1.1289 support and extended its downside movement from 1.1514 to as low as 1.1267. Further decline is still possible after a minor consolidation and next target would be at 1.1200 area. Near term resistance...

EURUSD: The first long-term goal of increasing is 1.1415

by Dmitriy Zeland | February 11, 2019 8:34 am
Total cash investments among the major participants in the CME Group of derivatives trading for the euro increased by less than 1%. At the same time, the total capitalization of investments in dollars amounted to $ 160...

EURUSD Daily Analysis – February 11, 2019

by ForexCycle.com | February 11, 2019 2:34 am
EURUSD’s downside movement from 1.1514 extended to as low as 1.1314. Further decline is still possible after a minor consolidation and next target would be at 1.1250 area. Near term resistance is at 1.1350, a break of...