EURUSD Daily Analysis – August 14, 2020

by ForexCycle.com | August 14, 2020 2:22 am
EURUSD is forming a sideways consolidation in a trading range between 1.1695 and 1.1916. As long as 1.1695 support holds, the upside movement from 1.1168 (Jun 19 low) could be expected to resume, and further rise to...

EURUSD Daily Analysis – August 13, 2020

by ForexCycle.com | August 12, 2020 10:37 pm
EURUSD failed to break below 1.1695 support and continued its sideways movement in a trading range between 1.1695 and 1.1916. As long as 1.1695 support holds, the sideways movement could be treated as consolidation for the uptrend...

EURUSD Daily Analysis – August 12, 2020

by ForexCycle.com | August 12, 2020 4:50 am
EURUSD is facing 1.1695 support, a breakdown below this level would indicate that the upside movement from 1.1168 (Jun 19 low) had completed at 1.1916 already, then deeper decline to 1.1450 area could be seen. Near term...

EURUSD Daily Analysis – August 11, 2020

by ForexCycle.com | August 10, 2020 10:25 pm
EURUSD remains in the uptrend from 1.1168 (Jun 19 low), the price action in the trading range between 1.1695 and 1.1916 is likely consolidation for the uptrend. As long as 1.1695 support holds, the upside movement could...

EURUSD Daily Analysis – August 10, 2020

by ForexCycle.com | August 10, 2020 4:58 am
EURUSD remains in the uptrend from 1.1168, the price action from 1.1908 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could...

EURUSD Weekly Analysis – August 9, 2020

by ForexCycle.com | August 9, 2020 8:18 am
EURUSD extended its upside movement from 1.0635 to as high as 1.1916. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next...

EURUSD Daily Analysis – August 6, 2020

by ForexCycle.com | August 5, 2020 10:34 pm
EURUSD is facing 1.1908 resistance. A break of this level could signal resumption of the uptrend from 1.1168, then next target would be at 1.2000 area. Key support level is at 1.1695, only a breakdown below this...

Has The Euro Dollar Finally Turned the Corner?

by elliottwave-forecast.com | August 5, 2020 4:24 pm
The Euro Dollar has continued to slide since topping out on July 2008 at 1.6038. However, sentiment on the euro has recently improved after European Union leaders agreed to massive stimulus plan to counter the corona virus....

EURUSD Daily Analysis – August 5, 2020

by ForexCycle.com | August 5, 2020 3:31 am
EURUSD is forming a sideways consolidation in a trading range between 1.1695 and 1.1908. As long as the price is above the rising trend line on the 4-hour chart, the upside movement from 1.1168 could be expected...