EURUSD Takes a Breather: What’s Next for the Pair?

by ForexCycle.com | September 26, 2024 1:29 am
The EURUSD pair has experienced a pullback after breaking above the significant 1.1200 resistance level. After reaching a high of 1.1213, the pair retreated to 1.1121, leaving traders wondering about its next move. Despite this setback, the...

EURUSD Breaks Out: Bulls Take Control

by ForexCycle.com | September 25, 2024 8:52 am
The EURUSD pair has finally made its move, breaking above the key 1.1188 resistance level after a period of consolidation. This breakout signals a resumption of the upward trend that began at 1.1001, suggesting that the bulls...

EURUSD Stuck in Range: What’s Next for the Pair?

by ForexCycle.com | September 24, 2024 5:18 am
The EURUSD pair has hit a roadblock, failing to break above the 1.1188 resistance level. As a result, it’s now confined to a trading range between 1.1068 and 1.1188, leaving traders wondering about its next move. Despite...

EURUSD at a Crossroads: Key Levels to Watch

by ForexCycle.com | September 23, 2024 1:25 am
The EURUSD pair has reached a critical juncture, currently testing the 1.1188 resistance level. This price point could prove pivotal for the pair’s near-term direction. A successful breakout above 1.1188 would signal a resumption of the upward...

EURUSD Faces Resistance: What’s Next for the Pair?

by ForexCycle.com | September 19, 2024 3:16 am
The EURUSD pair has encountered a roadblock, failing to breach the 1.1201 resistance level and subsequently retreating from 1.1188 to 1.1068. This recent pullback is likely a correction within the broader uptrend that began at 1.1001. Despite...

EURUSD Shows Signs of Uptrend After Breaking Resistance

by ForexCycle.com | September 18, 2024 1:01 am
The EURUSD pair has made a significant move, bouncing from 1.1001 to reach 1.1146. This surge has broken through the resistance of the falling price channel on the 4-hour chart, suggesting that the previous downward movement from...

EUR/USD Update: Breakout Above Resistance but in Longer-Term Downtrend

by ForexCycle.com | September 16, 2024 1:56 am
The EUR/USD pair has successfully broken above the 1.1050 resistance, indicating that the downside move from 1.1154 may have completed at 1.1001. Despite this positive movement, the pair remains within a falling price channel on the 4-hour...

EUR/USD Breaks Key Support: Further Decline Expected

by ForexCycle.com | September 11, 2024 12:45 am
EUR/USD has broken below the crucial 1.1026 support level, signaling a potential continuation of its downward trend. What to Expect Next: Conclusion With EUR/USD breaking below key support at 1.1026, the downtrend is expected to continue unless...

EUR/USD at Key Support: Will the Downtrend Continue?

by ForexCycle.com | September 10, 2024 12:19 am
EUR/USD is currently testing the key support level at 1.1026, a critical point for the pair’s next move. Potential Scenarios Conclusion EUR/USD is at a pivotal moment, with support at 1.1026 in focus. A break below this...

EUR/USD Pulls Back After Upside Move: What’s Next?

by ForexCycle.com | September 9, 2024 2:09 am
EUR/USD extended its rally from 1.1026 to a recent high of 1.1154. However, the subsequent pullback from 1.1154 suggests that the upward move may have completed. What’s Next? Conclusion EUR/USD has pulled back after its recent upside...