EURUSD Stalemate: Uptrend on Hold or Poised for Breakout?

by ForexCycle.com | March 6, 2024 2:35 am
EURUSD has been stuck in a sideways range between 1.0789 and 1.0887 for several days, leaving traders uncertain about the pair’s next move. This analysis explores the technical outlook and potential scenarios for EURUSD. Uptrend in Limbo:...

EURUSD Stalemate: Uptrend on Hold or Finding Footing?

by ForexCycle.com | March 4, 2024 2:23 am
EURUSD has been stuck in a sideways range between 1.0789 and 1.0887, leaving traders uncertain about the pair’s next move. This analysis delves into the technical picture to understand the potential scenarios for EURUSD. Uptrend in Limbo:...

EURUSD: Testing Support – Uptrend at Risk or Finding Footing?

by ForexCycle.com | March 1, 2024 10:33 am
EURUSD is facing a critical juncture as it approaches the 1.0789 support level once again. This level has acted as a support zone in the past, and its potential breach or hold will have significant implications for...

EURUSD Stalls at Support: Uptrend Intact or Vulnerable?

by ForexCycle.com | February 29, 2024 2:59 am
EURUSD has displayed mixed signals recently, failing to break below the 1.0789 support level and subsequently moving sideways. This article analyzes the situation and explores the potential scenarios for the pair. Uptrend on Hold? Consolidation or Reversal?...

GBPUSD Grinds Higher: Uptrend Intact or Vulnerable?

by ForexCycle.com | February 27, 2024 3:49 am
GBPUSD remains in an uptrend that began at 1.2535, continuing to trade above the rising trend line on the 4-hour chart. This technical analysis explores the potential scenarios based on the current price action and key support...

EURUSD Tumbles Below Uptrend Line: Reversal or Retest?

by ForexCycle.com | February 26, 2024 2:01 am
EURUSD has taken a sharp turn lower, breaking below the rising trend line that had been guiding its recent ascent on the 4-hour chart. This raises concerns about a potential trend reversal, but it’s crucial to analyze...

EURUSD Rebounds: Trend Reversal or Brief Consolidation?

by ForexCycle.com | February 23, 2024 4:32 am
EURUSD has staged a dramatic turnaround, breaking above the falling trend line on the 4-hour chart. This move raises the question: is the recent downtrend truly over, or are we witnessing a temporary pause? Uptrend Confirmed: Downturn...

EURUSD at Crossroads: Breakout or Retreat in Downtrend?

by ForexCycle.com | February 18, 2024 11:44 pm
EURUSD faces a critical decision point, hovering near the key resistance level of 1.0805. Let’s dissect the technicals to understand whether a breakout or a retreat within the established downtrend is more likely. Upside Potential: Breakout or...