EURUSD Daily Analysis – February 12, 2020

by ForexCycle.com | February 12, 2020 3:43 am
EURUSD extended its downside movement from 1.1095 to as low as 1.0891. Further decline is still possible after a minor consolidation and next target would be at 1.0850 area. Near term resistance is at 1.0940, a breakout...

EURUSD Daily Analysis – February 11, 2020

by ForexCycle.com | February 11, 2020 3:48 am
EURUSD continued its downside movement from 1.1095 and the fall extended to as low as 1.0907. Further decline is still possible after a minor consolidation and next target would be at 1.0850 area. Near term resistance is...

EURUSD Daily Analysis – February 10, 2020

by ForexCycle.com | February 10, 2020 3:24 am
EURUSD extended its downside movement from 1.1095 to as low as 1.0942. Further decline is still possible after a minor consolidation and next target would be at 1.0900 area. Near term resistance is at 1.0985, a break...

EURUSD Weekly Analysis – February 9, 2020

by ForexCycle.com | February 9, 2020 11:34 am
EURUSD’s fall from 1.1239 extended to as low as 1.0942. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next target would...

EURUSD Daily Analysis – February 7, 2020

by ForexCycle.com | February 7, 2020 4:33 am
EURUSD broke below 1.0992 support and extended its downside movement from 1.1239 to as low as 1.0964. Further decline could be expected in the coming days and next target would be at 1.0900 area. Near term resistance...

EURUSD Daily Analysis – February 6, 2020

by ForexCycle.com | February 6, 2020 4:18 am
EURUSD is facing 1.0992 support, a breakdown below this level could trigger further downside movement towards 1.0950. Near term resistance is at 1.1020, a break of this level could bring the price back towards the top of...

EURUSD Daily Analysis – February 5, 2020

by ForexCycle.com | February 5, 2020 4:22 am
EURUSD stays in falling price channel on the 4-hour chart and remains in the downtrend from 1.1239. As long as the channel resistance holds, the downside movement could be expected to continue and next target would be...

EURUSD Daily Analysis – February 4, 2020

by ForexCycle.com | February 4, 2020 5:07 am
Being contained by the top of the bearish price channel on the 4-hour chart, EURUSD pulled back from 1.1095, suggesting that the pair remains in the downtrend from 1.1239. Further decline would likely be seen in the...

EURUSD Daily Analysis – February 3, 2020

by ForexCycle.com | February 3, 2020 4:16 am
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1172 had completed at 1.0992 already. Further rally is still possible after a minor consolidation and next target would be...

EURUSD Weekly Analysis – February 2, 2020

by ForexCycle.com | February 2, 2020 1:38 pm
EURUSD is facing the resistance of the falling trend line on the daily chart. As long as the trend line resistance holds, the downside movement from 1.1239 could be expected to continue and next target would be...