EURUSD Daily Analysis – December 21, 2018

by ForexCycle.com | December 21, 2018 2:16 am
EURUSD broke above 1.1442 resistance and extended its upside movement from 1.1269 to as high as 1.1485, facing the resistance at 1.1500, above here would aim 1.1550 area. Support is at the bullish trend line on the...

EURUSD Daily Analysis – December 20, 2018

by ForexCycle.com | December 20, 2018 2:54 am
EURUSD failed to break above 1.1442 resistance and pulled back into a trading range between 1.1267 and 1.1442. Another fall towards 1.1267 support would likely be seen in the coming days, below this level would aim 1.1200....

EURUSD Daily Analysis – December 19, 2018

by ForexCycle.com | December 19, 2018 3:11 am
EURUSD’s upside movement from 1.1269 extended to as high as 1.1402. Further rise it still possible and next target would be at 1.1420, followed by 1.1500. Near term support is now at 1.1340, a breakdown below this...

EURUSD Daily Analysis – December 18, 2018

by ForexCycle.com | December 18, 2018 3:31 am
EURUSD broke above 1.1350 resistance, suggesting that the short term downtrend from 1.1442 had completed at 1.1269 already. Further rally would likely be seen in a couple of days and next target would be at 1.1420 area....

EURUSD Daily Analysis – December 17, 2018

by ForexCycle.com | December 17, 2018 3:23 am
EURUSD broke below the bottom support trend line of the triangle pattern on the 4-hour chart. Further decline could be expected in the coming days and next target would be at 1.1200 area. Near term resistance is...

EURUSD Weekly Analysis – December 16, 2018

by ForexCycle.com | December 16, 2018 6:15 am
EURUSD continued its sideways movement in a trading range between 1.1215 and 1.1500. As long as 1.1500 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.1815 and further decline towards 1.1000...

EURUSD Daily Analysis – December 14, 2018

by ForexCycle.com | December 14, 2018 4:39 am
EURUSD is forming a triangle pattern on its 4-hour chart. A break of the upper line of the pattern would take the price to 1.1500 area. On the downside, a breakdown below the bottom trend line could...

EURUSD Daily Analysis – December 13, 2018

by ForexCycle.com | December 13, 2018 1:44 am
EURUSD continued its sideways movement in a triangle pattern on the 4-hour chart. Resistance is at the top trend line of the pattern, breakthrough this trend line could take the price to 1.1500 area. Support is at...

EURUSD Daily Analysis – December 12, 2018

by ForexCycle.com | December 12, 2018 1:57 am
EURUSD is facing the bottom support trend line of the triangle pattern on the 4-hour chart, below this trend line support could trigger further downside movement towards 1.1200. Near term resistance is at 1.1350, a break of...

EURUSD Daily Analysis – December 11, 2018

by ForexCycle.com | December 11, 2018 4:30 am
After touching the top trend line of the triangle pattern on the 4-hour chart, EURUSD pulled back from 1.1442, suggesting that lengthier sideways movement is underway. Deeper decline towards the bottom trend line of pattern would likely...