EURUSD Daily Analysis – October 15, 2018

by ForexCycle.com | October 15, 2018 2:43 am
EURUSD broke above 1.1550 resistance, suggesting that corrective consolidation for the downtrend from 1.1815 is underway. Further rally is still possible and next target would be at 1.1650 area. Near term support is at 1.1500, a breakdown...

EURUSD Weekly Analysis – October 14, 2018

by ForexCycle.com | October 14, 2018 2:52 am
EURUSD continued its sideways movement in a trading range between 1.1301 and 1.1851. The sideways movement is likely consolidation for the downtrend from 1.2555. As long as 1.1851 key resistance holds, the downside movement could be expected...

EURUSD Daily Analysis – October 11, 2018

by ForexCycle.com | October 11, 2018 2:10 am
EURUSD is facing 1.1550 resistance, a breakout of this level would indicate that the downside movement from 1.1815 had completed at 1.1432 already, then the pair would find resistance at around 1.1600. However, as long as 1.1550...

EURUSD Daily Analysis – October 10, 2018

by ForexCycle.com | October 10, 2018 2:47 am
EURUSD broke above the bearish price channel on the 4-hour chart. Further rally to test 1.1550 resistance is possible, a breakout of this level would indicate that the downside movement from 1.1815 had completed at 1.1432 already,...

EURUSD Daily Analysis – October 9, 2018

by ForexCycle.com | October 9, 2018 2:52 am
EURUSD extended its downside movement from 1.1815 to as low as 1.1460. As long as the price is in the bearish price channel on the 4-hour chart, the downside movement could be expected to continue and next...

EURUSD Daily Analysis – October 8, 2018

by ForexCycle.com | October 8, 2018 1:00 am
EURUSD stays in a bearish price channel on the 4-hour chart and remains in the downtrend from 1.1815. As long as the price is in the channel, the bounce from 1.1463 could be treated as consolidation of...

EURUSD Weekly Analysis – October 7, 2018

by ForexCycle.com | October 7, 2018 7:39 am
EURUSD moved sideways in a trading range between 1.1301 and 1.1851 for several months. As long as 1.1851 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2555 and further decline towards...

EURUSD Daily Analysis – October 4, 2018

by ForexCycle.com | October 4, 2018 2:00 am
EURUSD continued its downside movement from 1.1815 and the fall extended to as low as 1.1464. Further decline could be expected and next target would be at 1.1400 area. Key resistance is at 1.1593, only a break...

EURUSD Daily Analysis – October 3, 2018

by ForexCycle.com | October 3, 2018 4:41 am
EURUSD extended its downside movement from 1.1815 to as low as 1.1505, breaking below 1.1526 support. Further decline is still possible and next target would be at 1.1450 area. Resistance is at 1.1630, a breakout of this...

EURUSD Daily Analysis – October 2, 2018

by ForexCycle.com | October 2, 2018 2:03 am
EURUSD’s downside movement from 1.1815 extended to as low as 1.1563. Further decline is still possible after a minor consolidation and next target would be at 1.1400 area. Near term resistance is at 1.1640, only a break...