EURUSD Daily Analysis – October 1, 2018

by ForexCycle.com | October 1, 2018 3:49 am
EURUSD extended its downside movement from 1.1815 to as low as 1.1569. Further decline is still possible in a couple of days and next target would be at 1.1400 area. Resistance is at 1.1680, as long as...

EURUSD Weekly Analysis – September 30, 2018

by ForexCycle.com | September 30, 2018 2:59 am
EURUSD failed in its attempt to break above 1.1851 resistance and pulled back to 1.1570 area, suggesting that the pair remains in the downtrend from 1.2555 and the price action from 1.1510 could be treated as consolidation...

EURUSD Daily Analysis – September 28, 2018

by ForexCycle.com | September 28, 2018 2:42 am
EURUSD broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the upside movement from 1.1526 had completed at 1.1815 already. Further decline would likely be seen in a couple...

EURUSD Daily Analysis – September 27, 2018

by ForexCycle.com | September 27, 2018 2:55 am
EURUSD is facing the support of the price channel on the 4-hour chart. A clear break below the channel support would suggest that the upside movement from 1.1526 had completed at 1.1815 already, then the pair would...

EURUSD Daily Analysis – September 26, 2018

by ForexCycle.com | September 26, 2018 4:11 am
EURUSD moved sideways in a trading range between 1.1724 and 1.1815. As long as the price is in the bullish price channel on the 4-hour chart, the sideways move could be treated as consolidation for the uptrend...

EURUSD Daily Analysis – September 25, 2018

by ForexCycle.com | September 25, 2018 12:55 am
EURUSD remains in the uptrend from 11.1526, as long as the price is in the bullish price channel on the 4-hour chart, the pullback from 1.1815 could be treated as consolidation for the uptrend. Further rise could...

EURUSD Daily Analysis – September 24, 2018

by ForexCycle.com | September 24, 2018 2:01 am
EURUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.1526. As long as the price is in the channel, the fall from 1.1802 could be treated as consolidation for...

EURUSD Weekly Analysis – September 23, 2018

by ForexCycle.com | September 23, 2018 12:08 am
EURUSD is facing 1.1851 resistance, as long as this level holds, the price action from 1.1510 could be treated as consolidation for the downtrend from 1.2555, and another fall towards 1.1000 is still possible after the consolidation....

EURUSD Daily Analysis – September 21, 2018

by ForexCycle.com | September 21, 2018 1:59 am
EURUSD broke above 1.1733 resistance and extended its upside movement from 1.1526 to as high as 1.1784. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...

EURUSD Daily Analysis – September 20, 2018

by ForexCycle.com | September 20, 2018 3:39 am
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1526. As long as the trend line support holds, the upside movement could be expected to continue and a breakout...