EURUSD Daily Analysis – September 6, 2018

by ForexCycle.com | September 6, 2018 3:12 am
EURUSD broke above 1.1627 resistance, suggesting that the downside movement from 1.1733 had completed at 1.1529 already. Further rise could be expected and next target would be at 1.1733 resistance. Near term support is at 1.1610, only...

EURUSD Daily Analysis – September 5, 2018

by ForexCycle.com | September 5, 2018 1:14 am
EURUSD is facing 1.1529 support, a breakdown below this level could trigger further downside movement towards 1.1400 area. Resistance is at 1.1627, a breakout of this level would indicate that the downside movement from 1.1733 is complete,...

EURUSD Daily Analysis – September 4, 2018

by ForexCycle.com | September 4, 2018 1:31 am
EURUSD remains in the downtrend from 1.1733. Further decline is still possible after a minor consolidation and next target would be at 1.1540 area. Near term resistance is at 1.1640, only a breakout of this level could...

EURUSD Daily Analysis – September 3, 2018

by ForexCycle.com | September 3, 2018 3:34 am
EURUSD extended its downside movement from 1.1733 to as low as 1.1584. Deeper decline is still possible and next target would be at 1.1540 area. Near term resistance is at 1.1640, only a break of this level...

EURUSD Weekly Analysis – September 2, 2018

by ForexCycle.com | September 2, 2018 2:40 am
EURUSD remains in the downtrend from 1.2555, the price action from 1.1510 is likely consolidation for the downtrend. Key resistance is at located at 1.1851. As long as this level holds, the downtrend could be expected to...

EURJPY Elliott Wave View: Ended 5 Waves Advance

by elliottwave-forecast.com | August 31, 2018 2:48 pm
EURJPY short-term Elliott wave view suggests that the decline to 124.87 low ended intermediate wave (2) pullback of a leading diagonal structure from 5/29/2018 cycle. Above from there, the rally higher is taking place as Elliott wave zigzag structure within intermediate wave (3)...

EURUSD Daily Analysis – August 31, 2018

by ForexCycle.com | August 31, 2018 2:59 am
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.1301 had completed at 1.1733 already. Deeper decline is still possible and next target would be at 1.1550 area. Near...

EURUSD Daily Analysis – August 30, 2018

by ForexCycle.com | August 30, 2018 2:59 am
EURUSD stays in a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1301. As long as the trend line support holds, the fall from 1.1733 could be treated as consolidation of the...

EURUSD Daily Analysis – August 28, 2018

by ForexCycle.com | August 28, 2018 2:12 am
EURUSD extended its upside movement from 1.1301 to as high as 1.1693. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...

EURUSD Daily Analysis – August 27, 2018

by ForexCycle.com | August 27, 2018 1:54 am
EURUSD failed to break below the bullish trend line on the 4-hour chart and extended its upside movement from 1.1301 to as high as 1.1653. As long as the trend line support holds, the upside movement could...