EURUSD Daily Analysis – August 3, 2018

by ForexCycle.com | August 3, 2018 2:18 am
EURUSD broke below the bottom support trend line of the triangle pattern on the 4-hour chart. Further decline would likely be seen in the coming days and next target would be at 1.1500 area. Resistance is at...

EURUSD Daily Analysis – August 2, 2018

by ForexCycle.com | August 2, 2018 3:50 am
EURUSD moved sideways in a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the downtrend from 1.2555 (Feb 16 high), a breakdown below the bottom support trend line of the triangle pattern...

EURUSD Daily Analysis – August 1, 2018

by ForexCycle.com | August 1, 2018 3:55 am
EURUSD continued its sideways movement in a triangle pattern on its 4-hour chart. Resistance is at the top trend line of the pattern, a clear break above could take the price to 1.1900 area, followed by 1.2000....

EURUSD Daily Analysis – July 31, 2018

by ForexCycle.com | July 31, 2018 1:00 am
EURUSD formed a triangle pattern on its 4-hour chart. A clear break above the top trend line of the pattern could take the price to 1.1900 area, followed by 1.2000. Support is at the bottom of the...

EURUSD Daily Analysis – July 30, 2018

by ForexCycle.com | July 30, 2018 1:52 am
EURUSD is in short term downtrend from 1.1750. Further decline would likely be seen and next target would be at 1.1550 area. Resistance is at 1.1690, only a break of this level could trigger another rise towards...

EURUSD Weekly Analysis – July 29, 2018

by ForexCycle.com | July 29, 2018 7:40 am
EURUSD moved sideways in a trading range between 1.1508 and 1.1851 for several weeks. The sideways move is likely consolidation for the downtrend from 1.2555. As long as 1.1851 resistance holds, the downside movement could be expected...

EURUSD Daily Analysis – July 27, 2018

by ForexCycle.com | July 27, 2018 12:31 am
EURUSD failed to break above 1.1750 resistance and pulled back to 1.1638, breaking below 1.1655 support. Further decline to test 1.1575 support would likely be seen in the coming days and a breakdown below this level could...

EURUSD Daily Analysis – July 26, 2018

by ForexCycle.com | July 26, 2018 1:08 am
EURUSD is facing 1.1750 resistance. A break of this level could signal resumption of the uptrend from 1.1575, then further rise towards 1.1850 could be seen. Support is at 1.1655, only a breakdown below this level could...

EURUSD Daily Analysis – July 25, 2018

by ForexCycle.com | July 25, 2018 2:38 am
EURUSD remains in the uptrend from 1.1575. Another rise could be expected after a corrective consolidation and a break of 1.1750 resistance could take the price to 1.1800 area. Support is at 1.1655, only a break below...

EURUSD Daily Analysis – July 24, 2018

by ForexCycle.com | July 24, 2018 2:13 am
EURUSD is now in the uptrend from 1.1575, the pullback from 1.1750 is likely consolidation for the uptrend. Support is at 1.1655, as long as this level holds, the uptrend could be expected to resume, and further...