EURUSD Daily Analysis – July 23, 2018

by ForexCycle.com | July 23, 2018 3:07 am
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1790 had completed at 1.1575 already. Further rise is still possible and next target would be at 1.1800 area. Support...

EURUSD Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:30 pm
EURUSD continued its sideways movement in a trading range between 1.1508 and 1.1851. As long as 1.1851 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2555 and a breakdown below 1.1508...

EURUSD Daily Analysis – July 20, 2018

by ForexCycle.com | July 20, 2018 2:30 am
EURUSD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 1.1790. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...

EURUSD Daily Analysis – July 19, 2018

by ForexCycle.com | July 19, 2018 4:51 am
EURUSD broke below 1.1613 support, suggesting that the downtrend from 1.1790 has resumed. Further decline would likely be seen in the coming days and next target would be at 1.1550 area. Resistance is at 1.1690, only break...

EURUSD Daily Analysis – July 18, 2018

by ForexCycle.com | July 18, 2018 2:48 am
EURUSD broke below 1.1670 support, suggesting that the short term uptrend from 1.1613 had completed at 1.1744 already. Further decline to test 1.1613 support could be expected, a breakdown below this level could take the price towards...

EURUSD Daily Analysis – July 17, 2018

by ForexCycle.com | July 17, 2018 2:24 am
EURUSD’s bounce from 1.1613 extended to as high as 1.1725. Further rise to test 1.1790 resistance is possible, and a breakout of this level could trigger further upside movement towards 1.1850. Support levels are at 1.1670 and...

EURUSD Daily Analysis – July 16, 2018

by ForexCycle.com | July 16, 2018 3:01 am
EURUSD extended its downside movement from 1.1790 to as low as 1.1613. Further decline could be expected after a minor consolidation and next target would be at 1.1550 area. Resistance is located at the top trend line...

EURUSD Weekly Analysis – July 15, 2018

by ForexCycle.com | July 15, 2018 9:37 am
EURUSD moved sideways in a trading range between 1.1508 and 1.1851. The sideways movement is likely consolidation for the downtrend from 1.2555. Resistance is at 1.1851, as long as this level holds, the downtrend could be expected...

EURUSD Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:54 am
EURUSD’s downside movement from 1.1790 extended to as low as 1.1649. Further decline is still possible after a minor consolidation and next target would be at 1.1550 area. Resistance is now at 1.1740, only a breakout of...

EURUSD Daily Analysis – July 12, 2018

by ForexCycle.com | July 12, 2018 3:41 am
EURUSD broke below the bullish price channel on the 4-hour chart, suggesting that the upside movement from 1.1527 had completed at 1.1790 already. Deeper decline could be expected in the coming days and next target would be...