EURUSD Daily Analysis – June 29, 2018

by ForexCycle.com | June 29, 2018 2:10 am
EURUSD is facing 1.1508 support, a breakdown below this level would indicate that the downside movement from 1.1851 has resumed, then next target would be at 1.1400 area. Resistance is at 1.1620, only a breakout of this...

EURUSD Daily Analysis – June 28, 2018

by ForexCycle.com | June 28, 2018 3:00 am
EURUSD dropped sharply from 1.1720 to as low as 1.1540. Deeper decline to test 1.1508 support would likely be seen and a breakdown below this level could take the price to 1.1400 area. Resistance is at 1.1650,...

EURUSD Daily Analysis – June 27, 2018

by ForexCycle.com | June 27, 2018 2:14 am
EURUSD remains in the short term uptrend from 1.1508, the fall from 1.1720 is likely consolidation for the uptrend. As long as 1.1620 support holds, the upside movement could be expected to continue and next target would...

EURUSD Daily Analysis – June 26, 2018

by ForexCycle.com | June 26, 2018 3:02 am
EURUSD extended its upside movement from 1.1508 to as high as 1.1717. Further rise is still possible and next target would be at 1.1800 area. Support is at 1.1620, only a breakdown below this level could bring...

EURUSD Daily Analysis – June 25, 2018

by ForexCycle.com | June 25, 2018 3:21 am
EURUSD broke above 1.1644 resistance, suggesting that the downside movement from 1.1851 had completed at 1.1508 already. Further rally could be expected in the coming days and next target would be at 1.1750 area. Support is at...

EURUSD Weekly Analysis – June 24, 2018

by ForexCycle.com | June 24, 2018 6:46 am
EURUSD moved sideways in a trading range between 1.1508 and 1.1851. As long as 1.1851 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.2555 and further decline to...

EURUSD Daily Analysis – June 22, 2018

by ForexCycle.com | June 22, 2018 3:35 am
EURUSD moved sideways in a trading range between 1.1508 and 1.1644. As long as 1.1644 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.1851, and further decline towards 1.1300 area is...

EURUSD Daily Analysis – June 21, 2018

by ForexCycle.com | June 21, 2018 3:08 am
EURUSD moved sideways above 1.1510 support. The sideways movement is likely consolidation for the downtrend from 1.1851. A breakdown below this support level could trigger further downside movement towards 1.3000. Resistance is at 1.1670, only a breakout...

EURUSD: Why the “Next Day or Two” are Critical

by ForexCycle.com | June 20, 2018 5:20 am
By Elliott Wave International Every week, our Currency Pro Service editor, Jim Martens, records a new video focusing on EURUSD, USDJPY and other markets. Learn why “the next day or two” should determine the next move in...

EURUSD Daily Analysis – June 20, 2018

by ForexCycle.com | June 20, 2018 3:15 am
EURUSD extended its downside movement from 1.1851 to as low as 1.1530. Another fall to test 1.1510 support is possible after a minor consolidation and a breakdown below this level could trigger further downside movement to 1.3000...