EURUSD Daily Analysis – June 19, 2018

by ForexCycle.com | June 19, 2018 2:17 am
Being contained by 1.1510 support, EURUSD rebounded from 1.1543. However, the bounce is likely consolidation for the downtrend from 1.1851, another fall to test 1.1510 support is possible after the consolidation and a breakdown below this level...

EURUSD Daily Analysis – June 18, 2018

by ForexCycle.com | June 18, 2018 2:58 am
EURUSD extended its downside movement from 1.1851 to as low as 1.1543. Further decline to test 1.1510 support is possible after a minor consolidation and a breakdown below this level could take the price to 1.3000 area....

EURUSD Weekly Analysis – June 17, 2018

by ForexCycle.com | June 17, 2018 4:18 am
EURUSD is facing 1.1510 support. A breakdown below this level will indicate that the downside movement from 1.2555 has resumed, then the following downside movement could take the price to 1.1000 area. Resistance levels are at 1.1700...

EURUSD Daily Analysis – June 15, 2018

by ForexCycle.com | June 15, 2018 1:08 am
EURUSD broke below 1.1726 key support and dropped sharply from 1.1851 to as low as 1.1559, suggesting that the upside movement from 1.1510 had completed at 1.1851 already. Deeper decline to test 1.1510 support would likely be...

EURUSD Daily Analysis – June 14, 2018

by ForexCycle.com | June 14, 2018 3:18 am
EURUSD moved sideways in a trading range between 1.1726 and 1.1840 after breaking below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.1510....

EURUSD Daily Analysis – June 13, 2018

by ForexCycle.com | June 13, 2018 1:44 am
EURUSD broke below the bottom support trend line of the price channel on its 4-hour chart, suggesting that the upside movement from 1.1510 had completed at 1.1840 already. Further decline would likely be seen and next target...

EURUSD Daily Analysis – June 12, 2018

by ForexCycle.com | June 12, 2018 2:49 am
EURUSD is facing the support of the price channel on the 4-hour chart. As long as the channel support holds, the price action from 1.1840 could be treated as consolidation for the uptrend from 1.1510 and one...

EURUSD Daily Analysis – June 11, 2018

by ForexCycle.com | June 11, 2018 3:49 am
EURUSD remains in the uptrend from 1.1510. As long as the price is in the rising price channel on the 4-hour chart, the pullback from 1.1840 could be treated as consolidation for the uptrend and another rise...

EURUSD Daily Analysis – June 8, 2018

by ForexCycle.com | June 8, 2018 3:43 am
EURUSD stays above a rising trend line on its 4-hour chart and remains in the uptrend from 1.1510. As long as the trend line support holds, the upside movement could be expected to continue and next target...

EURUSD Daily Analysis – June 7, 2018

by ForexCycle.com | June 7, 2018 3:49 am
EURUSD extended its upside movement from 1.1510 to as high as 1.1799. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...