Forex Cycle Analysis

[sdotwewen]

EURUSD rose sharply last week. The uptrend remains further rise towards 1.2750 is possible after a slightly pullback to 1.2550 area. Key support is at 1.2403 only fall below this level will break the up trend to begin a bearish movement.
http://www.forexcycle.com

[sdotwewen]

EURUSD is topping on 4 hours chart. It will form a sideways consolidation in the next several days the up trend line support will be tested. On the other side the up trend may resume after this consolidation initial resistance is at 1.2688 only rise above this level may turn price back towards 1.2750.
http://www.forexcycle.com

[sdotwewen]

EURUSD is forming a sideways consolidation is topping on 4 hours chart key support is at 1.2553 a break below this level will signal the cycle top. On the other side the up trend may resume after this consolidation initial resistance is at 1.2688 only break above hold this level may turn price back towards 1.2750.
http://www.forexcycle.com

[sdotwewen]

EURUSD is forming a sideways consolidation is topping on 4 hours chart key support is at 1.2553 a break below this level will signal the cycle top. On the other side the up trend may resume after this consolidation initial resistance is at 1.2688 only break above hold this level may turn price back towards 1.2750.
http://www.forexcycle.com

[sdotwewen]

As expected EURUSD is supported by the rising trend line up trend resume again. The 1.2688 resistance is broken above EURUSD will move higher into 1.2750 area. Key support now is at 1.2569 as long as the rising trend line support holds uptrend will continue. On the other side the cycle top is likely coming soon EURUSD may bull back 1.2750 area to retest the key support of 1.2569.
http://www.forexcycle.com

[sdotwewen]

EURUSD has risen above 1.2750 further rise towards 1.2800 is possible if initial support of 1.2674 holds. On the other side the cycle top is likely coming soon EURUSD may pull back 1.2800 area to retest the key support of 1.2569.
http://www.forexcycle.com

[sdotwewen]

EURUSD may be topping on 4 hours chart key support is at 1.2569 a break below this level will signal the cycle top the up trend line support may be broken soon. Only rise above 1.2786 may turn price back towards 1.2820 area.
http://www.forexcycle.com

[sdotwewen]

EURUSD is supported by the up trend line further rise towards 1.2800 area is possible. Key support is now at 1.2661 it may have a pullback 1.2800 area retest the key support the up trend line may be broken soon.
http://www.forexcycle.com