EURUSD Daily Analysis – June 27, 2017

by ForexCycle.com | June 27, 2017 2:04 am
EURUSD continued its sideways movement in a trading range between 1.1109 and 1.1295. The key support is at 1.1109, as long as this level holds, the sideways move could be treated as consolidation of the uptrend from...

USDCAD Daily Analysis – June 26, 2017

by ForexCycle.com | June 26, 2017 1:04 am
USDCAD is in consolidation of the downtrend from 1.3793. Range trading between 1.3164 and 1.3400 would likely be seen over the next several days. Resistance is at 1.3400, as long as the pair is below this level,...

USDJPY Daily Analysis – June 26, 2017

by ForexCycle.com | June 26, 2017 1:04 am
USDJPY continued its sideways movement in a trading range between 110.64 and 111.78. Support level is at 110.64, as long as this level holds, the uptrend from 108.81 could be expected to continue and next target would...

AUDUSD Daily Analysis – June 26, 2017

by ForexCycle.com | June 26, 2017 1:03 am
AUDUSD remains in uptrend from 0.7371, the fall from 0.7635 is likely consolidation of the uptrend. Key support is at 0.7519, as long as this level holds, the uptrend could be expected to resume, and further rise...

GBPUSD Daily Analysis – June 26, 2017

by ForexCycle.com | June 26, 2017 1:03 am
GBPUSD stays in a falling price channel on its 4-hour chart and remains in downtrend from 1.3047. As long as the pair is in the channel, the bounce from 1.2589 could be treated as consolidation of the...

EURUSD Daily Analysis – June 26, 2017

by ForexCycle.com | June 26, 2017 1:01 am
EURUSD failed to break below 1.1109 support and stays in the trading range between 1.1109 and 1.1295. As long as the pair is above 1.1109 support, the price action in the trading range could be treated as...

USDCAD Daily Analysis – June 23, 2017

by ForexCycle.com | June 23, 2017 1:19 am
USDCAD remains in downtrend from 1.3793, the rise from 1.3164 could be treated as consolidation of the downtrend. Resistance is at 1.3400, as long as this level holds, the downtrend could be expected to resume and further...

USDJPY Daily Analysis – June 23, 2017

by ForexCycle.com | June 23, 2017 1:18 am
USDJPY moved sideways in a trading range between 110.64 and 111.78. As long as 110.64 support holds, the fall from 111.78 could be treated as consolidation of the uptrend from 108.81 and further rise to 113.00 area...

AUDUSD Daily Analysis – June 23, 2017

by ForexCycle.com | June 23, 2017 1:17 am
AUDUSD’s fall from 0.7635 extended to as low as 0.7535 and is now facing 0.7519 support. If this level gives way, the pair will find the next support level at around 0.7450. Near term resistance is at...

GBPUSD Daily Analysis – June 23, 2017

by ForexCycle.com | June 23, 2017 1:17 am
GBPUSD remains in downtrend from 1.3047, the rise from 1.2589 is likely consolidation of the downtrend. Near term resistance is at the falling trend line on its 4-hour chart. As long as the pair is below the...