USDCAD Daily Analysis – April 28, 2017

by ForexCycle.com | April 28, 2017 3:16 am
USDCAD’s upward movement from 1.3223 extended to as high as 1.3670. Further rise is still possible in a couple of days and next target would be at 1.3800 area. Support is at the bottom of the price...

USDJPY Daily Analysis – April 28, 2017

by ForexCycle.com | April 28, 2017 3:15 am
USDJPY remains in uptrend from 108.13, the fall from 111.77 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the pair is in...

AUDUSD Daily Analysis – April 28, 2017

by ForexCycle.com | April 28, 2017 3:14 am
AUDUSD’s downward movement from 0.7749 extended to as low as 0.7439. Further decline could be expected in a couple of days and next target would be at 0.7400 area. Resistance is at 0.7540, only break above this...

GBPUSD Daily Analysis – April 28, 2017

by ForexCycle.com | April 28, 2017 3:13 am
GBPUSD broke above 1.2904 resistance, indicating that the uptrend from 1.2365 has resumed. Further rise could be expected in a couple of days, and next target would be at 1.3000 area. Key support is located at the...

EURUSD Daily Analysis – April 28, 2017

by ForexCycle.com | April 28, 2017 3:12 am
EURUSD moved sideways in a trading range between 1.0820 and 1.0950. As long as 1.0820 support holds, the sideways move could be treated as consolidation of the uptrend from 1.0569, and another rise to 1.1000 area could...

USDCAD Daily Analysis – April 27, 2017

by ForexCycle.com | April 27, 2017 4:27 am
USDCAD stays in a rising price channel on 4-hour chart and remains in uptrend from 1.3223. As long as the pair is in the channel, the fall from 1.3647 could be treated as consolidation of the uptrend,...

USDJPY Daily Analysis – April 27, 2017

by ForexCycle.com | April 27, 2017 4:26 am
USDJPY continued its upward movement from 108.13 and the rise extended to as high as 111.77. Support is at 110.50, as long as this level holds, the uptrend could be expected to continue and next target would...

AUDUSD Daily Analysis – April 27, 2017

by ForexCycle.com | April 27, 2017 4:24 am
AUDUSD broke out of the triangle pattern and continued its downward movement from 0.7749. Further decline could be expected in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7540, only...

GBPUSD Daily Analysis – April 27, 2017

by ForexCycle.com | April 27, 2017 4:21 am
GBPUSD continued its sideways movement in a trading range between 1.2756 and 1.2904. Support is at 1.2700, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3000...

EURUSD Daily Analysis – April 27, 2017

by ForexCycle.com | April 27, 2017 4:21 am
EURUSD remains in uptrend from 1.0569, the fall from 1.0950 could be treated as consolidation of the uptrend. Support is at 1.0820, as long as this level holds, the uptrend could be expected to continue, and next...