USDCAD Daily Analysis – February 15, 2018

by ForexCycle.com | February 15, 2018 2:18 am
USDCAD broke below 1.2489 support, suggesting that the upside movement from 1.2247 had completed at 1.2688 already. Further decline would likely be seen in a couple of days and next target would be at 1.2400 area. Resistance...

USDJPY Daily Analysis – February 15, 2018

by ForexCycle.com | February 15, 2018 2:18 am
USDJPY’s downside movement from 110.48 extended to as low as 106.42, breaking below 107.31 (Sep 8, 2017 low) support. Further decline would likely be seen after a minor consolidation and next target would be at 105.00 area....

AUDUSD Daily Analysis – February 15, 2018

by ForexCycle.com | February 15, 2018 2:17 am
AUDUSD broke above 0.7910 resistance. Further rally would likely be seen and next target would be at 0.8000 area. Near term support is at 0.7860, only a breakdown below this level could bring price back to test...

GBPUSD Daily Analysis – February 15, 2018

by ForexCycle.com | February 15, 2018 2:16 am
GBPUSD is facing 1.4066 resistance. A breakout of this level would suggest that the downside movement from 1.4345 had completed at 1.3764 already, then further rise towards 1.4345 resistance could be seen. On the downside, as long...

EURUSD Daily Analysis – February 15, 2018

by ForexCycle.com | February 15, 2018 2:16 am
EURUSD’s upside movement from 1.2205 extended to as high as 1.2473. Further rise to test 1.2537 resistance would likely be seen after a minor consolidation. Near term support is at 1.2400, only a breakdown below this level...

USDCAD Daily Analysis – February 14, 2018

by ForexCycle.com | February 14, 2018 1:51 am
No changed in our view, USDCAD remains in the uptrend from 1.2247, the fall from 1.2688 would possibly be consolidation for the uptrend. As long as 1.2489 support holds, the uptrend could be expected to resume and...

USDJPY Daily Analysis – February 14, 2018

by ForexCycle.com | February 14, 2018 1:51 am
USDJPY extended its downside movement from 110.48 to as low as 107.40, facing the 107.31 (Sep 8, 2017 low) support. The key resistance is at the top trend line of the price channel on the 4-hour chart....

AUDUSD Daily Analysis – February 14, 2018

by ForexCycle.com | February 14, 2018 1:50 am
AUDUSD’s bounce from 0.7759 extended to as high as 0.7876. Further rise to test 0.7910 resistance is still possible. A breakout of this level could trigger further upside movement towards 0.7970. Near term support is at 0.7825....

GBPUSD Daily Analysis – February 14, 2018

by ForexCycle.com | February 14, 2018 1:49 am
No changed in our view, GBPUSD remains in the downtrend from 1.4345, the bounce from 1.3764 is likely consolidation of the downtrend. Another fall could be expected after the consolidation, a breakdown below 1.3764 could take price...

EURUSD Daily Analysis – February 14, 2018

by ForexCycle.com | February 14, 2018 1:49 am
EURUSD extended its upside movement from 1.2205 to as high as 1.2371. Further rise could be expected in a couple of days, and next target would be at 1.2480 area. Near term support is at 1.2280, only...