USDCAD Daily Analysis – July 24, 2017

by ForexCycle.com | July 24, 2017 1:59 am
USDCAD extended its bearish movement to 1.2521. Near term resistance is at the falling trend line on the 4-hour chart. As long as the price is below the trend line, the downtrend could be expected to continue...

USDJPY Daily Analysis – July 24, 2017

by ForexCycle.com | July 24, 2017 1:58 am
USDJPY continued its bearish movement from 114.49 and the fall extended to as low as 110.76. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as the...

AUDUSD Daily Analysis – July 24, 2017

by ForexCycle.com | July 24, 2017 1:57 am
AUDUSD broke below the rising trend line on its 4-hour chart, indicating that the bullish movement from 0.7571 had completed at 0.7989 already. Range trading between 0.7830 and 0.7989 would likely be seen in a couple of...

GBPUSD Daily Analysis – July 24, 2017

by ForexCycle.com | July 24, 2017 1:57 am
GBPUSD remains in uptrend from 1.2589, the pullback from 1.3125 could be treated as correction of the uptrend. Deeper decline to wards the bottom trend line of the price channel on its 4-hour chart is possible in...

EURUSD Daily Analysis – July 24, 2017

by ForexCycle.com | July 24, 2017 1:55 am
EURUSD’s bullish movement from 1.1312 extended to as high as 1.1684. As long as the price is above the rising trend line on its 4-hour chart, the bullish move could be expected to continue and next target...

USDCAD Daily Analysis – July 21, 2017

by ForexCycle.com | July 21, 2017 2:03 am
USDCAD remains in the downtrend from 1.3347, the bounce from 1.2540 could be treated as consolidation of the downtrend. Near term resistance is at the downward trend line on its 4-hour chart. As long as the trend...

USDJPY Daily Analysis – July 21, 2017

by ForexCycle.com | July 21, 2017 2:02 am
USDJPY remains in downtrend from 114.49 and the fall extended to as low as 111.47. Near term resistance is at the top trend line of the price channel on its 4-hour chart. As long as the price...

AUDUSD Daily Analysis – July 21, 2017

by ForexCycle.com | July 21, 2017 2:01 am
AUDUSD stays above the bullish trend line on its 4-hour chart and remains in the uptrend from 0.7571. As long as the trend line support holds, the fall from 0.7989 could be treated as consolidation of the...

GBPUSD Daily Analysis – July 21, 2017

by ForexCycle.com | July 21, 2017 2:00 am
GBPUSD’s fall from 1.3125 extended to as low as 1.2932. Deeper decline is still possible and the target would be at the bottom trend line of the price channel on the 4-hour chart. On the upside, as...

EURUSD Daily Analysis – July 21, 2017

by ForexCycle.com | July 21, 2017 1:59 am
After consolidation, EURUSD continued its bullish movement from 1.1118 and the rise extended to as high as 1.1657. Near term support is at the rising trend line on the 4-hour chart. As long as the pair is...