USDCAD Daily Analysis – February 21, 2019

by ForexCycle.com | February 21, 2019 3:00 am
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3339. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDJPY Daily Analysis – February 21, 2019

by ForexCycle.com | February 21, 2019 2:59 am
USDJPY is facing the support of the rising price channel on the 4-hour chart. As long as the channel support holds, the upside movement could be expected to continue and next target would be at 112.00 area....

AUDUSD Daily Analysis – February 21, 2019

by ForexCycle.com | February 21, 2019 2:58 am
AUDUSD’s upside movement from 0.7054 extended to as high as 0.7206. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – February 21, 2019

by ForexCycle.com | February 21, 2019 2:58 am
GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2772. As long as the trend line support holds, the fall from 1.3108 could be treated as consolidation for the...

EURUSD Daily Analysis – February 21, 2019

by ForexCycle.com | February 21, 2019 2:57 am
EURUSD extended its upside movement from 1.1234 to as high as 1.1371. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

USDCAD Daily Analysis – February 20, 2019

by ForexCycle.com | February 20, 2019 3:09 am
USDCAD broke below 1.3195 support, suggesting that the upside movement from 1.3068 had completed at 1.3339 already. Deeper decline would likely be seen and next target would be at 1.3100 area. Resistance is at 1.3280, only break...

USDJPY Daily Analysis – February 20, 2019

by ForexCycle.com | February 20, 2019 3:08 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 108.49. As long as the channel support holds, the upside movement could be expected to continue and next target would...

AUDUSD Daily Analysis – February 20, 2019

by ForexCycle.com | February 20, 2019 3:07 am
AUDUSD extended its upside movement from 0.7054 to as high as 0.7176. Further rise is still possible in the coming days and next target would be at 0.7200 area. Support is at the rising trend line on...

GBPUSD Daily Analysis – February 20, 2019

by ForexCycle.com | February 20, 2019 3:06 am
GBPUSD broke above 1.2996 resistance, suggesting that the downside movement from 1.3217 had completed at 1.2772 already. Further rally would likely be seen and next target would be at 1.3200 area. Near term support is at 1.3000,...

EURUSD Daily Analysis – February 20, 2019

by ForexCycle.com | February 20, 2019 3:05 am
EURUSD broke above 1.1341 resistance, suggesting that the downside movement from 1.1514 had completed at 1.1234 already. Further rally could be expected in a couple of days and next target would be at 1.1400 area. Support levels...