USDCAD Daily Analysis – June 14, 2019

by ForexCycle.com | June 14, 2019 3:33 am
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3240. As long as the channel support holds, the uptrend could be expected to continue and next target would be...

USDJPY Daily Analysis – June 14, 2019

by ForexCycle.com | June 14, 2019 3:33 am
USDJPY moved sideways in a trading range between 107.81 and 108.80. The sideways movement is likely consolidation for the downtrend from 112.40 (Apr 24 high). Further decline could be expected after the consolidation and next target would...

AUDUSD Daily Analysis – June 14, 2019

by ForexCycle.com | June 14, 2019 3:32 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7021. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

GBPUSD Daily Analysis – June 14, 2019

by ForexCycle.com | June 14, 2019 3:31 am
GBPUSD is facing 1.2652 support. As long as this level holds, the sideways movement in a trading range between 1.2652 and 1.2762 could be treated as consolidation for the uptrend from 1.2558, one more rise to 1.2850...

EURUSD Daily Analysis – June 14, 2019

by ForexCycle.com | June 14, 2019 3:30 am
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.1116 had completed at 1.1347 already. Further decline could be expected in the coming days and next target would be...

USDCAD Daily Analysis – June 13, 2019

by ForexCycle.com | June 13, 2019 2:34 am
USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3564 had completed at 1.3240 already. Further rally could be expected in a couple of days and next target would...

USDJPY Daily Analysis – June 13, 2019

by ForexCycle.com | June 13, 2019 2:33 am
USDJPY failed to break above 109.00 resistance and pulled back from 108.80, suggesting that the pair remains in the downtrend from 112.40. Deeper decline to test 107.80 support could be expected in the coming days, a breakdown...

AUDUSD Daily Analysis – June 13, 2019

by ForexCycle.com | June 13, 2019 2:32 am
AUDUSD extended its downside movement from 0.7021 to as low as 0.6913. Further decline is still possible after a minor consolidation and next target would be at 0.6860 area. Near term resistance is at 0.6950, only break...

GBPUSD Daily Analysis – June 13, 2019

by ForexCycle.com | June 13, 2019 2:32 am
GBPUSD failed to break above 1.2762 resistance and moved sideways in a trading range between 1.2652 and 1.2762. As long as 1.2652 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.2558,...

EURUSD Daily Analysis – June 13, 2019

by ForexCycle.com | June 13, 2019 2:31 am
EURUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1347 could be treated as consolidation for the uptrend from 1.1116, another...