USDCAD Daily Analysis – August 19, 2019

by ForexCycle.com | August 19, 2019 3:03 am
USDCAD failed to break above 1.3344 resistance and pulled back to 1.3260 area. Deeper decline towards the rising trend line on the 4-hour chart would likely be seen, a breakdown below could trigger further downside move to...

USDJPY Daily Analysis – August 19, 2019

by ForexCycle.com | August 19, 2019 3:02 am
USDJPY failed to break above 107.08 resistance and stays in a trading range between 105.04 and 107.08. As long as 107.08 resistance holds, the price action in the range could be treated as consolidation for the downtrend...

AUDUSD Daily Analysis – August 19, 2019

by ForexCycle.com | August 19, 2019 3:02 am
AUDUSD stays in a trading range between 0.6735 and 0.6821. As long as 0.6735 support holds, the price action in the trading range could be treated as consolidation for the uptrend from 0.6677, further rise to 0.6900...

GBPUSD Daily Analysis – August 19, 2019

by ForexCycle.com | August 19, 2019 3:01 am
GBPUSD moved sideways in a trading range between 1.2014 and 1.2249. As long as 1.2249 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2578, further decline to 1.1950 area is still...

EURUSD Daily Analysis – August 19, 2019

by ForexCycle.com | August 19, 2019 3:00 am
EURUSD extended its downside movement from 1.1249 to as low as 1.1066. Resistance is at 1.1120, as long as this level holds, the downside movement could be expected to continue and next target would be at 1.1026...

USDCAD Daily Analysis – August 15, 2019

by ForexCycle.com | August 15, 2019 2:50 am
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3015. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Daily Analysis – August 15, 2019

by ForexCycle.com | August 15, 2019 2:49 am
USDJPY failed to break above 107.08 resistance and stays in a trading range between 105.04 and 107.08. As long as 107.08 resistance holds, the price action in the range could be treated as consolidation for the downtrend...

AUDUSD Daily Analysis – August 15, 2019

by ForexCycle.com | August 15, 2019 2:48 am
AUDUSD remains in the uptrend from 0.6677, the fall from 0.6821 is likely corrective consolidation for the uptrend. Another rise could be expected after the consolidation, a breakout of 0.6821 resistance could take the price into 0.6900...

GBPUSD Daily Analysis – August 15, 2019

by ForexCycle.com | August 15, 2019 2:47 am
GBPUSD continued its sideways movement in a trading range between 1.2014 and 1.2106. The price action in the range is likely consolidation for the downtrend from 1.2578, further decline to 1.1950 area is still possible after the...

EURUSD Daily Analysis – August 15, 2019

by ForexCycle.com | August 15, 2019 2:46 am
EURUSD broke below 1.1162 support, suggesting that the upside movement from 1.1026 had completed at 1.1249 already. Deeper decline would likely be seen and next target would be at 1.1100 area. Resistance is at 1.1175, above this...