EURUSD Daily Analysis – October 21, 2019

by ForexCycle.com | October 21, 2019 3:10 am
EURUSD’s upside movement from 1.0879 extended to as high as 1.1170. Further rise is still possible after a minor consolidation and next target would be at 1.1200 area. Near term support is at 1.1110, a breakdown below...

USDCAD Weekly Analysis – October 20, 2019

by ForexCycle.com | October 20, 2019 12:04 pm
USDCAD broke below 1.3133 support, suggesting that the downtrend from 1.3382 has resumed. Further decline could be expected in a couple of weeks and next target would be at 1.3000 area. Near term resistance is at 1.3200,...

USDJPY Weekly Analysis – October 20, 2019

by ForexCycle.com | October 20, 2019 12:03 pm
USDJPY remains in the uptrend from 104.44, further rise could be expected in a couple of weeks and next target would be at 110.00 area. Near term support is at 108.00, below this level could trigger further...

AUDUSD Weekly Analysis – October 20, 2019

by ForexCycle.com | October 20, 2019 12:02 pm
AUDUSD’s bounce from 0.6670 extended to as high as 0.6856. Further rally would likely be seen next week and the target would be at the falling trend line on the daily chart. However, as long as the...

GBPUSD Weekly Analysis – October 20, 2019

by ForexCycle.com | October 20, 2019 12:01 pm
GBPUSD’s upside movement from 1.1958 extended to as high as 1.2989. Further rise is still possible after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.2820, below this level...

EURUSD Weekly Analysis – October 20, 2019

by ForexCycle.com | October 20, 2019 12:01 pm
EURUSD is now in the uptrend from 1.0879, further rally could be expected in a couple of weeks and next target would be at 1.1250 area. Near term support is at 1.1100, below this level could bring...

USDCAD Daily Analysis – October 18, 2019

by ForexCycle.com | October 18, 2019 3:10 am
USDCAD extended its downside movement from 1.3347 to as low as 1.3130. Further decline could be expected after a minor consolidation and next target would be at 1.3100 area. Resistance is at falling trend line on the...

USDJPY Daily Analysis – October 18, 2019

by ForexCycle.com | October 18, 2019 3:10 am
USDJPY broke below the bottom support trend line of the rising price channel on the 4-hour chart, suggesting that consolidation for the uptrend from 106.48 is underway. Range trading between 108.03 and 108.93 would likely be seen...

AUDUSD Daily Analysis – October 18, 2019

by ForexCycle.com | October 18, 2019 3:09 am
AUDUSD broke above 0.6810 resistance, suggesting that the uptrend from 0.6670 has resumed. Further rise could be expected in a couple of days and next target would be at 0.6880 area. Near term support is at 0.6810,...

GBPUSD Daily Analysis – October 18, 2019

by ForexCycle.com | October 18, 2019 3:08 am
GBPUSD’s upside movement from 1.2195 extended to as high as 1.2989. 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...