USDJPY Daily Analysis – September 27, 2019

by ForexCycle.com | September 27, 2019 4:47 am
USDJPY is in short term uptrend from 106.95. Further rise to test 108.47 resistance would likely be seen in a coming days. Near term support is at 107.40, only break below this level could trigger another fall...

AUDUSD Daily Analysis – September 27, 2019

by ForexCycle.com | September 27, 2019 4:45 am
AUDUSD remains in the downtrend from 0.6894. As long as 0.6808 key resistance holds, the downside movement could be expected to continue and next target would be at 0.6700 area, only break above 0.6808 level could signal...

GBPUSD Daily Analysis – September 27, 2019

by ForexCycle.com | September 27, 2019 4:43 am
GBPUSD extended its downside movement from 1.2581 to as low as 1.2303. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...

EURUSD Daily Analysis – September 27, 2019

by ForexCycle.com | September 27, 2019 4:39 am
EURUSD broke below 1.0925 support. As long as the price is below the falling trend line on the 4-hour chart, the downside movement from 1.1109 could be expected to continue and next target would be at 1.0800...

USDCAD Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:20 am
USDCAD failed to break below 1.3230 support and stayed in a trading range between 1.3230 and 1.3309. As long as 1.3230 support holds, the price action in the range could be treated as consolidation for the uptrend...

USDJPY Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:19 am
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 108.47 had completed at 106.95 already. Further rally could be expected in the coming days and next target would be...

AUDUSD Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:18 am
AUDUSD broke below 0.6759 support and extended its downside movement from 0.6894 to as low as 0.6738. Further decline could be expected in a couple of days and next target would be at 0.6700 area. Key resistance...

GBPUSD Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:18 am
GBPUSD broke below 1.2392 support, suggesting that the upside movement from 1.1958 had completed at 1.2581 already. Deeper decline would likely be seen and next target would be at 1.2260 area. Resistance is at the bearish trend...

EURUSD Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:17 am
EURUSD extended its downside movement from 1.1109 to as low as 1.0937, facing 1.0925 support once again, a breakdown below this level would indicate that the longer term downtrend from 1.1412 (Jun 25 high) has resumed, then...

USDCAD Daily Analysis – September 25, 2019

by ForexCycle.com | September 25, 2019 3:45 am
USDCAD is facing 1.3230 support, a breakdown below this level would indicate that the uptrend from 1.3133 had completed at 1.3309 already, then another fall towards 1.3100 could be seen. However, as long as 1.3230 support holds,...