USDCAD Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:56 pm
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3133. As long as the channel support holds, the upside movement could be expected to continue and next target would...

USDJPY Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:55 pm
USDJPY moved sideways in a trading range between 107.50 and 108.25. As long as 107.50 support holds, the sideways movement could be treated as consolidation for the uptrend from 105.73, further rise to 109.00 area is still...

AUDUSD Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:55 pm
AUDUSD moved sideways in a trading range between 0.6837 and 0.6894. As long as 0.6837 support holds, the upside movement could be expected to resume, further rise to 0.6950 area is still possible. On the downside, a...

GBPUSD Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:54 pm
GBPUSD extended its upside movement from 1.1958 to as high as 1.2505. 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...

EURUSD Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:53 pm
EURUSD is now in the uptrend from 1.0926, further rise could be expected in a couple of days and next target would be at 1.1150 area. Near term support is at 1.1050, below this level would suggest...

USDCAD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:11 am
USDCAD is now in the downtrend from 1.3382, further decline would likely be seen in the coming days and next target would be at 1.3000 area. Resistance is at 1.3382, only break above this level could trigger...

USDJPY Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:10 am
USDJPY broke above the resistance of the falling trend line on the daily chart, suggesting that the downside movement from 112.40 had completed at 104.44 already. Further rally could be expected and next target would be at...

AUDUSD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:09 am
AUDUSD extended its upside movement from 0.6677 to as high as 0.6894. Further rise would likely be seen in a couple of weeks and next target would be at the falling trend line on the daily chart....

GBPUSD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:08 am
GBPUSD broke above the falling price channel on the daily chart, suggesting that the downside movement from 1.3381 had completed at 1.1958 already. Further rally could be expected and next target would be at 1.2800 area. Near...

EURUSD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:07 am
EURUSD is facing the resistance of the falling price channel on the daily chart. As long as the channel resistance holds, the bounce from 1.0925 could be treated as consolidation for the downtrend, further decline to 1.0800...