USDCAD Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:41 am
USDCAD is in consolidation for the downtrend from 1.3382. Range trading between 1.3133 and 1.3250 would likely be seen in the coming days. As long as 1.3250 resistance holds, the downtrend could be expected to resume, and...

USDJPY Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:40 am
USDJPY extended its upside movement from 105.73 to as high as 108.25. 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...

AUDUSD Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:39 am
AUDUSD remains in the uptrend from 0.6687, the pullback from 0.6894 is likely consolidation for the uptrend. As long as 0.6837 support holds, the uptrend could be expected to resume, further rise to 0.6950 area is still...

GBPUSD Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:39 am
GBPUSD remains in the uptrend from 1.1958, the pullback from 1.2385 is likely consolidation for the uptrend. Further rise could be expected and next target would be at 1.2500 area. Key support is at 1.2233, only break...

EURUSD Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:38 am
EURUSD broke above 1.1084 resistance, indicating that the downside movement from 1.1249 had completed at 1.0925 already. Further rally could be expected in the coming days and next target would be at 1.1150 area. Support is at...

USDCAD Daily Analysis – September 12, 2019

by ForexCycle.com | September 12, 2019 3:05 am
USDCAD broke above 1.3191 resistance, suggesting that corrective consolidation for the downtrend from 1.3382 is underway. Range trading between 1.3133 and 1.3250 would likely be seen in a couple of days. As long as 1.3250 resistance holds,...

USDJPY Daily Analysis – September 12, 2019

by ForexCycle.com | September 12, 2019 3:04 am
USDJPY’s upside movement from 105.73 extended to as high as 108.09. 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...

AUDUSD Daily Analysis – September 12, 2019

by ForexCycle.com | September 12, 2019 3:03 am
AUDUSD extended its upside movement from 0.6687 to as high as 0.6884. Further rise is still possible after a minor consolidation and next target would be at 0.6950 area. Support is at 0.6837, below this level could...

GBPUSD Daily Analysis – September 12, 2019

by ForexCycle.com | September 12, 2019 3:02 am
GBPUSD moved sideways in a trading range between 1.2233 and 1.2385. As long as 1.2233 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.1958, a break of 1.2385 resistance could take...

EURUSD Daily Analysis – September 12, 2019

by ForexCycle.com | September 12, 2019 3:02 am
EURUSD broke below 1.1015 support, suggesting that the upside movement from 1.0925 had completed at 1.1084 already. Further decline could be expected and next target would be at 109.60 area. Resistance is at 1.1035, only break above...