USDCAD Daily Analysis – September 11, 2019

by ForexCycle.com | September 11, 2019 2:59 am
USDCAD extended its downside movement from 1.3382 to as low as 1.3133. Further decline is still possible and next target would be at 1.3100 area. Resistance is at 1.3191, a break of this level could bring the...

USDJPY Daily Analysis – September 11, 2019

by ForexCycle.com | September 11, 2019 2:58 am
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 105.73. Further rise could be expected after a minor consolidation and next target would be at 108.50 area. Only a...

AUDUSD Daily Analysis – September 11, 2019

by ForexCycle.com | September 11, 2019 2:57 am
AUDUSD remains in the uptrend from 0.6687, the pullback from 0.6875 is likely consolidation for the uptrend. As long as 0.6820 support holds, the uptrend could be expected to resume, and next target would be at 0.6950...

GBPUSD Daily Analysis – September 11, 2019

by ForexCycle.com | September 11, 2019 2:57 am
GBPUSD remains in the uptrend from 1.1958, as long as 1.2233 support holds, the upside movement could be expected to continue and next target would be at 1.2500 area. However, a breakdown below 1.2233 support would indicate...

EURUSD Daily Analysis – September 11, 2019

by ForexCycle.com | September 11, 2019 2:56 am
EURUSD continued its sideways movement in a trading range between 1.1015 and 1.1084. The sideways movement is likely consolidation for the uptrend from 1.0925, as long as 1.1015 support holds, the uptrend could be expected to resume,...

USDCAD Daily Analysis – September 10, 2019

by ForexCycle.com | September 9, 2019 10:50 pm
USDCAD remains in the downtrend from 1.3382. Further decline is still possible after a minor consolidation and next target would be at 1.3100 area. Near term resistance is now at 1.3200, above this level could bring the...

USDJPY Daily Analysis – September 10, 2019

by ForexCycle.com | September 9, 2019 10:49 pm
USDJPY extended its upside movement from 104.44 to as high as 107.27. Further rise could be expected and next target would be at 108.00 area. Support level is at 106.60, below this level could bring the price...

AUDUSD Daily Analysis – September 10, 2019

by ForexCycle.com | September 9, 2019 10:49 pm
AUDUSD’s upside movement from 0.6687 extended to as high as 0.6875. Further rise could be expected after a minor consolidation and next target would be at 0.6900 area. Support is at 0.6820, below this level could bring...

GBPUSD Daily Analysis – September 10, 2019

by ForexCycle.com | September 9, 2019 10:48 pm
GBPUSD extended its upside movement from 1.1958 to as high as 1.2385. Further rise could be expected and next target would be at 1.2500 area. Support is at 1.2233 a breakdown below this level could bring the...

EURUSD Daily Analysis – September 10, 2019

by ForexCycle.com | September 9, 2019 10:47 pm
EURUSD moved sideways in a trading range between 1.1015 and 1.1084. As long as 1.1015 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.0925, further rise to 1.1150...