EURUSD Daily Analysis – April 30, 2019

by ForexCycle.com | April 30, 2019 2:44 am
EURUSD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.1110 could be treated as consolidation for the downtrend from 1.1323, another...

USDCAD Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:56 am
USDCAD is in consolidation for the uptrend from 1.3274. As long as the price is above the bullish trend line on the 4-hour chart, the uptrend could be expected to resume, a break of 1.3520 resistance could...

USDJPY Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:55 am
USDJPY is facing the support of the price channel on the 4-hour chart. As long as the channel support holds, the pullback from 112.40 could be treated as consolidation for the uptrend from 109.70, another rise towards...

AUDUSD Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:54 am
AUDUSD is facing the resistance of the falling trend line on the 4-hour chart. A clear break above the trend line resistance would indicate that the downtrend from 0.7205 had completed at 0.6988 already, then another rise...

GBPUSD Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:52 am
GBPUSD extended its downside movement from 1.3132 to as low as 1.2865. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

EURUSD Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:51 am
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1323. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDCAD Weekly Analysis – April 28, 2019

by ForexCycle.com | April 28, 2019 1:05 pm
USDCAD broke above 1.3467 resistance, suggesting that the uptrend from 1.3068 has resumed. Further rise could be expected in a couple of weeks and next target would be at 1.3650 area. Near term support is at 1.3400,...

USDJPY Weekly Analysis – April 28, 2019

by ForexCycle.com | April 28, 2019 1:04 pm
USDJPY stays above a rising trend line on the daily chart and remains in the uptrend from 105.05. As long as the trend line support holds, the upside movement could be expected to continue and next target...

AUDUSD Weekly Analysis – April 28, 2019

by ForexCycle.com | April 28, 2019 1:03 pm
AUDUSD broke below the rising trend line on the daily chart, suggesting that the upside movement from 0.7003 had completed at 0.7205 already. Further decline could be expected in the coming days and next target would be...

GBPUSD Weekly Analysis – April 28, 2019

by ForexCycle.com | April 28, 2019 1:02 pm
GBPUSD broke below 1.2960 support, suggesting that the upside movement from 1.2396 had completed at 1.3381 already. Further decline could be expected in a couple of weeks and next target would be at 1.2600 area. Resistance is...