USDCAD Daily Analysis – April 11, 2019
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3450. As long as the price is below the trend line, the downside movement could be expected to continue and...
Author: ForexCycle.com
USDJPY Daily Analysis – April 11, 2019
USDJPY stays below a bearish trend line on the 4-hour and remains in the downtrend from 111.82. As long as the trend line resistance holds, the downside movement could be expected to continue and next target would...
AUDUSD Daily Analysis – April 11, 2019
AUDUSD extended its upside movement from 0.7052 to as high as 0.7174. 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...
GBPUSD Daily Analysis – April 11, 2019
GBPUSD formed a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the uptrend from 1.2396 (Jan 3 low), a breakout of the upper border of the pattern could take the price to...
EURUSD Daily Analysis – April 11, 2019
EURUSD extended its upside movement from 1.1183 to as high as 1.1287. 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...
USDCAD Daily Analysis – April 10, 2019
USDCAD extended its downside movement from 1.3450 to as low as 1.3283, breaking below 1.3295 support. Further decline could be expected after a minor consolidation and next target would be at 1.3200 area. Resistance is located at...
USDJPY Daily Analysis – April 10, 2019
USDJPY broke below 111.20 support, suggesting that the upside movement from 109.70 had completed at 111.82 already. Further decline could be expected in the coming days and next target would be at 110.00 area. Resistance is at...
AUDUSD Daily Analysis – April 10, 2019
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.7052. As long as the trend line support holds, the upside movement could be expected to continue and further rise...
GBPUSD Daily Analysis – April 10, 2019
GBPUSD is forming a triangle pattern on the 4-hour chart. Another rise towards the upper border of the pattern would likely be seen in the coming days. Resistance is at the falling trend line, a breakout of...
EURUSD Daily Analysis – April 10, 2019
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1183. As long as the trend line support holds, the upside movement could be expected to continue and next target...