USDCAD Daily Analysis – January 3, 2019
USDCAD remains in the uptrend from 1.3253. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3700...
Author: ForexCycle.com
USDJPY Daily Analysis – January 3, 2019
USDJPY stays below a falling trend line on its 4-hour chart and remains in the downtrend from 113.70. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
AUDUSD Daily Analysis – January 3, 2019
AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.7393. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
GBPUSD Daily Analysis – January 3, 2019
GBPUSD is in downtrend from 1.2814, further decline could be expected and next target would be at 1.2300 area. Near term resistance is at 1.2640, only a break of this level could trigger another upside movement towards...
EURUSD Daily Analysis – January 3, 2019
EURUSD is now in downtrend from 1.1496, further decline is still possible and next target would be at 1.1200 area. Near term resistance is at 1.1400, only a break of this level could trigger another rise towards...
USDCAD Daily Analysis – December 31, 2018
USDCAD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.3253. As long as the channel support holds, the upside movement could be expected to continue and next target would...
USDJPY Daily Analysis – December 31, 2018
USDJPY broke below 110.26 support, suggesting that the downtrend from 113.70 has resumed. Further decline could be expected in the coming days and next target would be at 109.00 area. Key resistance is now at 111.45, only...
AUDUSD Daily Analysis – December 31, 2018
AUDUSD moved sideways in a narrow range between 0.7016 and 0.7077. The price action in the range is likely consolidation for the downtrend from 0.7246. Another fall could be expected after the consolidation and next target would...
GBPUSD Daily Analysis – December 31, 2018
GBPUSD remains in the short term uptrend from 1.2475, a break of 1.2738 resistance could trigger further upside movement towards 1.2850. Support is at 1.2606, below this level could bring the price back into 1.2500 zone.
EURUSD Daily Analysis – December 31, 2018
EURUSD is facing 1.1485 resistance, a breakout of this level could trigger further upside movement to 1.1700 area. Near term support is at 1.1400, below this level could bring the price back to next support level at...