EURUSD Daily Analysis – November 20, 2018

by ForexCycle.com | November 20, 2018 4:56 am
EURUSD’s upside movement from 1.1215 extended to as high as 1.1464. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:35 am
USDCAD is testing the support of the price channel on the 4-hour chart. A breakdown below the channel support would indicate that the upside movement from 1.2782 had completed at 1.3263 already, then deeper decline to 1.3050...

USDJPY Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:35 am
USDJPY extended its downside movement from 114.20 to as low as 112.60. Further decline is still possible and next target would be at 112.00 area. Resistance is at 113.20, only a break of this level could bring...

AUDUSD Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:34 am
AUDUSD broke above 0.7302 resistance and extended its upside movement from 0.7164 to as high as 0.7337. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...

GBPUSD Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:34 am
GBPUSD failed to break below 1.2695 support and rebounded from 1.2723. However another fall to test 1.2695 is still possible and a breakdown could trigger further downside movement towards 1.2550 area. Resistance is at 1.2950, only a...

EURUSD Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:33 am
EURUSD continued its upside movement from 1.1215 and the rise extended to as high as 1.1421. Further rise is still possible and next target would be at 1.1500 area. Near term support is at the rising trend...

USDCAD Weekly Analysis – November 17, 2018

by ForexCycle.com | November 17, 2018 5:38 am
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the uptrend could be expected to continue and next target would...

USDJPY Weekly Analysis – November 17, 2018

by ForexCycle.com | November 17, 2018 5:38 am
USDJPY failed to break above 114.54 resistance and pulled back to 112.60 area, suggesting that lengthier consolidation for the uptrend from 104.63 is needed. However, as long as the price is in the price channel on the...

AUDUSD Weekly Analysis – November 17, 2018

by ForexCycle.com | November 17, 2018 5:37 am
AUDUSD’s bounce from 0.7020 extended to as high as 0.7337. Further rally is still possible in a couple of weeks and next target would be at 0.7500 area. Support is at 0.7160, only a breakdown below this...

GBPUSD Weekly Analysis – November 17, 2018

by ForexCycle.com | November 17, 2018 5:37 am
GBPUSD is facing 1.2695 support, a breakdown below this level could indicate that the downside movement from 1.4376 has resumed, then further decline towards 1.2300 area could be seen. Near term resistance is at 1.2900, a break...