USDJPY Daily Analysis – November 13, 2018
USDJPY extended its upside movement from 111.37 to as high as 114.20. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
Author: ForexCycle.com
AUDUSD Daily Analysis – November 13, 2018
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7020 had completed at 0.7302 already. Further decline could be expected after a minor consolidation and next target would be...
GBPUSD Daily Analysis – November 13, 2018
GBPUSD’s downside movement from 1.3174 extended to as low as 1.2826. Further decline is still possible and next target would be at 1.2750 area. Resistance is at 1.2950, only a break of this level could bring the...
EURUSD Daily Analysis – November 13, 2018
EURUSD broke below 1.1302 support and extended its downside movement from 1.1499 to as low as 1.1215. Further decline is still possible in a couple of days and next target would be at 1.1100 area. Resistance is...
USDCAD Daily Analysis – November 12, 2018
USDCAD stays in a bullish price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782. As long as the price is in the channel, the uptrend could be expected to continue...
USDJPY Daily Analysis – November 12, 2018
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 111.37. As long as the price is in the channel, the upside movement could be expected to continue and next...
AUDUSD Daily Analysis – November 12, 2018
AUDUSD pulled back to 0.7215 area. Deeper decline is still possible and next target would be at bullish trend line on the 4-hour chart. However, as long as the trend line support holds, the pullback could be...
GBPUSD Daily Analysis – November 12, 2018
GBPUSD extended its downside movement from 1.3174 to as low as 1.2913. Further decline is still possible after a minor consolidation and next target would be at 1.2850 area. Resistance is at 1.3050, only a break of...
EURUSD Daily Analysis – November 12, 2018
EURUSD is facing 1.1302 support, a breakdown below this level could trigger further downside movement towards 1.1200. Resistance is at 1.1400, only a breakout of this level could bring the price back towards 1.1550.
USDCAD Weekly Analysis – November 10, 2018
USDCAD extended its upside movement from 1.2782 to as high as 1.3021, breaking above the resistance level at 1.3226. Further rise could be expected and next target would be at 1.3385 resistance. Near term support is located...