EURUSD Daily Analysis – September 20, 2018

by ForexCycle.com | September 20, 2018 3:39 am
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1526. As long as the trend line support holds, the upside movement could be expected to continue and a breakout...

USDCAD Daily Analysis – September 19, 2018

by ForexCycle.com | September 19, 2018 2:00 am
USDCAD broke below 1.2975 support, suggesting that the downside movement from 1.3226 has resumed. Further decline could be expected in the coming days and next target would be at 1.2887 support. Resistance levels are at 1.3000 and...

USDJPY Daily Analysis – September 19, 2018

by ForexCycle.com | September 19, 2018 1:59 am
USDJPY extended its upside movement from 110.38 to as high as 112.39. 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...

AUDUSD Daily Analysis – September 19, 2018

by ForexCycle.com | September 19, 2018 1:59 am
AUDUSD is facing 0.7235 resistance once again, a breakout of this level could trigger further upside movement towards 0.7300. Near term support is at 0.7190, a breakdown below this level could bring the price back towards 0.7141...

GBPUSD Daily Analysis – September 19, 2018

by ForexCycle.com | September 19, 2018 1:58 am
GBPUSD’s upside movement from 1.2785 extended to as high as 1.3175. Near term support is at the bottom of the rising price channel on the 4-hour chart. As long as the channel support holds, the upside movement...

EURUSD Daily Analysis – September 19, 2018

by ForexCycle.com | September 19, 2018 1:58 am
EURUSD failed in its attempt to break above 1.1733 resistance once again. However, the pair stays above a rising trend line on its 4-hour chart, suggesting that it remains in the uptrend from 1.1526. As long as...

USDCAD Daily Analysis – September 18, 2018

by ForexCycle.com | September 18, 2018 4:23 am
USDCAD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the downside movement from 1.3226 had completed at 1.2975 already. Further rally is possible in a couple of days and...

USDJPY Daily Analysis – September 18, 2018

by ForexCycle.com | September 18, 2018 4:20 am
USDJPY extended its upside movement to as high as 112.16. 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 a breakout of...

AUDUSD Daily Analysis – September 18, 2018

by ForexCycle.com | September 18, 2018 4:20 am
AUDUSD moved sideways in a trading range between 0.7141 and 0.7235. Near term support is at 0.7141, a breakdown below this level could trigger another fall towards 0.7100. Resistance is at 0.7235, a breakout of this level...

GBPUSD Daily Analysis – September 18, 2018

by ForexCycle.com | September 18, 2018 4:19 am
GBPUSD extended its upside movement from 1.2785 to as high as 1.3164. 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...