EURUSD Daily Analysis – September 18, 2018

by ForexCycle.com | September 18, 2018 4:18 am
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1526. Another rise to test 1.1733 resistance could be expected, a breakout of this level could take the price to...

USDCAD Daily Analysis – September 17, 2018

by ForexCycle.com | September 17, 2018 1:51 am
USDCAD is facing the resistance of the price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2975 could be treated as consolidation for the downtrend from 1.3226 and further decline...

USDJPY Daily Analysis – September 17, 2018

by ForexCycle.com | September 17, 2018 1:51 am
USDJPY stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 110.38. As long as the trend line support holds, the uptrend could be expected to continue and next target would...

AUDUSD Daily Analysis – September 17, 2018

by ForexCycle.com | September 17, 2018 1:50 am
AUDUSD failed to breakout of 0.7235 resistance and dropped sharply to 0.7140 area. Further decline to test 0.7085 support is possible in the coming days, a breakdown below this level could trigger further downside movement towards 0.7000....

GBPUSD Daily Analysis – September 17, 2018

by ForexCycle.com | September 17, 2018 1:49 am
GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2785. As long as the price is in the channel, the upside movement could be expected to continue and next...

EURUSD Daily Analysis – September 17, 2018

by ForexCycle.com | September 17, 2018 1:49 am
EURUSD failed in its attempt to break above 1.1733 resistance. However, as long as the price is above the rising trend line on the 4-hour chart, the uptrend from 1.1526 could be expected to resume and another...

USDCAD Weekly Analysis – September 15, 2018

by ForexCycle.com | September 15, 2018 7:20 am
USDCAD is now in uptrend from 1.2887, the fall from 1.3226 would possibly be correction for the uptrend. Another rise would likely be seen after the correction and a break of 1.3226 resistance could trigger further upside...

USDJPY Weekly Analysis – September 15, 2018

by ForexCycle.com | September 15, 2018 7:20 am
USDJPY is facing 112.15 resistance. A breakthrough this level would indicate that the uptrend from 104.63 has resumed, then further rise towards 115.50 resistance is possible. Support is at 109.77, a breakdown below this level would confirm...

AUDUSD Weekly Analysis – September 15, 2018

by ForexCycle.com | September 15, 2018 7:19 am
AUDUSD stays below a falling trend line on the daily chart. As long as the trend line resistance holds, the bounce from 0.7085 could be treated as consolidation for the downtrend from 0.8135, and further decline towards...

GBPUSD Weekly Analysis – September 15, 2018

by ForexCycle.com | September 15, 2018 7:18 am
GBPUSD is facing 1.3213 resistance. A breakout of this level would indicate that the downside movement from 1.4376 had completed at 1.2661 already, then next target would be at 1.3500 area. Near term support is at 1.2950,...