GBPUSD Daily Analysis – June 26, 2018

by ForexCycle.com | June 26, 2018 3:03 am
GBPUSD is now in uptrend from 1.3101, the pullback from 1.3314 is likely consolidation for the uptrend. Further rise could be expected after the consolidation and next target would be at 1.3400 area. Support is at 1.3200,...

EURUSD Daily Analysis – June 26, 2018

by ForexCycle.com | June 26, 2018 3:02 am
EURUSD extended its upside movement from 1.1508 to as high as 1.1717. Further rise is still possible and next target would be at 1.1800 area. Support is at 1.1620, only a breakdown below this level could bring...

USDCAD Daily Analysis – June 25, 2018

by ForexCycle.com | June 25, 2018 3:23 am
USDCAD’s upside movement from 1.2856 extended to as high as 1.3381. Near term support is at 1.3200, as long as this level holds, the upside movement could be expected to continue and next target would be at...

USDJPY Daily Analysis – June 25, 2018

by ForexCycle.com | June 25, 2018 3:23 am
USDJPY broke below 109.55 support, indicating that the upside movement from 108.11 had completed at 110.90 already. Further decline could be expected in the coming days and next target would be at 108.50 area. Resistance is at...

AUDUSD Daily Analysis – June 25, 2018

by ForexCycle.com | June 25, 2018 3:22 am
AUDUSD broke above the top trend line of the price channel on the 4-hour chart, indicating that the downside movement from 0.7676 had completed at 0.7345 already. Further rise could be expected and next target would be...

GBPUSD Daily Analysis – June 25, 2018

by ForexCycle.com | June 25, 2018 3:21 am
GBPUSD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the short term downtrend from 1.3472 had completed at 1.3101 already. Further rally is still possible in a couple of...

EURUSD Daily Analysis – June 25, 2018

by ForexCycle.com | June 25, 2018 3:21 am
EURUSD broke above 1.1644 resistance, suggesting that the downside movement from 1.1851 had completed at 1.1508 already. Further rally could be expected in the coming days and next target would be at 1.1750 area. Support is at...

USDCAD Weekly Analysis – June 24, 2018

by ForexCycle.com | June 24, 2018 6:49 am
USDCAD’s upside movement from 1.2526 extended to as high as 1.3381. Near term support is at 1.3180, as long as this level holds, the upside movement could be expected to continue and next target would be at...

USDJPY Weekly Analysis – June 24, 2018

by ForexCycle.com | June 24, 2018 6:48 am
USDJPY continued its sideways movement in a trading range between 108.11 and 111.39. Near term resistance is at 111.39, a breakout of this level could take the price to 113.00 area. Key support is at 108.11, a...

AUDUSD Weekly Analysis – June 24, 2018

by ForexCycle.com | June 24, 2018 6:47 am
AUDUSD extended its downside movement from 0.8135 to as low as 0.7345, breaking below 0.7412 support. Further decline could be expected and next target would be at 0.7000 area. Resistance is at the falling trend line on...