AUDUSD Weekly Analysis – January 14, 2018

by ForexCycle.com | January 14, 2018 10:05 am
AUDUSD extended its upside movement from 0.7501 to as high as 0.7924. Further rise is still possible after a minor consolidation and next target would be at 0.8124 resistance. Above this level would aim 0.8300 area. Near...

GBPUSD Weekly Analysis – January 14, 2018

by ForexCycle.com | January 14, 2018 10:04 am
GBPUSD broke above 1.3657 resistance, suggesting that the uptrend from 1.1946 (Oct 7, 2016 low) has resumed. Near term support is at 1.3590, followed by the rising trend line on the daily chart. As long as the...

EURUSD Weekly Analysis – January 14, 2018

by ForexCycle.com | January 14, 2018 10:03 am
EURUSD broke above 1.2092 resistance, suggesting that the uptrend from 1.0340 (Jan 3 low) has resumed. Near term support is at 1.2070, followed by the bullish trend line on the daily chart. As long as the price...

Understanding the different types of trading system

by ForexCycle.com | January 11, 2018 7:07 am
Making money in today’s world has become extremely difficult. In the world of economic crisis creating a new source of income is just like winning a war. But things have changed dramatically after the starting of retail...

Could Forex Tackle Your Debts?

by ForexCycle.com | January 11, 2018 6:49 am
Debt is the big monkey on the back of many US households. The average US household owes $16k in credit card debt alone, without counting in auto, student loans and mortgages. Whilst some debts, like mortgages, can...

USDCAD Daily Analysis – January 11, 2018

by ForexCycle.com | January 11, 2018 4:02 am
USDCAD broke above 1.2555 resistance, indicating that the downtrend from 1.2920 had completed at 1.2355 already. Further rally would likely be seen after a minor consolidation and next target would be at 1.2650 area. Support levels are...

USDJPY Daily Analysis – January 11, 2018

by ForexCycle.com | January 11, 2018 4:01 am
USDJPY broke below 112.03 support and extended its downside movement to as low as 111.27. Further decline could be expected and next target would be at 110.84 support. Near term resistance is at 111.90, only break above...

AUDUSD Daily Analysis – January 11, 2018

by ForexCycle.com | January 11, 2018 4:00 am
AUDUSD broke above 0.7874 resistance, suggesting that the uptrend from 0.7501 has resumed. Further rise could be expected and next target would be at 0.7950 area. Key support is now at 0.7807, only a breakdown below this...

GBPUSD Daily Analysis – January 11, 2018

by ForexCycle.com | January 11, 2018 3:56 am
GBPUSD broke below 1.3494 support, suggesting that the upside movement from 1.3301 had completed at 1.3612 already. Further decline would likely be seen in a couple of days and next target would be at 1.3420 area, followed...

EURUSD Daily Analysis – January 11, 2018

by ForexCycle.com | January 11, 2018 3:55 am
EURUSD remains in the downtrend from 1.2089, the bounce from 1.1915 is likely correction of the downtrend. Another fall could be expected after the correction and a breakdown below 1.1915 support could take price to the bullish...