USDCAD Daily Analysis – November 9, 2017

by ForexCycle.com | November 9, 2017 2:45 am
USDCAD is now facing 1.2700 support, a breakdown below this level could signal resumption of the short term downtrend from 1.2916, then next target would be at the bullish trend line on the daily chart. Near term...

USDJPY Daily Analysis – November 9, 2017

by ForexCycle.com | November 9, 2017 2:41 am
USDJPY continued its sideways movement in a trading range between 112.95 and 114.73. As long as 112.95 support holds, the price action in the range could be treated as consolidation of the uptrend from 111.65 and further...

AUDUSD Daily Analysis – November 9, 2017

by ForexCycle.com | November 9, 2017 2:41 am
AUDUSD failed to break below 0.7624 support and stayed in a trading range between 0.7624 and 0.7729. The range trading could be expected to continue in a couple of days and a break of 0.7685 level could...

GBPUSD Daily Analysis – November 9, 2017

by ForexCycle.com | November 9, 2017 2:40 am
GBPUSD stays in a trading range between 1.3027 and 1.3337. Near term resistance is at 1.3180, a breakout of this level could trigger another rise towards 1.3337 key resistance. As long as 1.3337 resistance holds, the price...

EURUSD Daily Analysis – November 9, 2017

by ForexCycle.com | November 9, 2017 2:38 am
EURUSD remains in the downtrend from 1.1879. Further decline would likely be seen after a minor consolidation and next target would be at 1.1400 area. Near term resistance is at 1.1625, followed by 1.1690, only break above...

USDCHF Moved Sideways Between 0.9938 and 1.0038

by ForexCycle.com | November 8, 2017 3:03 pm
The USDCHF pair moved sideways in a narrow range between 0.9938 and 1.0038 on the 4-hour chart for several days. As long as the price is above 0.9938 support, the sideways move could be treated as consolidation...

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by ForexCycle.com | November 8, 2017 2:32 am
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USDCAD Daily Analysis – November 8, 2017

by ForexCycle.com | November 8, 2017 2:07 am
USDCAD broke above the falling trend line on the 4-hour chart, indicating that the short term downtrend from 1.2916 had completed at 1.2700 already. Further rally would likely be seen and a break of 1.2825 could take...

USDJPY Daily Analysis – November 8, 2017

by ForexCycle.com | November 8, 2017 2:06 am
USDJPY moved sideways in a trading range between 112.95 and 114.73. The sideways movement is likely consolidation of the uptrend from 111.65. As long as the price is above 112.95 support, the uptrend could be expected to...

AUDUSD Daily Analysis – November 8, 2017

by ForexCycle.com | November 8, 2017 2:05 am
AUDUSD is facing 0.7624 support, a breakdown below this level could signal resumption of the downtrend from 0.7897 then further decline towards 0.7500 could be seen. Near term resistance is at 0.7670, a break of this level...