AUDUSD Daily Analysis – November 6, 2017

by ForexCycle.com | November 6, 2017 1:38 am
AUDUSD pulled back to 0.7640 area after touching 0.7718 resistance, indicating that the pair remains in the downtrend from 0.8124 (Sep 8 high). A breakdown below 0.7624 support could signal resumption of the downtrend, then next target...

GBPUSD Daily Analysis – November 6, 2017

by ForexCycle.com | November 6, 2017 1:38 am
GBPUSD continued its sideways movement in a trading range between 1.3027 and 1.3337. The price is now facing 1.3027 support, a breakdown below this level could take price to next support level at 1.2774. Near term resistance...

EURUSD Daily Analysis – November 6, 2017

by ForexCycle.com | November 6, 2017 1:37 am
EURUSD is in consolidation of the downtrend from 1.2092 (Sep 8 high). Range trading between 1.1574 and 1.1725 would likely be seen in the coming days. As long as the support-turned-resistance level of 1.1725 holds, the downside...

USDCAD Weekly Analysis – November 5, 2017

by ForexCycle.com | November 5, 2017 6:18 am
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2061. As long as the price is above the trend line, the fall from 1.2916 could be treated as consolidation...

USDJPY Weekly Analysis – November 5, 2017

by ForexCycle.com | November 5, 2017 6:18 am
USDJPY remains in the uptrend from 107.31. Further rise to test 115.50 key resistance is possible next week. Above this level could signal resumption of the long term uptrend from 98.97 (Jun 24, 2016 low), then next...

AUDUSD Weekly Analysis – November 5, 2017

by ForexCycle.com | November 5, 2017 6:17 am
AUDUSD stays below a bearish trend line on daily chart and remains in the downtrend from 0.8124. As long as the price is below the trend line, the rise from 0.7624 could be treated as consolidation of...

GBPUSD Weekly Analysis – November 5, 2017

by ForexCycle.com | November 5, 2017 6:16 am
GBPUSD is facing the support of the rising trend line on the daily chart. A clear break below the trend line support could take price to next support level at 1.2774. Below this level will confirm that...

EURUSD Weekly Analysis – November 5, 2017

by ForexCycle.com | November 5, 2017 6:15 am
EURUSD is now in downtrend from 1.2092. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected to continue and next target would be at the...

USDCAD Daily Analysis – November 3, 2017

by ForexCycle.com | November 3, 2017 12:56 am
USDCAD moved sideways in a trading range between 1.2780 and 1.2916. As long as 1.2780 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.2433, and another rise towards 1.3100 could be...

USDJPY Daily Analysis – November 3, 2017

by ForexCycle.com | November 3, 2017 12:55 am
USDJPY stays in a trading range between 112.95 and 114.45. As long as the price is above 112.95, the sideways movement in the range could be treated as consolidation of the uptrend 111.65, and another rise towards...