USDJPY Daily Analysis – September 28, 2017

by ForexCycle.com | September 28, 2017 2:46 am
USDJPY’s upside movement from 107.31 extended to as high as 113.25. Further rise could be expected and next target would be at 114.00 area. Key support is at 111.47, only a breakdown below this level would indicate...

AUDUSD Daily Analysis – September 28, 2017

by ForexCycle.com | September 28, 2017 2:45 am
AUDUSD is now facing the 0.7807 support, a breakdown below this level would confirm that the uptrend from 0.7328 (May 9 low) had completed at 0.8124 already, then the pair would find next support at the resistance-turned-support...

GBPUSD Daily Analysis – September 28, 2017

by ForexCycle.com | September 28, 2017 2:44 am
GBPUSD broke below the bullish trend line on the 4-hour chart, indicating that the upside movement from 1.2774 had completed at 1.3652 already. Further decline could be expected after a minor consolidation and next target would be...

EURUSD Daily Analysis – September 28, 2017

by ForexCycle.com | September 28, 2017 2:43 am
EURUSD extended its downside movement from 1.2092 to as low as 1.1717. Further decline to test 1.1662 support could be expected in the coming days. As long as this level holds, the fall from 1.2092 could be...

NZDUSD Moves In Falling Price Channel

by ForexCycle.com | September 27, 2017 6:40 am
NZDUSD stays in a falling price channel on its 4-hour chart, suggest that the pair remains in the downtrend from 0.7428. As long as the as the price is in the channel, the downside move could be...

USDCAD Daily Analysis – September 27, 2017

by ForexCycle.com | September 27, 2017 1:24 am
USDCAD continued its short term uptrend from 1.2061 and the rise extended to as high as 1.2413, facing the resistance of the top trend line of the price channel on the daily chart. Near term support is...

USDJPY Daily Analysis – September 27, 2017

by ForexCycle.com | September 27, 2017 1:23 am
USDJPY moved sideways in a trading range between 111.47 and 112.71. The sideways movement is likely consolidation of the uptrend from 107.31. A break of 112.71 resistance could trigger another rise towards 114.00. Near term support is...

AUDUSD Daily Analysis – September 27, 2017

by ForexCycle.com | September 27, 2017 1:23 am
AUDUSD extended its downside movement from 0.8124 to as low as 0.7859. Deeper decline to test 0.7807 support would likely be seen in a couple of days. Below this level could confirm that the uptrend from 0.7328...

GBPUSD Daily Analysis – September 27, 2017

by ForexCycle.com | September 27, 2017 1:22 am
GBPUSD is facing the support of the bullish trend line on the 4-hour chart. A clear break below the trend line support will indicate the upside movement from 1.2774 had completed at 1.3652 already, then the following...