GBPUSD Weekly Analysis – July 30, 2017

by ForexCycle.com | July 30, 2017 3:13 am
GBPUSD’s upside movement from 1.2589 extended to as high as 1.3158. Further rise could be expected and next target would be at 1.3500 area. Near term support is at 1.2811, only a breakdown below this level could...

EURUSD Weekly Analysis – July 30, 2017

by ForexCycle.com | July 30, 2017 3:12 am
EURUSD extended its bullish movement from 1.0569 to as high as 1.1776. As long as the pair is above the bullish trend line on the daily chart, the uptrend could be expected to continue and next target...

3 charts, 3 forecasts, in 7 fast minutes

by ForexCycle.com | July 27, 2017 9:32 am
By Elliott Wave International See just how much you can learn from three simple charts. Oil, gold, ETFs & more: FREE pro-grade forecasts Are you paying attention to commodities? You should be. Major moves in oil, gold...

USDCAD Daily Analysis – July 27, 2017

by ForexCycle.com | July 27, 2017 9:00 am
USDCAD broke below the important support at 1.2460 (May 2016 low), confirming that the long term downtrend from 1.4689 (Jan 20, 2016 high) has resumed. Further decline could be expected after correction and the long term target...

USDJPY Daily Analysis – July 27, 2017

by ForexCycle.com | July 27, 2017 8:59 am
USDJPY failed to break above 112.41 resistance and pulled back to 110.80 area, facing the 110.62 support. As long as 110.62 support holds, the fall could be treated as correction of the uptrend from 110.62 and another...

AUDUSD Daily Analysis – July 27, 2017

by ForexCycle.com | July 27, 2017 8:59 am
After a sideways consolidation, AUDUSD broke above 0.7989 resistance and continued its bullish movement from 0.7571, and the rise extended to as high as 0.8065. Further rise could be expected and next target would be at 0.8150...

GBPUSD Daily Analysis – July 27, 2017

by ForexCycle.com | July 27, 2017 8:58 am
After consolidation, GBPUSD continued its upside movement from 1.2589 and reached as high as 1.3156. Further rise is still possible and next target would be at 1.3200 area. Support is now at the rising trend line on...

EURUSD Daily Analysis – July 27, 2017

by ForexCycle.com | July 27, 2017 8:58 am
EURUSD’s bullish movement extended to as high as 1.1776. Near term support is at the rising trend line on the 4-hour chart. As long as the trend line support holds, the uptrend could be expected to continue...

USDCAD Daily Analysis – July 26, 2017

by ForexCycle.com | July 26, 2017 3:56 am
USDCAD remains in downtrend from 1.3347. As long as the pair is below the falling trend line the 4-hour chart, the downside movement could be expected to continue and further decline to test the important support at...