GBPUSD Daily Analysis – April 27, 2017

by ForexCycle.com | April 27, 2017 4:21 am
GBPUSD continued its sideways movement in a trading range between 1.2756 and 1.2904. Support is at 1.2700, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3000...

EURUSD Daily Analysis – April 27, 2017

by ForexCycle.com | April 27, 2017 4:21 am
EURUSD remains in uptrend from 1.0569, the fall from 1.0950 could be treated as consolidation of the uptrend. Support is at 1.0820, as long as this level holds, the uptrend could be expected to continue, and next...

How to Find a Forex Trading Strategy That Works For You

by ForexCycle.com | April 26, 2017 4:48 am
There are a lot of misconceptions around about forex trading. Most people hear mention of the word ‘trading, ’ and they assume that it must be very complex. In fact, you participate in the forex market every...

USDCAD Daily Analysis – April 26, 2017

by ForexCycle.com | April 26, 2017 2:22 am
USDCAD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.3223. As long as the pair is above the trend line, the uptrend could be expected to continue, and next target would...

USDJPY Daily Analysis – April 26, 2017

by ForexCycle.com | April 26, 2017 2:21 am
USDJPY’s upward movement from 108.13 extended to as high as 111.39. Further rise could be expected over the next several days, and next target would be at 112.00 area. Support levels are at 110.50 and 110.00, as...

GBPUSD Daily Analysis – April 26, 2017

by ForexCycle.com | April 26, 2017 2:20 am
GBPUSD moved sideways in a trading range between 1.2756 and 1.2904. Near term support is at 1.2700, as long as this level holds, the price action from 1.2904 could be treated as consolidation of the uptrend from...

EURUSD Daily Analysis – April 26, 2017

by ForexCycle.com | April 26, 2017 2:18 am
EURUSD’s upward movement from 1.0569 extended to as high as 1.0950. Key support is at 1.0820, as long as the pair is above this level, the uptrend could be expected to continue, and next target would be...

AUDUSD Daily Analysis – April 26, 2017

by ForexCycle.com | April 26, 2017 1:51 am
AUDUSD is forming a triangle pattern on 4-hour chart. Support is at 0.7491, a breakdown below this level will indicate that the downtrend from 0.7749 has resumed, then further following downward movement could bring price to 0.7400...

USDCAD Daily Analysis – April 25, 2017

by ForexCycle.com | April 25, 2017 3:04 am
USDCAD moved above 1.3535 resistance and reached as high as 1.3560. Further rise is still possible and next target would be at 1.3600 area. Near term support is at the ascending trend line on 4-hour chart, as...

USDJPY Daily Analysis – April 25, 2017

by ForexCycle.com | April 25, 2017 3:03 am
USDJPY stays in a ascending price channel on 4-hour chart and remains in short term uptrend from 108.13. As long as the pair is in the channel, the upward movement could be expected to continue, and next...