AUDUSD Daily Analysis – January 31, 2017

by ForexCycle.com | January 31, 2017 1:45 am
No changed in our view, AUDUSD remains in uptrend from 0.7159. As long as 0.7493 support holds, the fall from 0.7608 could be treated as consolidation of the uptrend. Further rise would likely be seen after consolidation...

GBPUSD Daily Analysis – January 31, 2017

by ForexCycle.com | January 31, 2017 1:44 am
GBPUSD broke bellow the bottom of the price channel on 4-hour chart, indicating that the uptrend from 1.1986 had completed at 1.2673 already. Deeper decline would likely be seen in a couple of days, and next target...

EURUSD Daily Analysis – January 31, 2017

by ForexCycle.com | January 31, 2017 1:43 am
EURUSD broke below the upward trend line on 4-hour chart. However as long as 1.0588 support holds, the fall from 1.0774 would possibly be consolidation of the uptrend from 1.0340, and further rise to 1.0900 area is...

USDCAD Daily Analysis – January 30, 2017

by ForexCycle.com | January 30, 2017 2:43 am
Being contained by 1.3018 support, USDCAD rebounded from 1.3053. However, the bounce is likely consolidation of the downtrend from 1.3387, further decline to 1.2900 area is still possible after consolidation. Resistance is at 1.3230, only break above...

GBPUSD Daily Analysis – January 30, 2017

by ForexCycle.com | January 30, 2017 2:43 am
GBPUSD stays in the upward price channel on 4-hour chart, and remains in uptrend from 1.1986. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.2800...

EURUSD Daily Analysis – January 30, 2017

by ForexCycle.com | January 30, 2017 2:42 am
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.0340, and the fall from 1.0774 could be treated as consolidation of the uptrend. As long as the trend line support holds,...

USDCAD Weekly Analysis – January 29, 2017

by ForexCycle.com | January 29, 2017 7:10 am
USDCAD is testing that support of the bottom of the price channel on daily chart. As long as the channel support holds, the price action from 1.3588 could be treated as consolidation of the uptrend from 1.2460...

USDJPY Weekly Analysis – January 29, 2017

by ForexCycle.com | January 29, 2017 7:09 am
USDJPY remains in uptrend from 98.97 (Jun 24, 2016 low), the fall from 118.66 is likely consolidation of the uptrend. Range trading between 110.00 and 118.66 could be expected over the next several weeks. Support is at...

AUDUSD Weekly Analysis – January 29, 2017

by ForexCycle.com | January 29, 2017 7:09 am
AUDUSD remains in uptrend from 0.7158. Further rise is possible over the next several weeks, and next target would be at 0.8000 area. Support is at 0.7300, only break below this level could trigger another fall towards...

GBPUSD Weekly Analysis – January 29, 2017

by ForexCycle.com | January 29, 2017 7:08 am
GBPUSD is facing 1.2774 resistance. As long as this level holds, the price action in the trading range between 1.1946 and 1.2774 could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.1500...