EURUSD Weekly Analysis – October 30, 2016

by ForexCycle.com | October 30, 2016 3:04 am
EURUSD’s downward movement from 1.1366 extended to as low as 1.0851. Further decline is till possible after a minor consolidation, and next target would be at 1.0600 area. Resistance is at 1.1060, only break above this level...

USDJPY Daily Analysis – October 28, 2016

by ForexCycle.com | October 28, 2016 3:24 am
USDJPY’s upward movement from 103.16 extended to as high as 105.34. Near term support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend could be expected to...

AUDUSD Daily Analysis – October 28, 2016

by ForexCycle.com | October 28, 2016 3:23 am
AUDUSD’s downward movement from 0.7734 extended to as low as 0.7579. Further decline could be expected in a couple of days, and the target would be at 0.7540 area.

EURUSD Daily Analysis – October 28, 2016

by ForexCycle.com | October 28, 2016 3:22 am
EURUSD is facing the resistance of the downward price channel on 4-hour chart. As long as the channel resistance holds, the downtrend from 1.1279 could be expected to continue, and further decline to 1.0700 area is still...

4 Incredible Market Forecasts You Have to See to Believe

by ForexCycle.com | October 27, 2016 4:03 am
Consider the common thread among these four market calls: Forecast 1: A two-month, double-digit rally in a blue-chip stock index, even as investor sentiment hit a negative extreme last seen at the epic market lows of March...

USDCAD Daily Analysis – October 27, 2016

by ForexCycle.com | October 27, 2016 4:01 am
USDCAD is facing 1.3397 resistance, a break of this level will signal resumption of the uptrend from 1.3005, then next target would be at 1.3600 area. Support is at 1.3276, only break below this level will indicate...

AUDUSD Daily Analysis – October 27, 2016

by ForexCycle.com | October 27, 2016 4:00 am
AUDUSD failed to break above 0.7734 resistance, indicating that the pair remains in downtrend from 0.7734. Deeper decline would likely be seen and the target would be at 0.7500 area.

EURUSD Daily Analysis – October 27, 2016

by ForexCycle.com | October 27, 2016 4:00 am
EURUSD stays in the downward price channel on 4-hour chart and remains in downtrend from 1.1279. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 1.0700...

USDJPY Daily Analysis – October 26, 2016

by ForexCycle.com | October 26, 2016 2:12 am
USDJPY broke above 104.63 resistance, indicating that the uptrend from 100.08 has resumed. Further rise could be expected in a couple of days, and next target would be at 106.00 area. Support is at 103.75, only break...

AUDUSD Daily Analysis – October 26, 2016

by ForexCycle.com | October 26, 2016 2:11 am
AUDUSD broke above 0.7650 resistance, indicating that the downward movement from 0.7734 had completed at 0.7587 already. Further rise could be expected over the next several days, and next target would be at 0.7800 area. Support is...