EURUSD Daily Analysis – July 2, 2019

by ForexCycle.com | July 2, 2019 1:42 am
EURUSD broke below 1.1344 support and extended its downside movement from 1.1412 to as low as 1.1284. Further decline could be expected and next target would be at 1.1240 area. Near term resistance is at 1.1320, a...

USDCAD Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:14 am
USDCAD extended its downside movement from 1.3228 to as low as 1.3059. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next...

USDJPY Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:13 am
USDJPY’s upside movement from 106.77 extended to as high as 108.50. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:12 am
AUDUSD’s upside movement from 0.6831 extended to as high as 0.7034. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:12 am
No changed in our view, GBPUSD remains in the downtrend from 1.2783. Further decline would likely be seen in the coming days and next target would be at 1.2550 area. Resistance is at 1.2725, only break above...

EURUSD Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:11 am
EURUSD stays in a trading range between 1.1344 and 1.1412. As long as the price is above 1.1344 support, the price action in the range could be treated as consolidation for the uptrend from 1.1181, another rise...

USDCAD Weekly Analysis – June 30, 2019

by ForexCycle.com | June 30, 2019 3:04 am
USDCAD extended its downside movement from 1.3564 to as low as 1.3059, breaking below 1.3068 support. Further decline could be expected after a minor consolidation and next target would be at 1.2950 area. Near term resistance is...

USDJPY Weekly Analysis – June 30, 2019

by ForexCycle.com | June 30, 2019 3:03 am
USDJPY’s downside movement from 112.40 extended to as low as 106.77. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next target...

AUDUSD Weekly Analysis – June 30, 2019

by ForexCycle.com | June 30, 2019 3:02 am
AUDUSD broke above the falling trend line on the daily chart, suggesting that the downside movement from 0.7205 had completed at 0.6831 already. Further rally could be expected after a minor consolidation and next target would be...

GBPUSD Weekly Analysis – June 30, 2019

by ForexCycle.com | June 30, 2019 3:01 am
After touching 1.2762 resistance, GBPUSD pulled back from 1.2783, suggesting that the pair remains in the downtrend from 1.3381. Further decline towards 1.2400 is still possible over the next several weeks. Only a clear break above 1.2762...