USDJPY Daily Analysis – September 19, 2018

by ForexCycle.com | September 19, 2018 1:59 am
USDJPY extended its upside movement from 110.38 to as high as 112.39. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...

AUDUSD Daily Analysis – September 19, 2018

by ForexCycle.com | September 19, 2018 1:59 am
AUDUSD is facing 0.7235 resistance once again, a breakout of this level could trigger further upside movement towards 0.7300. Near term support is at 0.7190, a breakdown below this level could bring the price back towards 0.7141...

GBPUSD Daily Analysis – September 19, 2018

by ForexCycle.com | September 19, 2018 1:58 am
GBPUSD’s upside movement from 1.2785 extended to as high as 1.3175. Near term support is at the bottom of the rising price channel on the 4-hour chart. As long as the channel support holds, the upside movement...

EURUSD Daily Analysis – September 19, 2018

by ForexCycle.com | September 19, 2018 1:58 am
EURUSD failed in its attempt to break above 1.1733 resistance once again. However, the pair stays above a rising trend line on its 4-hour chart, suggesting that it remains in the uptrend from 1.1526. As long as...

USDCAD Daily Analysis – September 18, 2018

by ForexCycle.com | September 18, 2018 4:23 am
USDCAD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the downside movement from 1.3226 had completed at 1.2975 already. Further rally is possible in a couple of days and...

USDJPY Daily Analysis – September 18, 2018

by ForexCycle.com | September 18, 2018 4:20 am
USDJPY extended its upside movement to as high as 112.16. 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 a breakout of...

AUDUSD Daily Analysis – September 18, 2018

by ForexCycle.com | September 18, 2018 4:20 am
AUDUSD moved sideways in a trading range between 0.7141 and 0.7235. Near term support is at 0.7141, a breakdown below this level could trigger another fall towards 0.7100. Resistance is at 0.7235, a breakout of this level...

GBPUSD Daily Analysis – September 18, 2018

by ForexCycle.com | September 18, 2018 4:19 am
GBPUSD extended its upside movement from 1.2785 to as high as 1.3164. 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...

EURUSD Daily Analysis – September 18, 2018

by ForexCycle.com | September 18, 2018 4:18 am
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1526. Another rise to test 1.1733 resistance could be expected, a breakout of this level could take the price to...

USDCAD Daily Analysis – September 17, 2018

by ForexCycle.com | September 17, 2018 1:51 am
USDCAD is facing the resistance of the price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2975 could be treated as consolidation for the downtrend from 1.3226 and further decline...