GBPUSD Daily Analysis – August 27, 2018

by ForexCycle.com | August 27, 2018 1:55 am
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3362. A breakdown below 1.2798 support could trigger further downside movement towards 1.2661 previous low. Only a clear break above...

EURUSD Daily Analysis – August 27, 2018

by ForexCycle.com | August 27, 2018 1:54 am
EURUSD failed to break below the bullish trend line on the 4-hour chart and extended its upside movement from 1.1301 to as high as 1.1653. As long as the trend line support holds, the upside movement could...

USDCAD Weekly Analysis – August 26, 2018

by ForexCycle.com | August 26, 2018 5:58 am
USDCAD stays below a falling trend line on the daily chart and remains in the downtrend from 1.3385. As long as the trend line resistance holds, the price action from 1.2961 could be treated as consolidation for...

USDJPY Weekly Analysis – August 26, 2018

by ForexCycle.com | August 26, 2018 5:57 am
USDJPY stays in a falling price channel on the daily chart and remains in the downtrend from 113.17. As long as the channel resistance holds, the bounce from 109.77 could be treated as consolidation for the downtrend...

AUDUSD Weekly Analysis – August 26, 2018

by ForexCycle.com | August 26, 2018 5:57 am
AUDUSD remains in the downtrend from 0.8135, the price action from 0.7202 is likely consolidation for the downtrend. As long as the price is below the falling trend line on the daily chart, the downside movement could...

GBPUSD Weekly Analysis – August 26, 2018

by ForexCycle.com | August 26, 2018 5:56 am
GBPUSD stays below a falling trend line on the daily chart and remains in the downtrend from 1.4376. As long as the trend line resistance holds, the bounce from 1.2661 could be treated as consolidation for the...

EURUSD Weekly Analysis – August 26, 2018

by ForexCycle.com | August 26, 2018 5:56 am
EURUSD broke above 1.1550 resistance, suggesting that consolidation for the downside movement from 1.2555 is underway. Near term resistance is at the top trend line of the price channel on the daily chart. As long as the...

Cryptos: 5 Simple Strategies to Catch the Next Opportunity

by ForexCycle.com | August 24, 2018 10:18 pm
The key to success in cryptos is to approach this wild market in a way that insulates you from the hype, frenzy and rumors — and helps you act when others flounder. How? By using a proven...

USDCAD Daily Analysis – August 24, 2018

by ForexCycle.com | August 24, 2018 4:05 am
USDCAD broke above 1.3057 resistance, suggesting that the downside move from 1.3174 had completed at 1.2986 already. Further rally would likely be seen in a couple of days and next target would be at 1.3170 area. Support...

USDJPY Daily Analysis – August 24, 2018

by ForexCycle.com | August 24, 2018 4:04 am
USDJPY’s upside movement from 109.77 extended to as high as 110.46, breaking above the falling trend line on the 4-hour chart. Further rally would likely be seen in a couple of days and next target would be...