USDCAD Daily Analysis – February 1, 2017

by ForexCycle.com | February 1, 2017 3:17 am
USDCAD broke below 1.3018 support, indicating that the downtrend from 1.3598 has resumed. Further decline could be expected over th next several days, and next target would be at 1.2800 area. Near term resistance is at 1.3168,...

USDJPY Daily Analysis – February 1, 2017

by ForexCycle.com | February 1, 2017 3:17 am
USDJPY broke below 112.52 support, indicating that the downtrend from 118.66 (Dec 15, 2016 high) has resumed. Further decline could be expected over the next several days, and next target would be at 110.00 area. Near term...

GBPUSD Daily Analysis – February 1, 2017

by ForexCycle.com | February 1, 2017 3:16 am
GBPUSD is facing 1.2600 resistance, a break of this level will signal resumption of the uptrend from 1.1986, then further rise to 1.2800 area could be seen. Support is now at 1.2412, a breakdown below this level...

EURUSD Daily Analysis – February 1, 2017

by ForexCycle.com | February 1, 2017 3:15 am
After consolidation, EURUSD continued its upward movement from 1.0340 and the rise extended to as high as 1.0812. Further rise could be expected and next target would be at 1.0900 area. Key support is now at 1.0620,...

Sell CAD/JPY @ 86.430 By Signal Factory

by Signal Factory | February 1, 2017 1:45 am
Sell CAD/JPY @ 86.430 By Signal Factory | SL:86.830 | TP:85.630 | 2017.02.01 01:39 GMT Provided by signalfactory.com