USDCAD Daily Analysis – September 1, 2017

by ForexCycle.com | September 1, 2017 1:22 am
USDCAD stays in a trading range between 1.2413 and 1.2778. The key resistance is at 1.2778, as long as this level holds, the price action in the trading range could be treated as consolidation of the downtrend...

USDJPY Daily Analysis – September 1, 2017

by ForexCycle.com | September 1, 2017 1:20 am
USDJPY moved sideways in a trading range between 108.26 and 110.94. As long as 110.94 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 114.49 (Jul 11 high), and another fall to...

AUDUSD Daily Analysis – September 1, 2017

by ForexCycle.com | September 1, 2017 1:20 am
AUDUSD failed to break below 0.7866 support and moved sideways in a trading range between 0.7866 and 0.7995. As long as 0.7866 support holds, the sideways movement could be treated as consolidation of the uptrend from 0.7807...

GBPUSD Daily Analysis – September 1, 2017

by ForexCycle.com | September 1, 2017 1:19 am
GBPUSD’s fall from 1.2978 extended to as low as 1.2852, the subsequent bounce is likely resumption of the uptrend from 1.2774. Further rise to test 1.3030 resistance is possible in the coming days. Support levels are at...

EURUSD Daily Analysis – September 1, 2017

by ForexCycle.com | September 1, 2017 1:18 am
After touching the bullish trend line on the 4-hour chart, EURUSD rebounded from 1.1823, indicating that the pair remains in the uptrend from 1.1662. Further rally would likely be seen and next target would be at 1.2000...