USDJPY Daily Analysis – August 1, 2018

by ForexCycle.com | August 1, 2018 3:56 am
USDJPY broke above 111.54 resistance, suggesting that the downside movement from 113.17 had completed at 110.58 already. Further rally is still possible and next target would be at 112.40 area. Support is at 111.25, only break below...

AUDUSD Daily Analysis – August 1, 2018

by ForexCycle.com | August 1, 2018 3:56 am
AUDUSD continued its sideways movement in a trading range between 0.7310 and 0.7483. Another fall towards 0.7330 is possible in the coming days. Resistance is at the falling trend line on the 4-hour chart, a clear break...

GBPUSD Daily Analysis – August 1, 2018

by ForexCycle.com | August 1, 2018 3:55 am
GBPUSD moved sideways in a trading range between 1.3070 and 1.3213. As long as 1.3070 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.2957 and another rise towards 1.3300 could be...

EURUSD Daily Analysis – August 1, 2018

by ForexCycle.com | August 1, 2018 3:55 am
EURUSD continued its sideways movement in a triangle pattern on its 4-hour chart. Resistance is at the top trend line of the pattern, a clear break above could take the price to 1.1900 area, followed by 1.2000....