EURUSD Daily Analysis – September 28, 2018

by ForexCycle.com | September 28, 2018 2:42 am
EURUSD broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the upside movement from 1.1526 had completed at 1.1815 already. Further decline would likely be seen in a couple...

USDCAD Daily Analysis – September 27, 2018

by ForexCycle.com | September 27, 2018 2:57 am
USDCAD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.3226 had completed at 1.2884 already. The pair is now facing 1.3064 resistance, a breakout of this level could trigger...

USDJPY Daily Analysis – September 27, 2018

by ForexCycle.com | September 27, 2018 2:56 am
Being contained by 113.17 (Jul 19 high) resistance, USDJPY pulled back sharply from 113.13, breaking below the rising trend line on the 4-hour chart. Deeper decline to test 112.39 support is possible in the coming days. However...

AUDUSD Daily Analysis – September 27, 2018

by ForexCycle.com | September 27, 2018 2:56 am
AUDUSD is facing 0.7236 support, a breakdown below this level would indicate that the upside movement from 0.7085 had completed at 0.7314 already, then further decline to 1.7150 area could be seen. On the upside, as long...

GBPUSD Daily Analysis – September 27, 2018

by ForexCycle.com | September 27, 2018 2:55 am
No changed in our view, GBPUSD remains in the downtrend from 1.3298, the bounce from 1.3054 is likely correction for the downtrend. Near term support is at the bottom of the price channel on the 4-hour chart....

EURUSD Daily Analysis – September 27, 2018

by ForexCycle.com | September 27, 2018 2:55 am
EURUSD is facing the support of the price channel on the 4-hour chart. A clear break below the channel support would suggest that the upside movement from 1.1526 had completed at 1.1815 already, then the pair would...

USDCAD Daily Analysis – September 26, 2018

by ForexCycle.com | September 26, 2018 4:13 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 1.2884 could be treated as consolidation for the downtrend from 1.3226 and another fall...

USDJPY Daily Analysis – September 26, 2018

by ForexCycle.com | September 26, 2018 4:13 am
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 110.38. As long as the trend line support holds, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – September 26, 2018

by ForexCycle.com | September 26, 2018 4:12 am
AUDUSD remains in the uptrend from 0.7085, the pullback from 0.7303 is likely consolidation for the uptrend. Near term support is at 0.7236, followed by 0.7200, as long as these levels holds, the upside movement could be...

GBPUSD Daily Analysis – September 26, 2018

by ForexCycle.com | September 26, 2018 4:12 am
GBPUSD remains in the downtrend from 1.3298, the bounce from 1.3054 is likely corrective consolidation for the downtrend. Near term resistance is at 1.3200, as long as this level holds, another fall could be expected after the...