EURUSD Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:33 am
EURUSD failed to break below 1.1350 support, suggesting that the pair remains in the uptrend from 1.1302. Further rally to test 1.1455 resistance is possible, a breakout of this level could take the price to 1.1500 area....

Netflix (NFLX): When Bulls and Bears Collide

by ForexCycle.com | November 5, 2018 11:44 pm
You know that sometimes it’s easy to look at a price chart and think, “I know exactly where this market is headed!” But most times, it’s not that simple. We’ve been there, too. In this free video,...

USDCAD Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:06 am
USDCAD failed to break below the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782. Another rise could be expected and next target would be at 1.3250 area. Key...

USDJPY Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:05 am
USDJPY is facing 113.38 resistance, a breakout of this level could signal resumption of the uptrend from 111.37, then next target would be at 114.00 area. Support is at 112.55, only a breakdown below this level could...

AUDUSD Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:05 am
AUDUSD extended its upside movement from 0.7020 to as high as 0.7258. Further rise is still possible after consolidation and next target would be at 0.7300 area. Support is at 0.7150, a breakdown below this level would...

GBPUSD Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:04 am
GBPUSD remains in the uptrend from 1.2695, the pullback from 1.3040 is likely consolidation for the uptrend. Near term support is at 1.2880, as long as this level holds, the upside movement could be expected to continue...

EURUSD Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:04 am
EURUSD remains in the uptrend from 1.1302, the pullback from 1.1455 is likely consolidation for the uptrend. As long as 1.1350 support holds, the uptrend could be expected to resume and a break of 1.1455 resistance could...

USDCAD Weekly Analysis – November 3, 2018

by ForexCycle.com | November 3, 2018 4:04 am
USDCAD stays above a rising trend line on its daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Weekly Analysis – November 3, 2018

by ForexCycle.com | November 3, 2018 4:03 am
USDJPY failed to break below the bottom support trend line of the price channel on the daily chart, suggesting that the pair remains in the uptrend from 104.63 and another rise towards 115.50 resistance would likely be...

AUDUSD Weekly Analysis – November 3, 2018

by ForexCycle.com | November 3, 2018 4:02 am
AUDUSD is facing the resistance of the bearish trend line on the daily chart. As long as the trend line resistance holds, the bounce from 0.7020 could be treated as consolidation for the downtrend from 0.8135 and...