AUDUSD Daily Analysis – November 26, 2018

by ForexCycle.com | November 26, 2018 3:38 am
AUDUSD moved sideways in a trading range between 0.7201 and 0.7277. As long as 0.7277 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.7337 and a breakdown below 0.7201 support could...

GBPUSD Daily Analysis – November 26, 2018

by ForexCycle.com | November 26, 2018 3:38 am
GBPUSD failed to break above the falling trend line on the 4-hour chart and pulled back from 1.2927, suggesting that the pair remains in the downtrend from 1.3174. Another fall to test 1.2695 support would likely be...

EURUSD Daily Analysis – November 26, 2018

by ForexCycle.com | November 26, 2018 3:37 am
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.1215 had completed at 1.1472 already. The pair is now in downtrend, further decline could be expected and next target...

USDCAD Weekly Analysis – November 24, 2018

by ForexCycle.com | November 24, 2018 3:25 am
USDCAD extended its upside movement from 1.2782 to as high as 1.3317. As long as the price is above the bullish trend line on the daily chart, the upside movement could be expected to continue and next...

USDJPY Weekly Analysis – November 24, 2018

by ForexCycle.com | November 24, 2018 3:24 am
USDJPY moved sideways in a trading range between 111.37 and 114.54. As long as the price is in the rising price channel on the daily chart, the sideways movement could be treated as consolidation for the uptrend...

AUDUSD Weekly Analysis – November 24, 2018

by ForexCycle.com | November 24, 2018 3:23 am
AUDUSD extended its upside movement from 0.7020 to as high as 0.7337. Support is at 0.7160, as long as this level holds, the upside movement could be expected to continue and next target would be at 0.7500...

GBPUSD Weekly Analysis – November 24, 2018

by ForexCycle.com | November 24, 2018 3:23 am
GBPUSD moved sideways in a trading range between 1.2661 and 1.3298. The sideways movement is likely consolidation for the downtrend from 1.4376, a breakdown below 1.2661 support could trigger further downside movement towards 1.2300. Near term resistance...

EURUSD Weekly Analysis – November 24, 2018

by ForexCycle.com | November 24, 2018 3:22 am
EURUSD remains in the downtrend from 1.1815, the bounce from 1.1215 is likely consolidation for the downtrend. As long as 1.1500 key resistance holds, the downside movement could be expected to continue and next target would be...

Top 5 Tips For A Winning Trading Strategy

by ForexCycle.com | November 23, 2018 1:13 pm
A profitable trading strategy is the single most important thing that any trader must have when trying to earn money through Forex trading. Without a proven, successful trading strategy you will never be able to make any...

USDCAD Daily Analysis – November 23, 2018

by ForexCycle.com | November 23, 2018 3:44 am
USDCAD is facing the channel support once again. A breakdown below the channel support would indicate that the upside movement from 1.2782 had completed at 1.3317 already, then further decline towards 1.2950 area could be seen. On...