GBPUSD Daily Analysis – June 26, 2019

by ForexCycle.com | June 26, 2019 5:22 am
GBPUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.2505 had completed at 1.2783 already. Further decline could be expected over the next several days and next target would...

EURUSD Daily Analysis – June 26, 2019

by ForexCycle.com | June 26, 2019 5:16 am
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.1181 had completed at 1.1412 already. Range trading between 1.1280 and 1.1412 would likely be seen over the next several...

USDCAD Daily Analysis – June 25, 2019

by ForexCycle.com | June 25, 2019 3:37 am
USDCAD moved sideways in a trading range between 1.3150 and 1.3228. As long as 1.3228 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.3432, further decline to 1.3100...

USDJPY Daily Analysis – June 25, 2019

by ForexCycle.com | June 25, 2019 3:37 am
USDJPY broke below 107.04 support, suggesting that the downtrend from 108.80 has resumed. Further decline could be expected in the coming days and next target would be at 106.50 area. Key resistance is at 107.73, only break...

AUDUSD Daily Analysis – June 25, 2019

by ForexCycle.com | June 25, 2019 3:36 am
AUDUSD’s upside movement from 0.6831 extended to as high as 0.6972. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – June 25, 2019

by ForexCycle.com | June 25, 2019 3:35 am
GBPUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2505. As long as the trend line support holds, the uptrend could be expected to continue and next target would...

EURUSD Daily Analysis – June 25, 2019

by ForexCycle.com | June 25, 2019 3:34 am
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1181. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – June 24, 2019

by ForexCycle.com | June 24, 2019 4:43 am
USDCAD is in consolidation for the downtrend from 1.3432. Range trading between 1.3150 and 1.3228 would likely be seen in a couple of days. As long as 1.3228 resistance holds, the downside movement could be expected to...

USDJPY Daily Analysis – June 24, 2019

by ForexCycle.com | June 24, 2019 4:43 am
USDJPY’s downside movement from 108.80 extended to as low as 107.04. Deeper decline is still possible after consolidation and next target would be at 106.50 area. Resistance is at 107.73, a break of this level would indicate...

AUDUSD Daily Analysis – June 24, 2019

by ForexCycle.com | June 24, 2019 4:42 am
AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.6831. As long as the trend line support holds, the upside movement could be expected to continue and next target...