EURUSD Daily Analysis – July 3, 2019

by ForexCycle.com | July 3, 2019 6:17 am
EURUSD remains in the downtrend from 1.1412, the bounce from 1.1275 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and next target would be at 1.1240 area. Resistance is at 1.1321,...

USDCAD Daily Analysis – July 2, 2019

by ForexCycle.com | July 2, 2019 1:45 am
USDCAD broke above the top of the price channel on the 4-hour chart, suggesting that the downside movement from 1.3228 had completed at 1.3059 already. Further rally would likely be seen in the coming days and next...

USDJPY Daily Analysis – July 2, 2019

by ForexCycle.com | July 2, 2019 1:45 am
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 106.77. As long as the trend line support holds, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – July 2, 2019

by ForexCycle.com | July 2, 2019 1:44 am
AUDUSD broke below the bottom of the price channel on the 4-hour chart, suggesting that the upside movement from 0.6831 had completed at 0.7034 already. Further decline is still possible after a minor consolidation and next target...

GBPUSD Daily Analysis – July 2, 2019

by ForexCycle.com | July 2, 2019 1:43 am
GBPUSD extended its downside movement from 1.2783 to as low as 1.2631. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...

EURUSD Daily Analysis – July 2, 2019

by ForexCycle.com | July 2, 2019 1:42 am
EURUSD broke below 1.1344 support and extended its downside movement from 1.1412 to as low as 1.1284. Further decline could be expected and next target would be at 1.1240 area. Near term resistance is at 1.1320, a...

USDCAD Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:14 am
USDCAD extended its downside movement from 1.3228 to as low as 1.3059. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next...

USDJPY Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:13 am
USDJPY’s upside movement from 106.77 extended to as high as 108.50. 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...

AUDUSD Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:12 am
AUDUSD’s upside movement from 0.6831 extended to as high as 0.7034. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:12 am
No changed in our view, GBPUSD remains in the downtrend from 1.2783. Further decline would likely be seen in the coming days and next target would be at 1.2550 area. Resistance is at 1.2725, only break above...