USDCAD Daily Analysis – October 1, 2019

by ForexCycle.com | September 30, 2019 10:57 pm
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3309. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDJPY Daily Analysis – October 1, 2019

by ForexCycle.com | September 30, 2019 10:56 pm
USDJPY remains in the short term uptrend from 106.95. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue, further rise towards 108.47 resistance...

AUDUSD Daily Analysis – October 1, 2019

by ForexCycle.com | September 30, 2019 10:55 pm
AUDUSD moved sideways in a narrow rang between 0.6738 and 0.6780. As long as 0.6780 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.6894, further decline to 0.66700 area is still...

GBPUSD Daily Analysis – October 1, 2019

by ForexCycle.com | September 30, 2019 10:55 pm
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.2581. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

EURUSD Daily Analysis – October 1, 2019

by ForexCycle.com | September 30, 2019 10:54 pm
EURUSD extended its downside movement from 1.1109 to as low as 1.0884. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue, further decline...

USDCAD Daily Analysis – September 30, 2019

by ForexCycle.com | September 29, 2019 11:20 pm
USDCAD broke below 1.3230 support, indicating that the upside movement from 1.3133 had completed at 1.3309 already. Further decline could be expected and next target would be at 1.3150 area. Resistance is located at the falling trend...

USDJPY Daily Analysis – September 30, 2019

by ForexCycle.com | September 29, 2019 11:19 pm
USDJPY stays in a rising price channel on the 4-hour chart and remains in the short term uptrend from 106.95. As long as the channel support holds, further rise towards 108.47 resistance is still possible. However, a...

AUDUSD Daily Analysis – September 30, 2019

by ForexCycle.com | September 29, 2019 11:18 pm
AUDUSD remains in the downtrend from 0.6894, the bounce from 0.6738 is likely consolidation for the downtrend. As long as 0.6808 key resistance holds, the downside movement could be expected to continue and next target would be...

GBPUSD Daily Analysis – September 30, 2019

by ForexCycle.com | September 29, 2019 11:17 pm
GBPUSD extended its downside movement from 1.2581 to as low as 1.2270. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue, next target...

EURUSD Daily Analysis – September 30, 2019

by ForexCycle.com | September 29, 2019 11:17 pm
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1109. As long as the channel resistance holds, the bounce from 1.0904 could be treated as consolidation for the downtrend,...