USDJPY Weekly Analysis – November 3, 2019

by ForexCycle.com | November 3, 2019 9:04 am
USDJPY remains in the uptrend from 104.44, as long as the price is in the rising price channel on the daily chart, the pullback from 109.28 could be treated as consolidation for the uptrend, further rise to...

AUDUSD Weekly Analysis – November 3, 2019

by ForexCycle.com | November 3, 2019 9:03 am
AUDUSD is facing the resistance of the falling trend line on the daily chart. A break of the trend line resistance would indicate that the downside movement from 0.7295 had completed at 0.6670 already, then next target...

GBPUSD Weekly Analysis – November 3, 2019

by ForexCycle.com | November 3, 2019 9:02 am
No changed in our view, GBPUSD remains in the uptrend from 1.1958, as long as 1.2745 support holds, the pullback from 1.3012 could be treated as consolidation for the uptrend, further rise to 1.3250 area is possible...

EURUSD Weekly Analysis – November 3, 2019

by ForexCycle.com | November 3, 2019 8:59 am
EURUSD remains in the uptrend from 1.0879, as long as 1.1050 support holds, the uptrend could be expected to continue and next target would be at 1.1250 area. On the downside, a breakdown below 1.1050 support would...

USDCAD Daily Analysis – November 1, 2019

by ForexCycle.com | November 1, 2019 4:24 am
USDCAD remains in the uptrend from 1.3041, the pullback from 1.3207 is likely corrective consolidation for the uptrend. As long as 1.3135 support holds, the uptrend could be expected to resume, further rise to 1.3270 area is...

USDJPY Daily Analysis – November 1, 2019

by ForexCycle.com | November 1, 2019 4:23 am
USDJPY extended its downside movement from 109.28 to as low as 107.88, breaking below 108.25 support. Further decline is still possible after a minor consolidation and next target would be at 107.50 area. Near term resistance is...

AUDUSD Daily Analysis – November 1, 2019

by ForexCycle.com | November 1, 2019 4:22 am
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6809. As long as the trend line support holds, the pullback from 0.6929 could be treated as consolidation for the...

GBPUSD Daily Analysis – November 1, 2019

by ForexCycle.com | November 1, 2019 4:22 am
GBPUSD’s upside movement from 1.2788 extended to as high as 1.2975. 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...

EURUSD Daily Analysis – November 1, 2019

by ForexCycle.com | November 1, 2019 4:21 am
EURUSD is facing 1.1179 resistance, a break of this level would indicate that the uptrend from 1.0879 has resumed, then further rise to 1.1250 area could be seen. Near term support is at 1.1130, below this level...