USDJPY Daily Analysis – April 1, 2020

by ForexCycle.com | April 1, 2020 2:40 am
USDJPY moved sideways in a trading range between 107.12 and 108.72. As long as 108.72 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 111.71, a breakdown below 107.12 support could trigger...

AUDUSD Daily Analysis – April 1, 2020

by ForexCycle.com | April 1, 2020 2:39 am
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.5507. As long as the trend line support holds, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – April 1, 2020

by ForexCycle.com | April 1, 2020 2:38 am
GBPUSD stays in a rising trend line on the 4-hour chart and remains in the uptrend from 1.1409. As long as the trend line support holds, the upside movement could be expected to continue and next target...

EURUSD Daily Analysis – April 1, 2020

by ForexCycle.com | April 1, 2020 2:37 am
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.0635 had completed at 1.1147 completed. Further decline is still possible after consolidation and next target would be at 1.0800...