USDCAD Daily Analysis – November 22, 2019

by ForexCycle.com | November 22, 2019 3:09 am
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3041. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Daily Analysis – November 22, 2019

by ForexCycle.com | November 22, 2019 3:08 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 106.48. As long as the channel support holds, the uptrend could be expected to resume and one more rise towards...

AUDUSD Daily Analysis – November 22, 2019

by ForexCycle.com | November 22, 2019 3:07 am
AUDUSD continued its sideways movement in a trading range between 0.6769 and 0.6840. As long as 0.6840 resistance holds, the downside movement from 0.6929 could be expected to resume, and further decline to 0.6700 area is still...

GBPUSD Daily Analysis – November 22, 2019

by ForexCycle.com | November 22, 2019 3:06 am
GBPUSD broke below the rising price channel on the 4-hour chart, and is now facing 1.2886 key support, a breakdown below this level would confirm that the upside movement from 1.2768 had completed at 1.2985 already, then...

EURUSD Daily Analysis – November 22, 2019

by ForexCycle.com | November 22, 2019 3:06 am
EURUSD’s upside movement from 1.0989 extended to as high as 1.1097. As long as 1.1053 support holds, the upside movement could be expected to continue and next target would be at 1.1150 area. Only a breakdown below...

USDCAD Daily Analysis – November 21, 2019

by ForexCycle.com | November 21, 2019 2:07 am
USDCAD’s upside movement from 1.3041 extended to as high as 1.3327. Further rise is possible after a minor consolidation and next target would be at 1.3360 area. Near term support is at 1.3270, a breakdown below this...

USDJPY Daily Analysis – November 21, 2019

by ForexCycle.com | November 21, 2019 2:06 am
USDJPY is facing the support of the rising price channel on the 4-hour chart. As long as the channel support holds, the fall from 109.48 could be treated as consolidation for the uptrend from 106.48, another rise...

AUDUSD Daily Analysis – November 21, 2019

by ForexCycle.com | November 21, 2019 2:06 am
AUDUSD failed to break above 0.6840 resistance and stays in a trading range between 0.6769 and 0.6840. As long as 0.6840 resistance holds, the price action in the range could be treated as consolidation for the downtrend...

GBPUSD Daily Analysis – November 21, 2019

by ForexCycle.com | November 21, 2019 2:05 am
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2768. As long as the channel support holds, the upside movement could be expected to continue and next target would...

EURUSD Daily Analysis – November 21, 2019

by ForexCycle.com | November 21, 2019 2:04 am
EURUSD moved sideways in a trading range between 1.1053 and 1.1090. As long as 1.1053 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.0989, further rise to 1.1150 area is possible...