USDCAD Daily Analysis – October 22, 2018

by ForexCycle.com | October 22, 2018 2:51 am
USDCAD extended its upside movement from 1.2782 to as high as 1.3132. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...

USDJPY Daily Analysis – October 22, 2018

by ForexCycle.com | October 22, 2018 2:51 am
USDJPY is facing 112.72 resistance, a breakout of this level would indicate that the upside movement from 111.62 has resumed, then next target would be at 113.50 area. Support is at 111.90, only a breakdown below this...

AUDUSD Daily Analysis – October 22, 2018

by ForexCycle.com | October 22, 2018 2:50 am
AUDUSD is now in downtrend from 0.7159. Further decline would likely be seen in the coming days and next target would be at 0.7041 previous low. Resistance is at 0.7159, only a breakout of this level could...

GBPUSD Daily Analysis – October 22, 2018

by ForexCycle.com | October 22, 2018 2:50 am
GBPUSD extended its downside movement from 1.3257 to as low as 1.3011. Further decline is still possible after a minor consolidation and next target would be at 1.2950 area. Resistance is at 1.3100, only a breakout of...

EURUSD Daily Analysis – October 22, 2018

by ForexCycle.com | October 22, 2018 2:49 am
EURUSD failed in its attempt to break below 1.1432 support and rebounded to 1.1535 area. However, another fall to retest 1.1432 support is possible, a breakdown below this level could take the price to 1.1350 area. Resistance...

USDCAD Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:47 am
USDCAD broke above 1.3071 resistance, suggesting that the upside movement from 1.2782 has resumed. Further rise could be expected and next target would be at 1.3150 area. Support is at 1.3015, only a breakdown below this level...

USDJPY Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:47 am
USDJPY remains in the uptrend from 111.62, the fall from 112.72 is likely correction for the uptrend. Another rise could be expected after the correction and a breakout of 112.72 resistance could take the price to next...

AUDUSD Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:47 am
AUDUSD broke below 0.7095 support, suggesting that the short term uptrend from 0.7041 had completed at 0.7159 already. Further decline could be expected and next target would be at 0.7041 previous low. Resistance is at 0.7130, only...

GBPUSD Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:46 am
GBPUSD broke below 1.3082 support and extended its downside movement from 1.3257 to as low as 1.3014. Further decline is still possible after a minor consolidation and next target would be at 1.2950 area. Resistance is at...

EURUSD Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:46 am
EURUSD extended its downside movement from 1.1622 to as low as 1.1449. Further decline to test 1.1432 support is possible, a breakdown below this level could take the price to next support level at around 1.1350. Near...