USDCAD Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:48 am
USDCAD moved sideways in a trading range between 1.3283 and 1.3209. As long as 1.3209 support, the price action in the range could be treated as consolidation for the uptrend from 1.3133, further rise to 1.3320 area...

USDJPY Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:48 am
USDJPY extended its upside movement from 105.73 to as high as 108.36. As long as 107.50 support holds, the upside movement could be expected to continue and next target would be at 109.00 area. On the other...

AUDUSD Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:47 am
AUDUSD is testing 0.6837 support, a breakdown below this level would indicate that the upside movement from 0.6687 had completed at 0.6894 already, then deeper decline to 0.6760 area could be seen. On the upside, as long...

GBPUSD Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:45 am
GBPUSD stays in rising price channel on the 4-hour chart and remains in the uptrend from 1.1958. As long as the channel support holds, the pullback from 1.2505 could be treated as consolidation for the uptrend, a...

EURUSD Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:43 am
EURUSD remains in the uptrend from 1.0926, the pullback from 1.1109 is likely corrective consolidation for the uptrend. As long as 1.0925 support holds, the uptrend could be expected to resume, further rise towards 1.1200 is still...

USDCAD Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:56 pm
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3133. As long as the channel support holds, the upside movement could be expected to continue and next target would...

USDJPY Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:55 pm
USDJPY moved sideways in a trading range between 107.50 and 108.25. As long as 107.50 support holds, the sideways movement could be treated as consolidation for the uptrend from 105.73, further rise to 109.00 area is still...

AUDUSD Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:55 pm
AUDUSD moved sideways in a trading range between 0.6837 and 0.6894. As long as 0.6837 support holds, the upside movement could be expected to resume, further rise to 0.6950 area is still possible. On the downside, a...

GBPUSD Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:54 pm
GBPUSD extended its upside movement from 1.1958 to as high as 1.2505. 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...

EURUSD Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:53 pm
EURUSD is now in the uptrend from 1.0926, further rise could be expected in a couple of days and next target would be at 1.1150 area. Near term support is at 1.1050, below this level would suggest...