USDCAD Daily Analysis – November 25, 2019

by ForexCycle.com | November 25, 2019 2:59 am
USDCAD broke below 1.3270 support, deeper decline towards the rising trend line on the 4-hour chart would likely be seen in a couple of days. As long as the trend line support holds, the pullback from 1.3327...

USDJPY Daily Analysis – November 25, 2019

by ForexCycle.com | November 25, 2019 2:59 am
USDJPY failed to break below the support of rising price channel on the 4-hour chart. Further rally would likely be seen in the coming days and next target would be at 109.07 resistance. Key support is at...

AUDUSD Daily Analysis – November 25, 2019

by ForexCycle.com | November 25, 2019 2:58 am
AUDUSD stays in a trading range between 0.6769 and 0.6840. The price action in the range is likely consolidation for the downtrend from 0.6929, further decline towards 0.6700 is possible after the consolidation. Only break above 0.6840...

GBPUSD Daily Analysis – November 25, 2019

by ForexCycle.com | November 25, 2019 2:56 am
GBPUSD extended its downside movement from 1.2985 to as low as 1.2822. Further decline would likely be seen in a couple of days and next target would be at 1.2750 area. Near term resistance is at 1.2870,...

EURUSD Daily Analysis – November 25, 2019

by ForexCycle.com | November 25, 2019 2:56 am
EURUSD broke below 1.1053 support, suggesting that the downtrend from 1.1179 has resumed. Further decline could be expected in a couple of days and next target would be at 1.0989 support. Near term resistance is at 1.1040,...

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...