USDCAD Daily Analysis – October 28, 2019

by ForexCycle.com | October 27, 2019 11:15 pm
USDCAD’s downside movement from 1.3347 extended to as low as 1.3052. As long as the price is in the bearish channel on the 4-hour chart, the downside movement could be expected to continue and next target would...

USDJPY Daily Analysis – October 28, 2019

by ForexCycle.com | October 27, 2019 11:14 pm
USDJPY is in consolidation for the uptrend from 106.48. Range trading between 108.03 and 108.93 would likely be seen in a couple of days. As long as 108.03 support holds, the uptrend could be expected to resume,...

AUDUSD Daily Analysis – October 28, 2019

by ForexCycle.com | October 27, 2019 11:14 pm
AUDUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.6882. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...

GBPUSD Daily Analysis – October 28, 2019

by ForexCycle.com | October 27, 2019 11:13 pm
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3012. As long as the channel resistance holds, the downside movement could be extended to continue and next target would...

EURUSD Daily Analysis – October 28, 2019

by ForexCycle.com | October 27, 2019 11:12 pm
EURUSD is testing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1179 could be treated as consolidation of the uptrend from 1.0879, a...

USDCAD Daily Analysis – October 25, 2019

by ForexCycle.com | October 25, 2019 1:39 am
USDCAD extended its downside movement from 1.3347 to as low as 1.3052. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...

USDJPY Daily Analysis – October 25, 2019

by ForexCycle.com | October 25, 2019 1:37 am
USDJPY continued its sideways movement in a trading range between 108.03 and 108.93. The sideways move is likely consolidation for the uptrend from 106.48, further rise to 109.50 area is still possible after the consolidation. Only break...

AUDUSD Daily Analysis – October 25, 2019

by ForexCycle.com | October 25, 2019 1:36 am
AUDUSD extended its downside movement from 0.6882 to as low as 0.6810. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

GBPUSD Daily Analysis – October 25, 2019

by ForexCycle.com | October 25, 2019 1:35 am
GBPUSD broke below 1.2839 support, suggesting that the upside movement from 1.2195 had completed at 1.3012 already. Resistance is now located at the top trend line of the price channel on the 4-hour chart. As long as...

EURUSD Daily Analysis – October 25, 2019

by ForexCycle.com | October 25, 2019 1:34 am
EURUSD’s pullback from 1.1179 extended to as low as 1.1093, facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback could be treated as consolidation...