USDCAD Daily Analysis – October 22, 2019

by ForexCycle.com | October 22, 2019 4:12 am
USDCAD extended its downside movement from 1.3347 to as low as 1.3070. 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...

USDJPY Daily Analysis – October 22, 2019

by ForexCycle.com | October 22, 2019 4:11 am
USDJPY moved sideways in a trading range between 108.03 and 108.93. As long as 108.03 key support holds, the sideways movement could be treated as consolidation for the uptrend from 106.48, further rise to 109.50 area is...

AUDUSD Daily Analysis – October 22, 2019

by ForexCycle.com | October 22, 2019 4:10 am
AUDUSD’s upside movement from 0.6723 extended to as high as 0.6882. As long as 0.6860 support holds, the upside movement could be expected to continue and next target would be at 0.6900 area. On the downside, a...

GBPUSD Daily Analysis – October 22, 2019

by ForexCycle.com | October 22, 2019 4:09 am
GBPUSD extended its upside movement from 1.2195 to as high as 1.3012. 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 – October 22, 2019

by ForexCycle.com | October 22, 2019 4:08 am
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.0879. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – October 21, 2019

by ForexCycle.com | October 21, 2019 3:14 am
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3347. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDJPY Daily Analysis – October 21, 2019

by ForexCycle.com | October 21, 2019 3:13 am
USDJPY is in consolidation for the uptrend from 106.48. Range trading between 108.03 and 108.93 would likely be seen in the coming days. As long as 108.03 support holds, the upside movement could be expected to resume,...

AUDUSD Daily Analysis – October 21, 2019

by ForexCycle.com | October 21, 2019 3:12 am
AUDUSD extended its upside movement from 0.6723 to as high as 0.6865. Further rise is still possible after a minor consolidation and next target would be at 0.6900 area. Near term support is at 0.6835, a breakdown...

GBPUSD Daily Analysis – October 21, 2019

by ForexCycle.com | October 21, 2019 3:11 am
GBPUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2195. As long as the trend line support holds, the upside movement could be expected to continue and next target...

EURUSD Daily Analysis – October 21, 2019

by ForexCycle.com | October 21, 2019 3:10 am
EURUSD’s upside movement from 1.0879 extended to as high as 1.1170. Further rise is still possible after a minor consolidation and next target would be at 1.1200 area. Near term support is at 1.1110, a breakdown below...