USDCAD Daily Analysis – October 14, 2019

by ForexCycle.com | October 14, 2019 3:05 am
USDCAD extended its downside movement from 1.3347 to as low as 1.3170, breaking below 1.3205 support. Further decline is still possible after a minor consolidation and next target would be at 1.3100 area. Near term resistance is...

USDJPY Daily Analysis – October 14, 2019

by ForexCycle.com | October 14, 2019 3:04 am
USDJPY extended its upside movement from 106.48 to as high as 108.62. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...

AUDUSD Daily Analysis – October 14, 2019

by ForexCycle.com | October 14, 2019 3:03 am
AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.6670. as long as the trend line support holds, the uptrend could be expected to continue and next target would...

GBPUSD Daily Analysis – October 14, 2019

by ForexCycle.com | October 14, 2019 3:02 am
GBPUSD remains in the uptrend from 1.2195, the pullback from 1.2707 is likely consolidation for the uptrend. Range trading between 1.2530 and 1.2707 would likely be seen in a couple of days. As long as 1.2530 support...

EURUSD Daily Analysis – October 14, 2019

by ForexCycle.com | October 14, 2019 3:01 am
EURUSD extended its upside movement from 1.0879 to as high as 1.1062. As long as the price is in the rising price channel on the 4-hour chart, the pullback from 1.1062 could be treated as consolidation for...

USDCAD Daily Analysis – October 11, 2019

by ForexCycle.com | October 11, 2019 3:19 am
USDCAD broke below 1.3287 support, suggesting that the uptrend from 1.3205 had completed at 1.3347 already. Deeper decline could be expected in the coming days and next target would be at 1.3230 area. Resistance is at 1.3320,...

USDJPY Daily Analysis – October 11, 2019

by ForexCycle.com | October 11, 2019 3:19 am
USDJPY extended its upside movement from 106.48 to as high as 108.13. Further rise is still possible in a couple of days and next target would be at 108.50 area. Near term support is at 107.60, below...

AUDUSD Daily Analysis – October 11, 2019

by ForexCycle.com | October 11, 2019 3:18 am
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the short term downtrend from 0.6773 had completed at 0.6709 already. Another rise towards 0.6800 could be expected in the coming days. Near term...

GBPUSD Daily Analysis – October 11, 2019

by ForexCycle.com | October 11, 2019 3:17 am
GBPUSD bounced strongly to 1.2470 area, suggesting that the downtrend from 1.2581 had completed at 1.2195 already. Further rally could be expected after a minor consolidation and next target would be at 1.2600 area. Support is at...

EURUSD Daily Analysis – October 11, 2019

by ForexCycle.com | October 11, 2019 3:16 am
EURUSD broke above 1.1000 resistance and extended its upside movement from 1.0879 to as high as 1.1033. Further rise is still possible in the coming days and next target would be at 1.1080 area. Near term support...