USDCAD Daily Analysis – September 30, 2019

by ForexCycle.com | September 29, 2019 11:20 pm
USDCAD broke below 1.3230 support, indicating that the upside movement from 1.3133 had completed at 1.3309 already. Further decline could be expected and next target would be at 1.3150 area. Resistance is located at the falling trend...

USDJPY Daily Analysis – September 30, 2019

by ForexCycle.com | September 29, 2019 11:19 pm
USDJPY stays in a rising price channel on the 4-hour chart and remains in the short term uptrend from 106.95. As long as the channel support holds, further rise towards 108.47 resistance is still possible. However, a...

AUDUSD Daily Analysis – September 30, 2019

by ForexCycle.com | September 29, 2019 11:18 pm
AUDUSD remains in the downtrend from 0.6894, the bounce from 0.6738 is likely consolidation for the downtrend. As long as 0.6808 key resistance holds, the downside movement could be expected to continue and next target would be...

GBPUSD Daily Analysis – September 30, 2019

by ForexCycle.com | September 29, 2019 11:17 pm
GBPUSD extended its downside movement from 1.2581 to as low as 1.2270. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue, next target...

EURUSD Daily Analysis – September 30, 2019

by ForexCycle.com | September 29, 2019 11:17 pm
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1109. As long as the channel resistance holds, the bounce from 1.0904 could be treated as consolidation for the downtrend,...

USDCAD Daily Analysis – September 27, 2019

by ForexCycle.com | September 27, 2019 4:48 am
USDCAD moved sideways in a trading range between 1.3230 and 1.3309 for several days. The price action in the range is likely consolidation for the uptrend from 1.3133, further rise to 1.3360 area could be expected after...

USDJPY Daily Analysis – September 27, 2019

by ForexCycle.com | September 27, 2019 4:47 am
USDJPY is in short term uptrend from 106.95. Further rise to test 108.47 resistance would likely be seen in a coming days. Near term support is at 107.40, only break below this level could trigger another fall...

AUDUSD Daily Analysis – September 27, 2019

by ForexCycle.com | September 27, 2019 4:45 am
AUDUSD remains in the downtrend from 0.6894. As long as 0.6808 key resistance holds, the downside movement could be expected to continue and next target would be at 0.6700 area, only break above 0.6808 level could signal...

GBPUSD Daily Analysis – September 27, 2019

by ForexCycle.com | September 27, 2019 4:43 am
GBPUSD extended its downside movement from 1.2581 to as low as 1.2303. 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...

EURUSD Daily Analysis – September 27, 2019

by ForexCycle.com | September 27, 2019 4:39 am
EURUSD broke below 1.0925 support. As long as the price is below the falling trend line on the 4-hour chart, the downside movement from 1.1109 could be expected to continue and next target would be at 1.0800...