USDCAD Daily Analysis – September 18, 2019

by ForexCycle.com | September 18, 2019 1:47 am
USDCAD extended its upside movement from 1.3133 to as high as 1.3299. Support is now at 1.3230, as long as this level holds, the upside movement could be expected to continue and next target would be at...

USDJPY Daily Analysis – September 18, 2019

by ForexCycle.com | September 18, 2019 1:46 am
USDJPY remains in the uptrend from 105.73. Further rise would likely be seen in a couple of days and next target would be at 109.00 area. Support is at 107.50, below this level would indicate that the...

AUDUSD Daily Analysis – September 18, 2019

by ForexCycle.com | September 18, 2019 1:45 am
AUDUSD broke below 0.6837 support, suggesting that lengthier consolidation for the uptrend from 0.6687 is needed. Range trading between 0.6800 and 0.6894 could be expected in a couple of days. As long as 0.6800 support holds, the...

GBPUSD Daily Analysis – September 18, 2019

by ForexCycle.com | September 18, 2019 1:45 am
GBPUSD extended its upside movement from 1.1958 to as high as 1.2526. 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...

EURUSD Daily Analysis – September 18, 2019

by ForexCycle.com | September 18, 2019 1:44 am
EURUSD rebounded from 1.0990. Further rise to test 1.1109 resistance would likely be seen, a break of this level would indicate that the uptrend from 1.0926 has resumed, then next target would be at 1.1200 area. Near...

USDCAD Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:48 am
USDCAD moved sideways in a trading range between 1.3283 and 1.3209. As long as 1.3209 support, the price action in the range could be treated as consolidation for the uptrend from 1.3133, further rise to 1.3320 area...

USDJPY Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:48 am
USDJPY extended its upside movement from 105.73 to as high as 108.36. As long as 107.50 support holds, the upside movement could be expected to continue and next target would be at 109.00 area. On the other...

AUDUSD Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:47 am
AUDUSD is testing 0.6837 support, a breakdown below this level would indicate that the upside movement from 0.6687 had completed at 0.6894 already, then deeper decline to 0.6760 area could be seen. On the upside, as long...

GBPUSD Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:45 am
GBPUSD stays in rising price channel on the 4-hour chart and remains in the uptrend from 1.1958. As long as the channel support holds, the pullback from 1.2505 could be treated as consolidation for the uptrend, a...

EURUSD Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:43 am
EURUSD remains in the uptrend from 1.0926, the pullback from 1.1109 is likely corrective consolidation for the uptrend. As long as 1.0925 support holds, the uptrend could be expected to resume, further rise towards 1.1200 is still...