EURUSD Daily Analysis – July 11, 2019

by ForexCycle.com | July 11, 2019 2:09 am
EURUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.1412 had completed at 1.1193 already. Further rally could be expected after a minor consolidation and next target would be...

USDCAD Daily Analysis – July 10, 2019

by ForexCycle.com | July 10, 2019 9:29 am
USDCAD is facing 1.3144 resistance, as long as this level holds, the price action in the trading range between 1.3036 and 1.3144 could be treated as consolidation for the downtrend from 1.3432, another fall to 1.2950 area...

USDJPY Daily Analysis – July 10, 2019

by ForexCycle.com | July 10, 2019 9:28 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 107.53. As long as the price is in the channel, the upside movement could be expected to continue and next...

AUDUSD Daily Analysis – July 10, 2019

by ForexCycle.com | July 10, 2019 9:27 am
AUDUSD broke below 0.6955 support, indicating that the upside movement from 0.6831 had completed at 0.7047 already. Further decline could be expected in the coming days and next target would be at 0.6850 area. Resistance is at...

GBPUSD Daily Analysis – July 10, 2019

by ForexCycle.com | July 10, 2019 9:26 am
GBPUSD extended its downside movement from 1.2783 to as low as 1.2439. 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 – July 10, 2019

by ForexCycle.com | July 10, 2019 9:25 am
EURUSD extended its downside movement from 1.1412 to as low as 1.1193. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next...

USDCAD Daily Analysis – July 9, 2019

by ForexCycle.com | July 9, 2019 3:42 am
USDCAD moved sideways in a trading range between 1.3036 and 1.3144. As long as 1.3144 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3432, a breakdown below 1.3036 support could trigger...

USDJPY Daily Analysis – July 9, 2019

by ForexCycle.com | July 9, 2019 3:41 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 107.53. As long as the channel support holds, the upside movement could be expected to continue and next target would...

AUDUSD Daily Analysis – July 9, 2019

by ForexCycle.com | July 9, 2019 3:40 am
AUDUSD is testing 0.6955 support, a breakdown below this level would indicate that the upside movement from 0.6831 had completed at 0.7047 already, then deeper decline to 0.6900 area could be seen. On the upside, as long...

GBPUSD Daily Analysis – July 9, 2019

by ForexCycle.com | July 9, 2019 3:38 am
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.2783. As long as the price is below the trend line, the bounce from 1.2480 could be treated as consolidation...