EURUSD Daily Analysis – July 2, 2019

by ForexCycle.com | July 2, 2019 1:42 am
EURUSD broke below 1.1344 support and extended its downside movement from 1.1412 to as low as 1.1284. Further decline could be expected and next target would be at 1.1240 area. Near term resistance is at 1.1320, a...

USDCAD Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:14 am
USDCAD extended its downside movement from 1.3228 to as low as 1.3059. 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...

USDJPY Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:13 am
USDJPY’s upside movement from 106.77 extended to as high as 108.50. 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 target...

AUDUSD Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:12 am
AUDUSD’s upside movement from 0.6831 extended to as high as 0.7034. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:12 am
No changed in our view, GBPUSD remains in the downtrend from 1.2783. Further decline would likely be seen in the coming days and next target would be at 1.2550 area. Resistance is at 1.2725, only break above...

EURUSD Daily Analysis – July 1, 2019

by ForexCycle.com | July 1, 2019 1:11 am
EURUSD stays in a trading range between 1.1344 and 1.1412. As long as the price is above 1.1344 support, the price action in the range could be treated as consolidation for the uptrend from 1.1181, another rise...

USDCAD Daily Analysis – June 28, 2019

by ForexCycle.com | June 28, 2019 3:48 am
USDCAD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3228. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

USDJPY Daily Analysis – June 28, 2019

by ForexCycle.com | June 28, 2019 3:47 am
USDJPY remains in the uptrend from 106.77, the pullback from 108.16 is likely corrective consolidation for the uptrend. Another rise could be expected after consolidation and next target would be at 109.00 area. Support is at 107.40,...

AUDUSD Daily Analysis – June 28, 2019

by ForexCycle.com | June 28, 2019 3:46 am
AUDUSD extended its upside movement from 0.6831 to as high as 0.7009. 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...

GBPUSD Daily Analysis – June 28, 2019

by ForexCycle.com | June 28, 2019 3:45 am
GBPUSD remains in the downtrend from 1.2783. Deeper decline could be expected in a couple of days and next target would be at 1.2550 area. Resistance is at 1.2725, only break above this level could trigger another...