EURUSD Daily Analysis – June 24, 2019

by ForexCycle.com | June 24, 2019 4:40 am
EURUSD extended its upside movement from 1.1181 to as high as 1.1386, breaking above 1.1347 resistance. As long as price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to...

USDCAD Daily Analysis – June 21, 2019

by ForexCycle.com | June 21, 2019 3:17 am
USDCAD’s downside movement from 1.3432 extended to as low as 1.3150. Further decline is still possible after a minor consolidation and next target would be at 1.3100 area. Resistance is at 1.3220, only break above this level...

USDJPY Daily Analysis – June 21, 2019

by ForexCycle.com | June 21, 2019 3:16 am
USDJPY extended its downside movement from 108.80 to as low as 107.12. Further decline is still possible after a minor consolidation and next target would be at 106.50 area. Resistance is at 107.50, a break of this...

AUDUSD Daily Analysis – June 21, 2019

by ForexCycle.com | June 21, 2019 3:15 am
AUDUSD extended its upside movement from 0.6831 to as high as 0.6937. Further rise is still possible in a couple of days and next target would be at 0.6970 area. Support is at 0.6910, a breakdown below...

GBPUSD Daily Analysis – June 21, 2019

by ForexCycle.com | June 21, 2019 3:15 am
GBPUSD remains in the uptrend from 1.2505, further rise could be expected after a minor consolidation and next target would be at 1.2762 resistance. Support is at 1.2660, only a breakdown below this level could bring the...

EURUSD Daily Analysis – June 21, 2019

by ForexCycle.com | June 21, 2019 3:14 am
EURUSD’s upside movement from 1.1181 extended to as high as 1.1317. Further rise is still possible after a minor consolidation and next target would be at 1.1347 resistance. Support is at 1.1260, only break below this level...

USDCAD Daily Analysis – June 20, 2019

by ForexCycle.com | June 20, 2019 4:36 am
USDCAD extended its downside movement from 1.3432 to as low as 1.3236, breaking below 1.3240 support. Further decline could be expected after a minor consolidation and next target would be at 1.3150 area. Resistance is at 1.3300,...

USDJPY Daily Analysis – June 20, 2019

by ForexCycle.com | June 20, 2019 4:35 am
USDJPY broke below 107.81 support, suggesting that the downside movement from 112.40 (Apr 24 high) has resumed. Further decline could be expected and next target would be at 107.00 area. Resistance is at 108.00, only break above...

AUDUSD Daily Analysis – June 20, 2019

by ForexCycle.com | June 20, 2019 4:35 am
AUDUSD’s upside movement from 0.6831 extended to as high as 0.6908. Further rise could be expected and next target would be at 0.6950 area. Support is located at the rising trend line on the 4-hour chart, as...

GBPUSD Daily Analysis – June 20, 2019

by ForexCycle.com | June 20, 2019 4:34 am
GBPUSD broke above 1.2605 resistance, suggesting that the downside movement from 1.2762 had completed at 1.2505 already. Further rally could be expected and next target would be at 1.2750 area. Support is at 1.2580, only break below...