EURUSD Daily Analysis – April 17, 2019

by ForexCycle.com | April 17, 2019 1:20 am
EURUSD remains in the uptrend from 1.1183, the pullback from 1.1323 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...

USDCAD Daily Analysis – April 16, 2019

by ForexCycle.com | April 16, 2019 2:12 am
USDCAD continued its sideways movement in a trading range between 1.3283 and 1.3402. Resistance is at 1.3402, a break of this level could trigger further upside movement to 13450 area. Support is at 1.3283, below this level...

USDJPY Daily Analysis – April 16, 2019

by ForexCycle.com | April 16, 2019 2:11 am
USDJPY remains in the uptrend from 110.84, further rise could be expected after a minor consolidation, and a break of 112.09 could take the price to 113.00 area. Near term support is at 111.80, a breakdown below...

AUDUSD Daily Analysis – April 16, 2019

by ForexCycle.com | April 16, 2019 2:11 am
AUDUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 0.7052. As long as the channel support holds, the upside movement could be expected to continue and next target would...

GBPUSD Daily Analysis – April 16, 2019

by ForexCycle.com | April 16, 2019 2:09 am
GBPUSD is testing that the resistance of the upper trend line of the triangle pattern on the 4-hour chart. A breakout of the this trend line could trigger further upside movement to 1.3400 area. Key support is...

EURUSD Daily Analysis – April 16, 2019

by ForexCycle.com | April 16, 2019 2:09 am
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1183. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – April 15, 2019

by ForexCycle.com | April 15, 2019 3:23 am
USDCAD moved sideways in a trading range between 1.3283 and 1.3402. Another fall to test 1.3283 support would likely be seen, a breakdown below this level could take the price to 1.3200 area. Resistance is at 1.3402,...

USDJPY Daily Analysis – April 15, 2019

by ForexCycle.com | April 15, 2019 3:23 am
USDJPY extended its upside movement from 110.84 to as high as 112.09. Further rise could be expected after a minor consolidation and next target would be at 113.00 area. Near term support is at 111.80, a breakdown...

AUDUSD Daily Analysis – April 15, 2019

by ForexCycle.com | April 15, 2019 3:22 am
AUDUSD’s upside movement from 0.7052 extended to as high as 0.7192. 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 target...

GBPUSD Daily Analysis – April 15, 2019

by ForexCycle.com | April 15, 2019 3:21 am
GBPUSD is facing the resistance of the upper trend line of the triangle pattern on the 4-hour chart, a break of this trend line resistance could take the price to 1.3400 area. Key support is at 1.2960,...