EURUSD Daily Analysis – January 28, 2019

by ForexCycle.com | January 28, 2019 3:34 am
EURUSD broke above the falling trend line on the 4-hour chart and is now facing 1.1425 resistance, above this level would confirm that the downside movement from 1.1570 had completed at 1.1289 already, then further rise to...

USDCAD Daily Analysis – January 25, 2019

by ForexCycle.com | January 25, 2019 2:17 am
USDCAD’s upside movement from 1.3179 extended to as high as 1.3374. As long as the price is in the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...

USDJPY Daily Analysis – January 25, 2019

by ForexCycle.com | January 25, 2019 2:16 am
USDJPY continued its sideways movement in a trading range between 109.14 and 109.99. The sideways movement is likely consolidation for the uptrend from 105.05. As long as 109.14 support holds, the upside movement could be expected to...

AUDUSD Daily Analysis – January 25, 2019

by ForexCycle.com | January 25, 2019 2:15 am
AUDUSD’s downside movement from 0.7235 to as low as 0.7076. 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 target would...

GBPUSD Daily Analysis – January 25, 2019

by ForexCycle.com | January 25, 2019 2:14 am
GBPUSD extended its upside movement from 1.2396 to as high as 1.3128. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...

EURUSD Daily Analysis – January 25, 2019

by ForexCycle.com | January 25, 2019 2:13 am
EURUSD failed to break above the falling trend line on the 4-hour chart and extended its downside movement from 1.1570 to as low as 1.1289. As long as the trend line resistance holds, the downside movement could...

USDCAD Daily Analysis – January 24, 2019

by ForexCycle.com | January 24, 2019 5:17 am
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3179. As long as the price is in the channel, the upside movement could be expected to continue and next...

USDJPY Daily Analysis – January 24, 2019

by ForexCycle.com | January 24, 2019 5:16 am
USDJPY moved sideways in a trading range between 109.14 and 109.99. As long as 109.14 support holds, the price action in the range could be treated as consolidation for the uptrend from 107.76, further rise to 110.40...

AUDUSD Daily Analysis – January 24, 2019

by ForexCycle.com | January 24, 2019 5:15 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7235. As long as the price is in the channel, the downside movement could be expected to continue and next...

GBPUSD Daily Analysis – January 24, 2019

by ForexCycle.com | January 24, 2019 5:14 am
GBPUSD broke above 1.3000 resistance and extended its upside movement from 1.2396 to as high as 1.3094. Further rise is still possible after a minor consolidation and next target would be at 1.3200 area. Near term support...