USDJPY Daily Analysis – November 14, 2018

by ForexCycle.com | November 14, 2018 1:58 am
USDJPY stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 111.37. As long as the channel support holds, the upside move could be expected to continue and next target would...

AUDUSD Daily Analysis – November 14, 2018

by ForexCycle.com | November 14, 2018 1:57 am
AUDUSD is now in the downtrend from 0.7302, the bounce from 0.7164 is likely corrective consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 0.7164 support could take the price...

GBPUSD Daily Analysis – November 14, 2018

by ForexCycle.com | November 14, 2018 1:57 am
GBPUSD broke above 1.2950 resistance, suggesting that the downside movement from 1.3174 had completed at 1.2826 already. Further rise could be expected and next target would be at 1.3150 area. Near term support is at 1.2930, only...

EURUSD Daily Analysis – November 14, 2018

by ForexCycle.com | November 14, 2018 1:56 am
EURUSD broke above 1.1280 resistance, suggesting that the downside movement from 1.1499 had completed at 1.1215 already. Further rally is still possible and next target would be at 1.1350, followed by 1.1420. Near term support is at...

USDCAD Daily Analysis – November 13, 2018

by ForexCycle.com | November 13, 2018 1:15 am
USDCAD extended its upside movement from 1.2782 to as high as 1.3248. 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...

USDJPY Daily Analysis – November 13, 2018

by ForexCycle.com | November 13, 2018 1:15 am
USDJPY extended its upside movement from 111.37 to as high as 114.20. 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...

AUDUSD Daily Analysis – November 13, 2018

by ForexCycle.com | November 13, 2018 1:14 am
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7020 had completed at 0.7302 already. Further decline could be expected after a minor consolidation and next target would be...

GBPUSD Daily Analysis – November 13, 2018

by ForexCycle.com | November 13, 2018 1:13 am
GBPUSD’s downside movement from 1.3174 extended to as low as 1.2826. Further decline is still possible and next target would be at 1.2750 area. Resistance is at 1.2950, only a break of this level could bring the...

EURUSD Daily Analysis – November 13, 2018

by ForexCycle.com | November 13, 2018 1:13 am
EURUSD broke below 1.1302 support and extended its downside movement from 1.1499 to as low as 1.1215. Further decline is still possible in a couple of days and next target would be at 1.1100 area. Resistance is...

USDCAD Daily Analysis – November 12, 2018

by ForexCycle.com | November 12, 2018 1:07 am
USDCAD stays in a bullish price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782. As long as the price is in the channel, the uptrend could be expected to continue...