USDJPY Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:35 am
USDJPY is testing the resistance level at 113.38. A breakout of this level would indicate that the upside movement from 111.37 has resumed, then next target would be at 114.00 area. Key support is at 112.55, only...

AUDUSD Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:34 am
AUDUSD formed a sideways consolidation in a trading range between 0.7180 and 0.7258. As long as 0.7180 support holds, the upside movement from 0.7020 could be expected to resume and further rise to 0.7300 area is still...

GBPUSD Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:33 am
GBPUSD extended its upside movement from 1.2695 to as high as 1.3067. Near term support is at 1.2950, as long as this level holds, the upside movement could be expected to continue and next target would be...

EURUSD Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:33 am
EURUSD failed to break below 1.1350 support, suggesting that the pair remains in the uptrend from 1.1302. Further rally to test 1.1455 resistance is possible, a breakout of this level could take the price to 1.1500 area....

USDCAD Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:06 am
USDCAD failed to break below the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782. Another rise could be expected and next target would be at 1.3250 area. Key...

USDJPY Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:05 am
USDJPY is facing 113.38 resistance, a breakout of this level could signal resumption of the uptrend from 111.37, then next target would be at 114.00 area. Support is at 112.55, only a breakdown below this level could...

AUDUSD Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:05 am
AUDUSD extended its upside movement from 0.7020 to as high as 0.7258. Further rise is still possible after consolidation and next target would be at 0.7300 area. Support is at 0.7150, a breakdown below this level would...

GBPUSD Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:04 am
GBPUSD remains in the uptrend from 1.2695, the pullback from 1.3040 is likely consolidation for the uptrend. Near term support is at 1.2880, as long as this level holds, the upside movement could be expected to continue...

EURUSD Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:04 am
EURUSD remains in the uptrend from 1.1302, the pullback from 1.1455 is likely consolidation for the uptrend. As long as 1.1350 support holds, the uptrend could be expected to resume and a break of 1.1455 resistance could...

USDCAD Daily Analysis – November 2, 2018

by ForexCycle.com | November 2, 2018 2:21 am
USDCAD remains in the uptrend from 1.2782, the pullback from 1.3169 is likely consolidation for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...