AUDUSD Daily Analysis – October 25, 2018

by ForexCycle.com | October 25, 2018 2:52 am
AUDUSD remains in the downtrend from 0.7159. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 0.7041...

GBPUSD Daily Analysis – October 25, 2018

by ForexCycle.com | October 25, 2018 2:51 am
GBPUSD broke below 1.2921 support and extended its downside movement from 1.3257 to 1.2865 area. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to...

EURUSD Daily Analysis – October 25, 2018

by ForexCycle.com | October 25, 2018 2:51 am
EURUSD broke below 1.1432 support and extended its downside movement from 1.1622 to 1.1380 area. Key resistance is located at the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the...

USDCAD Daily Analysis – October 24, 2018

by ForexCycle.com | October 24, 2018 2:42 am
USDCAD remains in the uptrend from 1.2915, the pullback from 1.3132 could be treated as consolidation for the uptrend. As long as 1.3025 support holds, the uptrend could be expected to resume and further rise to 1.3200...

USDJPY Daily Analysis – October 24, 2018

by ForexCycle.com | October 24, 2018 2:42 am
USDJPY broke below the rising trend line on the 4-hour chart, suggesting that the short term uptrend from 111.62 had completed at 112.88 already. The pair is now in downtrend, further decline to test 111.62 support could...

AUDUSD Daily Analysis – October 24, 2018

by ForexCycle.com | October 24, 2018 2:41 am
AUDUSD stays in a falling price channel on its 4-hour chart and remains in the downtrend from 0.7159. As long as the channel resistance holds, the downside movement could be expected to continue and further decline to...

GBPUSD Daily Analysis – October 24, 2018

by ForexCycle.com | October 24, 2018 2:41 am
GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3257. As long as the trend line resistance holds, the downside movement could be expected to continue and a breakdown...

EURUSD Daily Analysis – October 24, 2018

by ForexCycle.com | October 24, 2018 2:40 am
EURUSD is facing a key support level at 1.1432. A breakdown below this level could signal resumption of the downtrend from 1.1622, then next target would be at 1.1350 area. Resistance levels are at 1.1495 and 1.1550,...

USDCAD Daily Analysis – October 23, 2018

by ForexCycle.com | October 23, 2018 3:59 am
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2782. Further rise could be expected in a couple of days and next target would be at 1.3200 area. Near...

USDJPY Daily Analysis – October 23, 2018

by ForexCycle.com | October 23, 2018 3:58 am
USDJPY extended its upside movement from 111.62 to as high as 112.88. Further rise is still possible and next target would be at 113.50 area. Support is located at the bullish trend line on the 4-hour chart,...