EURUSD Daily Analysis – November 20, 2018

by ForexCycle.com | November 20, 2018 4:56 am
EURUSD’s upside movement from 1.1215 extended to as high as 1.1464. 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 target...

USDCAD Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:35 am
USDCAD is testing the support of the price channel on the 4-hour chart. A breakdown below the channel support would indicate that the upside movement from 1.2782 had completed at 1.3263 already, then deeper decline to 1.3050...

USDJPY Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:35 am
USDJPY extended its downside movement from 114.20 to as low as 112.60. Further decline is still possible and next target would be at 112.00 area. Resistance is at 113.20, only a break of this level could bring...

AUDUSD Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:34 am
AUDUSD broke above 0.7302 resistance and extended its upside movement from 0.7164 to as high as 0.7337. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...

GBPUSD Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:34 am
GBPUSD failed to break below 1.2695 support and rebounded from 1.2723. However another fall to test 1.2695 is still possible and a breakdown could trigger further downside movement towards 1.2550 area. Resistance is at 1.2950, only a...

EURUSD Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:33 am
EURUSD continued its upside movement from 1.1215 and the rise extended to as high as 1.1421. Further rise is still possible and next target would be at 1.1500 area. Near term support is at the rising trend...

USDCAD Daily Analysis – November 16, 2018

by ForexCycle.com | November 16, 2018 3:22 am
USDCAD is facing the support of the price channel on the 4-hour chart. As long as the channel support holds, the pullback from 1.3263 could be treated as consolidation for the uptrend and another rise towards 1.3300...

USDJPY Daily Analysis – November 16, 2018

by ForexCycle.com | November 16, 2018 3:21 am
USDJPY’s downside movement from 114.20 extended to as low as 113.09. Further decline could be expected after a minor consolidation and next target would be at 112.00 area. Resistance is at 113.70, only a breakout of this...

AUDUSD Daily Analysis – November 16, 2018

by ForexCycle.com | November 16, 2018 3:21 am
AUDUSD is facing 0.7302 resistance, a breakthrough this level could signal resumption of the uptrend from 0.7020, then further rise towards 0.7400 could be seen. Near term support is at 0.7245, a breakdown below this level could...

GBPUSD Daily Analysis – November 16, 2018

by ForexCycle.com | November 16, 2018 3:20 am
GBPUSD broke below 1.2826 support and extended its downside movement from 1.3174 to as low as 1.2723. Further decline to test 1.2695 support is possible in a couple of days. Resistance is at 1.2880, only a breakout...