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...

USDJPY Daily Analysis – November 12, 2018

by ForexCycle.com | November 12, 2018 1:06 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 111.37. As long as the price is in the channel, the upside movement could be expected to continue and next...

AUDUSD Daily Analysis – November 12, 2018

by ForexCycle.com | November 12, 2018 1:06 am
AUDUSD pulled back to 0.7215 area. Deeper decline is still possible and next target would be at bullish trend line on the 4-hour chart. However, as long as the trend line support holds, the pullback could be...

GBPUSD Daily Analysis – November 12, 2018

by ForexCycle.com | November 12, 2018 1:05 am
GBPUSD extended its downside movement from 1.3174 to as low as 1.2913. Further decline is still possible after a minor consolidation and next target would be at 1.2850 area. Resistance is at 1.3050, only a break of...