EURUSD Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:46 am
EURUSD extended its downside movement from 1.1622 to as low as 1.1449. Further decline to test 1.1432 support is possible, a breakdown below this level could take the price to next support level at around 1.1350. Near...

USDCAD Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:23 am
USDCAD broke above 1.3000 resistance, suggesting that the falling from 1.3071 had completed at 1.2915 already. Further rise could be expected and a break of 1.3071 resistance could take the price to 1.3150 area. Support is at...

USDJPY Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:23 am
USDJPY’s bounce from 111.62 extended to as high as 112.72. Further rise could be expected and next target would be at 113.50 area. Support is at the rising trend line on the 4-hour chart, only a breakdown...

AUDUSD Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:22 am
AUDUSD failed to break below 0.7095 support, suggesting that the pair remains in the uptrend from 0.7041. Further rally could be expected and next target would be at 0.7200 area. Key support is at 0.7095, only a...

GBPUSD Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:22 am
GBPUSD is facing 1.3082 support, a breakdown below this level could trigger further downside movement to 1.3050 area. Resistance is at 1.3150, only a breakout of this level could bring the price back to test 1.3257 resistance.

EURUSD Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:21 am
EURUSD broke below 1.1534 support, suggesting that the upside movement from 1.1432 had completed at 1.1622 already. Further decline to test 1.1432 support could be expected in the coming days. Resistance is at 1.1530, only a break...

USDCAD Daily Analysis – October 17, 2018

by ForexCycle.com | October 17, 2018 5:22 am
USDCAD extended it downside movement from 1.3071 extended to as low as 1.2915, breaking below 1.2926 support. Further decline could be expected and next target would be at 1.2800 area. Resistance is at 1.3000, only a breakout...

USDJPY Daily Analysis – October 17, 2018

by ForexCycle.com | October 17, 2018 5:22 am
USDJPY broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 114.54 had completed at 111.62 already. Further rally is still possible in a couple of days and next target would...

AUDUSD Daily Analysis – October 17, 2018

by ForexCycle.com | October 17, 2018 5:21 am
AUDUSD extended its upside movement from 0.7041 to as high as 0.7151. Further rally could be expected in a couple of days and next target would be at 0.7200 area. Support is at 0.7095, only a breakdown...

GBPUSD Daily Analysis – October 17, 2018

by ForexCycle.com | October 17, 2018 5:20 am
GBPUSD broke above 1.3190 resistance, suggesting that the uptrend from 1.2921 has resumed. Further rise to test 1.3257 resistance is possible, a breakout of this level could trigger further upside movement towards 1.3400 area. Key support is...