GBPUSD Daily Analysis – September 3, 2018

by ForexCycle.com | September 3, 2018 3:34 am
GBPUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the fall from 1.3043 could be treated as consolidation for the uptrend from 1.2661 and...

EURUSD Daily Analysis – September 3, 2018

by ForexCycle.com | September 3, 2018 3:34 am
EURUSD extended its downside movement from 1.1733 to as low as 1.1584. Deeper decline is still possible and next target would be at 1.1540 area. Near term resistance is at 1.1640, only a break of this level...

USDCAD Daily Analysis – August 31, 2018

by ForexCycle.com | August 31, 2018 3:01 am
USDCAD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.2887 could be treated as consolidation of the downtrend from 1.3174 and...

USDJPY Daily Analysis – August 31, 2018

by ForexCycle.com | August 31, 2018 3:00 am
USDJPY broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 109.77 had completed at 111.82 already. Further decline is still possible after a minor consolidation and next target would be...

AUDUSD Daily Analysis – August 31, 2018

by ForexCycle.com | August 31, 2018 3:00 am
AUDUSD is facing 0.7237 support, a breakdown below this level could take the price to next support level at 0.7200. Near term resistance is at 0.7290, only a break of this level could bring the price back...

GBPUSD Daily Analysis – August 31, 2018

by ForexCycle.com | August 31, 2018 2:59 am
GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2661. As long as the trend line support holds, the upside movement could be expected to continue and next target...

EURUSD Daily Analysis – August 31, 2018

by ForexCycle.com | August 31, 2018 2:59 am
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.1301 had completed at 1.1733 already. Deeper decline is still possible and next target would be at 1.1550 area. Near...

USDCAD Daily Analysis – August 30, 2018

by ForexCycle.com | August 30, 2018 3:01 am
USDCAD remains in the downtrend from 1.3174, the bounce from 1.2887 could be treated as consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 1.2800 area. Resistance is...

USDJPY Daily Analysis – August 30, 2018

by ForexCycle.com | August 30, 2018 3:00 am
USDJPY extended its upside movement from 109.77 to as high as 111.82. Near term support is at the bullish trend line on the 4-hour chart. As long as the trend line support holds, the uptrend could be...

AUDUSD Daily Analysis – August 30, 2018

by ForexCycle.com | August 30, 2018 3:00 am
AUDUSD failed to break above 0.7381 resistance and pulled back to 0.7275. Lengthier sideways movement in a trading range between 0.7202 and 0.7381 could be expected in the coming days.