EURUSD Daily Analysis – September 17, 2018

by ForexCycle.com | September 17, 2018 1:49 am
EURUSD failed in its attempt to break above 1.1733 resistance. However, as long as the price is above the rising trend line on the 4-hour chart, the uptrend from 1.1526 could be expected to resume and another...

USDCAD Daily Analysis – September 14, 2018

by ForexCycle.com | September 14, 2018 12:59 am
USDCAD extended its downside movement from 1.3226 to as low as 1.2975. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as the channel resistance holds, the...

USDJPY Daily Analysis – September 14, 2018

by ForexCycle.com | September 14, 2018 12:58 am
USDJPY broke above 111.82 resistance, suggesting that the uptrend from 109.77 has resumed. Further rise could be expected after a minor consolidation and next target would be at 113.00 area. Near term support is located at the...

AUDUSD Daily Analysis – September 14, 2018

by ForexCycle.com | September 14, 2018 12:58 am
AUDUSD is facing 0.7235 resistance, a breakout of this level would indicate that the downside movement from 0.7381 had completed at 0.7085 already, then next target would be at 0.7300 area. Near term support is at 0.7160,...

GBPUSD Daily Analysis – September 14, 2018

by ForexCycle.com | September 14, 2018 12:57 am
GBPUSD extended its upside movement from 1.2785 to as high as 1.3124. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

EURUSD Daily Analysis – September 14, 2018

by ForexCycle.com | September 14, 2018 12:56 am
EURUSD broke above 1.1659 resistance. Further rise to test 1.1733 resistance could be expected and a breakout of this level could trigger further upside movement towards 1.1800 area. Near term support is at 1.1600, only a breakdown...

USDCAD Daily Analysis – September 12, 2018

by ForexCycle.com | September 12, 2018 2:39 am
USDCAD dropped sharply to as low as 1.3041. However, as long as 1.3000 support holds, the fall from 1.3226 could be treated as consolidation for the uptrend from 1.2887 and another rise towards 1.3350 is still possible...

USDJPY Daily Analysis – September 12, 2018

by ForexCycle.com | September 12, 2018 2:38 am
USDJPY is facing 111.82 resistance once again, a breakout of this level could trigger further upside movement towards 113.00. Near term support is at 111.20, a breakdown below this level could bring the price back towards 110.38...

AUDUSD Daily Analysis – September 12, 2018

by ForexCycle.com | September 12, 2018 2:38 am
AUDUSD extended its downside movement from 0.7381 to as low as 0.7085. Further decline is still possible after a minor consolidation and next target would be at 0.7000 area. Resistance levels are at 0.7131 and 0.7190, only...

GBPUSD Daily Analysis – September 12, 2018

by ForexCycle.com | September 12, 2018 2:37 am
GBPUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.2661. Near term support is at 1.2896, as long as this level holds, the upside movement could be expected to...