EURUSD Daily Analysis – September 12, 2018

by ForexCycle.com | September 12, 2018 2:37 am
EURUSD continued its sideways movement in a trading range between 1.1526 and 1.1659. As long as 1.1659 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.1733 and a breakdown below 1.1526...

USDCAD Daily Analysis – September 11, 2018

by ForexCycle.com | September 11, 2018 12:21 am
USDCAD remains in the uptrend from 1.2887, the pullback from 1.3226 is likely consolidation for the uptrend. Deeper decline is still possible and the target would be at 1.3000. However, as long as 1.3000 support holds, the...

USDJPY Daily Analysis – September 11, 2018

by ForexCycle.com | September 11, 2018 12:20 am
USDJPY moved sideways in a trading range between 110.38 and 111.82. Support is at 110.38, a breakdown below this level could take the price to next support level at 109.77. Resistance is at 111.82, above this level...

AUDUSD Daily Analysis – September 11, 2018

by ForexCycle.com | September 11, 2018 12:20 am
AUDUSD remains in the downtrend from 0.7381. Further decline could be expected after a minor consolidation and next target would be at 0.7000 area. Resistance levels are at 0.7140 and 0.7190, only break above these levels could...

GBPUSD Daily Analysis – September 11, 2018

by ForexCycle.com | September 11, 2018 12:19 am
GBPUSD broke above 1.3043 resistance, suggesting that the upside movement from 1.2661 has resumed. Further rise could be expected in a couple of days and next target would be at 1.3200 area. Near term support is at...

EURUSD Daily Analysis – September 11, 2018

by ForexCycle.com | September 11, 2018 12:19 am
EURUSD stays in a trading range between 1.1526 and 1.1659. Resistance is at 1.1659, a breakout of this level could take the price to 1.1800 area. Support is at 1.1526, below this level could trigger further downside...

USDCAD Daily Analysis – September 10, 2018

by ForexCycle.com | September 10, 2018 12:33 am
USDCAD is in consolidation for the uptrend from 1.2887. Range trading between 1.3000 and 1.3226 would likely be seen in a couple of days. As long as 1.3000 support holds, the uptrend could be expected to resume...

USDJPY Daily Analysis – September 10, 2018

by ForexCycle.com | September 10, 2018 12:32 am
USDJPY extended its downside movement from 111.82 to as low as 110.38. Further decline would likely be seen and next target would be at 109.77 support. Resistance is at 111.82, only a breakout of this level could...

AUDUSD Daily Analysis – September 10, 2018

by ForexCycle.com | September 10, 2018 12:32 am
AUDUSD extended its downside movement from 0.7381 to as low as 0.7097. Further decline is still possible in the coming days and next target would be at 0.7000 area. Resistance levels are at 0.7140 and 0.7190, only...

GBPUSD Daily Analysis – September 10, 2018

by ForexCycle.com | September 10, 2018 12:32 am
GBPUSD failed to break above 1.3043 resistance and stayed in a trading range between 1.2785 and 1.3043. Another fall towards 1.2785 support would likely be seen in the coming days. As long as this level holds, the...