EURUSD Daily Analysis – September 4, 2018

by ForexCycle.com | September 4, 2018 1:31 am
EURUSD remains in the downtrend from 1.1733. Further decline is still possible after a minor consolidation and next target would be at 1.1540 area. Near term resistance is at 1.1640, only a breakout of this level could...

USDCAD Daily Analysis – September 3, 2018

by ForexCycle.com | September 3, 2018 3:36 am
USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3174 had completed at 1.2887 already. Further rise is still possible and next target would be at 1.3174 resistance. Near...

USDJPY Daily Analysis – September 3, 2018

by ForexCycle.com | September 3, 2018 3:35 am
USDJPY extended its downside movement from 111.82 to as low as 110.68. Further decline is still possible and next target would be at 110.00 area. Near term resistance is at 111.30, only a break of this level...

AUDUSD Daily Analysis – September 3, 2018

by ForexCycle.com | September 3, 2018 3:35 am
AUDUSD broke below 0.7202 support and extended its downside movement from 0.7381 to as low as 0.7165. Near term resistance is at 0.7230, only a break of this level could bring the price back towards 0.7381 resistance.

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...