EURUSD Daily Analysis – July 3, 2018

by ForexCycle.com | July 3, 2018 2:28 am
EURUSD stays in a trading range between 1.1508 and 1.1720. As long as 1.1720 resistance holds, the range trading could be expected to continue in a couple of days. However, a breakout of 1.1720 resistance could trigger...

USDCAD Daily Analysis – July 2, 2018

by ForexCycle.com | July 2, 2018 3:41 am
USDCAD extended its downside movement from 1.3385 to as low as 1.3129. Further decline could be expected after a minor consolidation and next target would be at 1.2860 area. Resistance is at 1.3220, as long as this...

USDJPY Daily Analysis – July 2, 2018

by ForexCycle.com | July 2, 2018 3:41 am
USDJPY extended its upside movement from 109.36 to as high as 111.06, breaking above 110.90 resistance. Further rise is still possible and next target would be at 111.50 area. Support is now at 110.35, only a breakdown...

AUDUSD Daily Analysis – July 2, 2018

by ForexCycle.com | July 2, 2018 3:40 am
AUDUSD moved sideways in a trading range between 0.7322 and 0.7443. As long as 0.7443 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.7676 and a breakdown below 0.7322 support could...

GBPUSD Daily Analysis – July 2, 2018

by ForexCycle.com | July 2, 2018 3:39 am
GBPUSD moved sideways in trading range between 1.3049 and 1.3314. As long as 1.3314 resistance holds, the downside movement from 1.3472 could be expected to continue and a breakdown below 1.3049 support could take the price towards...

EURUSD Daily Analysis – July 2, 2018

by ForexCycle.com | July 2, 2018 3:39 am
EURUSD failed to break below 1.1508 support and moved sideways in a trading range between 1.1508 and 1.1720. As long as 1.1720 resistance holds, the sideways movement could be expected to continue in a couple of days....

USDCAD Daily Analysis – June 29, 2018

by ForexCycle.com | June 29, 2018 2:13 am
USDCAD broke below 1.3259 support, suggesting that the upside movement from 1.2856 had completed at 1.3385 already. Deeper decline could be expected in the coming days and next target would be at 1.3100 area. Resistance levels are...

USDJPY Daily Analysis – June 29, 2018

by ForexCycle.com | June 29, 2018 2:12 am
USDJPY broke above the top trend line of the price channel on the 4-hour chart, suggesting that the uptrend from 108.11 has resumed. Further rise could be expected and next target would be at 111.00 area. Support...

AUDUSD Daily Analysis – June 29, 2018

by ForexCycle.com | June 29, 2018 2:12 am
AUDUSD’s downside movement from 0.7676 extended to as low as 0.7322. Further decline could be expected after a minor consolidation and next target would be at 0.7200 area. Resistance is now at 0.7375, a breakout of this...

GBPUSD Daily Analysis – June 29, 2018

by ForexCycle.com | June 29, 2018 2:11 am
GBPUSD broke below 1.3101 support, suggesting that the downtrend from 1.3472 has resumed. Further decline could be expected in the coming days and next target would be at 1.2900 area. Resistance is at 1.3200, as long as...