GBPUSD Daily Analysis – June 27, 2018

by ForexCycle.com | June 27, 2018 2:14 am
GBPUSD broke below 1.3200 support, suggesting that the bounce from 1.3101 had completed at 1.3314 already. Deeper decline to test 1.3101 support could be expected in the coming days, and a breakdown below this level could trigger...

EURUSD Daily Analysis – June 27, 2018

by ForexCycle.com | June 27, 2018 2:14 am
EURUSD remains in the short term uptrend from 1.1508, the fall from 1.1720 is likely consolidation for the uptrend. As long as 1.1620 support holds, the upside movement could be expected to continue and next target would...

USDCAD Daily Analysis – June 26, 2018

by ForexCycle.com | June 26, 2018 3:04 am
USDCAD remains in the uptrend from 1.2856, the fall from 1.3381 is likely consolidation for the uptrend. Key support is at 1.3259, as long as this level holds, the uptrend could be expected to continue and next...

USDJPY Daily Analysis – June 26, 2018

by ForexCycle.com | June 26, 2018 3:04 am
USDJPY is now in the downtrend from 110.90. Further decline would likely be seen and next target would be at 108.50 area. Resistance is at 110.10, only break above this level could trigger another rise towards 111.00.

AUDUSD Daily Analysis – June 26, 2018

by ForexCycle.com | June 26, 2018 3:03 am
AUDUSD is now in short term uptrend from 0.7345, the pullback from 0.7443 is likely consolidation for the uptrend. Further rally is still possible after the consolidation and next target would be at 0.7520 area. Support is...

GBPUSD Daily Analysis – June 26, 2018

by ForexCycle.com | June 26, 2018 3:03 am
GBPUSD is now in uptrend from 1.3101, the pullback from 1.3314 is likely consolidation for the uptrend. Further rise could be expected after the consolidation and next target would be at 1.3400 area. Support is at 1.3200,...

EURUSD Daily Analysis – June 26, 2018

by ForexCycle.com | June 26, 2018 3:02 am
EURUSD extended its upside movement from 1.1508 to as high as 1.1717. Further rise is still possible and next target would be at 1.1800 area. Support is at 1.1620, only a breakdown below this level could bring...

USDCAD Daily Analysis – June 25, 2018

by ForexCycle.com | June 25, 2018 3:23 am
USDCAD’s upside movement from 1.2856 extended to as high as 1.3381. Near term support is at 1.3200, as long as this level holds, the upside movement could be expected to continue and next target would be at...

USDJPY Daily Analysis – June 25, 2018

by ForexCycle.com | June 25, 2018 3:23 am
USDJPY broke below 109.55 support, indicating that the upside movement from 108.11 had completed at 110.90 already. Further decline could be expected in the coming days and next target would be at 108.50 area. Resistance is at...

AUDUSD Daily Analysis – June 25, 2018

by ForexCycle.com | June 25, 2018 3:22 am
AUDUSD broke above the top trend line of the price channel on the 4-hour chart, indicating that the downside movement from 0.7676 had completed at 0.7345 already. Further rise could be expected and next target would be...