EURUSD Daily Analysis – July 19, 2018

by ForexCycle.com | July 19, 2018 4:51 am
EURUSD broke below 1.1613 support, suggesting that the downtrend from 1.1790 has resumed. Further decline would likely be seen in the coming days and next target would be at 1.1550 area. Resistance is at 1.1690, only break...

USDCAD Daily Analysis – July 18, 2018

by ForexCycle.com | July 18, 2018 2:50 am
USDCAD is facing 1.3224 resistance, a breakout of this level could take the price to 1.3300 area. Support is at 1.3150, only a breakdown below this level could take the price to test 1.3063 support. Below here...

USDJPY Daily Analysis – July 18, 2018

by ForexCycle.com | July 18, 2018 2:50 am
USDJPY broke above 112.80 resistance and extended its upside movement from 109.36 to as high as 113.07. Further rise is still possible and next target would be at 113.50 area. Key support is at 112.19, only a...

AUDUSD Daily Analysis – July 18, 2018

by ForexCycle.com | July 18, 2018 2:49 am
AUDUSD is facing 0.7360 support, a breakdown below this level could take the price to next support level at 0.7310. Resistance levels are at 0.7420 and 0.7442, only break above these levels could trigger another rise towards...

GBPUSD Daily Analysis – July 18, 2018

by ForexCycle.com | July 18, 2018 2:49 am
GBPUSD is facing 1.3049 support, a breakdown below this level could take the price towards 1.2900. Resistance is at 1.3190, a breakout of this level could indicate that the downside movement from 1.3292 is complete, then another...

EURUSD Daily Analysis – July 18, 2018

by ForexCycle.com | July 18, 2018 2:48 am
EURUSD broke below 1.1670 support, suggesting that the short term uptrend from 1.1613 had completed at 1.1744 already. Further decline to test 1.1613 support could be expected, a breakdown below this level could take the price towards...

USDCAD Daily Analysis – July 17, 2018

by ForexCycle.com | July 17, 2018 2:28 am
USDCAD failed to breakout of 1.3224 resistance and pulled back to 1.3100 area. Further decline to test 1.3063 support would likely be seen and a breakdown below this level could take the price to 1.2900 area. Only...

USDJPY Daily Analysis – July 17, 2018

by ForexCycle.com | July 17, 2018 2:28 am
USDJPY moved sideways in a trading range between 112.19 and 112.80. As long as 112.19 support holds, the sideways move could be treated as consolidation for the uptrend from 109.36 and a breakout of 112.80 resistance could...

AUDUSD Daily Analysis – July 17, 2018

by ForexCycle.com | July 17, 2018 2:27 am
No changed in our view, AUDUSD remains in the downtrend from 0.7483, as long as 0.7450 resistance holds, the bounce from 0.7360 could be treated as consolidation for the downtrend. Another fall could be expected after the...

GBPUSD Daily Analysis – July 17, 2018

by ForexCycle.com | July 17, 2018 2:26 am
GBPUSD extended its upside movement from 1.3102 to as high as 1.3292. Further rise to test 1.3362 resistance is still possible and a breakout of this level could take the price towards 1.3450. Support is now at...