EURUSD Daily Analysis – June 14, 2018

by ForexCycle.com | June 14, 2018 3:18 am
EURUSD moved sideways in a trading range between 1.1726 and 1.1840 after breaking below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.1510....

USDCAD Daily Analysis – June 13, 2018

by ForexCycle.com | June 13, 2018 1:47 am
No changed in our view, USDCAD remains in the uptrend from 1.2728. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and further...

USDJPY Daily Analysis – June 13, 2018

by ForexCycle.com | June 13, 2018 1:46 am
USDJPY extended its upside movement from 108.11 to as high as 110.61. Further rise is still possible after a minor consolidation and next target would be at 111.00 area. Near term support is at 110.10, a breakdown...

AUDUSD Daily Analysis – June 13, 2018

by ForexCycle.com | June 13, 2018 1:46 am
AUDUSD is facing 0.7560 support. A breakdown below this level would suggest that the downside movement from 0.7676 has resumed, then the pair would find support at the bullish trend line the 4-hour chart. Near term resistance...

GBPUSD Daily Analysis – June 13, 2018

by ForexCycle.com | June 13, 2018 1:45 am
GBPUSD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 1.3472. Further decline would likely be seen and next target would be at 1.3250 area. On the upside a breakout...

EURUSD Daily Analysis – June 13, 2018

by ForexCycle.com | June 13, 2018 1:44 am
EURUSD broke below the bottom support trend line of the price channel on its 4-hour chart, suggesting that the upside movement from 1.1510 had completed at 1.1840 already. Further decline would likely be seen and next target...

USDCAD Daily Analysis – June 12, 2018

by ForexCycle.com | June 12, 2018 2:52 am
USDCAD stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 1.2728. As long as the channel support holds, the upside movement could be expected to continue and next target would...

USDJPY Daily Analysis – June 12, 2018

by ForexCycle.com | June 12, 2018 2:51 am
USDJPY broke above 110.26 resistance, suggesting that the upside movement from 108.11 has resumed. Further rise would likely be seen and next target would be at 111.00 area. Near term support is at the bullish trend line...

AUDUSD Daily Analysis – June 12, 2018

by ForexCycle.com | June 12, 2018 2:51 am
AUDUSD’s fall from 0.7676 extended to as low as 0.7560. Further decline is still possible and next target would be at the rising trend line on the 4-hour chart. Resistance levels are at 1.7630 and 0.7676, only...

GBPUSD Daily Analysis – June 12, 2018

by ForexCycle.com | June 12, 2018 2:50 am
GBPUSD’s downside movement from 1.3472 extended to as low as 1.3344. Further decline could be expected in the coming days, and next target would be at 1.3250 area. Resistance is at the falling trend line on the...