EURUSD Daily Analysis – July 17, 2018

by ForexCycle.com | July 17, 2018 2:24 am
EURUSD’s bounce from 1.1613 extended to as high as 1.1725. Further rise to test 1.1790 resistance is possible, and a breakout of this level could trigger further upside movement towards 1.1850. Support levels are at 1.1670 and...

USDCAD Daily Analysis – July 16, 2018

by ForexCycle.com | July 16, 2018 3:03 am
USDCAD failed to break above 1.3224 resistance once again. However, another rise to test this resistance is still possible and a breakout this level could trigger further upside movement towards 1.3350. Support is at 1.3130, below this...

USDJPY Daily Analysis – July 16, 2018

by ForexCycle.com | July 16, 2018 3:02 am
USDJPY remains in the uptrend from 109.36, the fall from 112.80 is likely consolidation for the uptrend. Near term support is at 111.90, as long as this level holds, the uptrend could be expected to resume and...

AUDUSD Daily Analysis – July 16, 2018

by ForexCycle.com | July 16, 2018 3:02 am
AUDUSD remains in the downtrend from 0.7483, the bounce from 0.7360 is likely consolidation for the downtrend. A breakdown below 0.7360 support could trigger another fall towards 0.7300. Resistance is at 0.7450, only a break of this...

GBPUSD Daily Analysis – July 16, 2018

by ForexCycle.com | July 16, 2018 3:01 am
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3362. As long as the channel resistance holds, the bounce from 1.3102 could be treated as consolidation for the downtrend...

EURUSD Daily Analysis – July 16, 2018

by ForexCycle.com | July 16, 2018 3:01 am
EURUSD extended its downside movement from 1.1790 to as low as 1.1613. Further decline could be expected after a minor consolidation and next target would be at 1.1550 area. Resistance is located at the top trend line...

USDCAD Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:56 am
USDCAD failed to break above 1.3224 resistance and stays in a trading range between 1.3063 and 1.3224. However, another rise to test 1.3224 resistance is still possible and a breakout of this level could trigger further upside...

USDJPY Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:56 am
USDJPY’s bullish movement from 109.36 extended to as high as 112.71. Support is now at 111.90, as long as this level holds, the upside movement could be expected to continue and next target would be at 113.00...

AUDUSD Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:55 am
AUDUSD is facing 1.7420 resistance. A break of this level would indicate that the downside movement from 0.7483 had completed at 0.7360 already, then another rise towards 0.7600 could be seen. However, as long as 0.7420 resistance...

GBPUSD Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:55 am
GBPUSD’s fall from 1.3362 extended to as low as 1.3169. Further decline could be expected in a couple of days and next target would be at 1.3000 area. Resistance levels are at 1.3245 and 1.3300, only break...