EURUSD Daily Analysis – June 19, 2018

by ForexCycle.com | June 19, 2018 2:17 am
Being contained by 1.1510 support, EURUSD rebounded from 1.1543. However, the bounce is likely consolidation for the downtrend from 1.1851, another fall to test 1.1510 support is possible after the consolidation and a breakdown below this level...

USDCAD Daily Analysis – June 18, 2018

by ForexCycle.com | June 18, 2018 3:00 am
USDCAD extended its upside movement from 1.2728 to as high as 1.3207. Further rise is still possible after a minor consolidation and next target would be at 1.3250 area. Near term support is at 1.3110, a breakdown...

USDJPY Daily Analysis – June 18, 2018

by ForexCycle.com | June 18, 2018 2:59 am
USDJPY extended its upside movement from 108.11 to as high as 110.90. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

AUDUSD Daily Analysis – June 18, 2018

by ForexCycle.com | June 18, 2018 2:59 am
AUDUSD extended its downside movement from 0.7676 to as low as 0.7625, facing the 0.7412 support. A breakdown below this level could trigger further downside movement towards 0.7300. Resistance is at 0.7520, as long as this level...

GBPUSD Daily Analysis – June 18, 2018

by ForexCycle.com | June 18, 2018 2:58 am
GBPUSD is facing 1.3204 support. A breakdown below this level could trigger further downside movement towards 1.3000 area. Resistance is at 1.3320, only break above this level could bring the price back towards 1.3500.

EURUSD Daily Analysis – June 18, 2018

by ForexCycle.com | June 18, 2018 2:58 am
EURUSD extended its downside movement from 1.1851 to as low as 1.1543. Further decline to test 1.1510 support is possible after a minor consolidation and a breakdown below this level could take the price to 1.3000 area....

USDCAD Daily Analysis – June 15, 2018

by ForexCycle.com | June 15, 2018 1:10 am
USDCAD broke above 1.3066 resistance and extended its upside movement from 1.2728 to as high as 1.3119. Further rise could be expected in the coming days and next target would be at 1.3200 area. Key support is...

USDJPY Daily Analysis – June 15, 2018

by ForexCycle.com | June 15, 2018 1:10 am
USDJPY failed to break below the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 108.11. Further rise is still possible and a break of 110.84 resistance could take the...

AUDUSD Daily Analysis – June 15, 2018

by ForexCycle.com | June 15, 2018 1:09 am
AUDUSD broke below the bullish support trend line on the 4-hour chart, suggesting that the upside movement from 0.7412 had completed at 0.7676 already. Deeper decline to test 0.7412 support would likely be seen and a breakdown...

GBPUSD Daily Analysis – June 15, 2018

by ForexCycle.com | June 15, 2018 1:08 am
GBPUSD’s downside movement from 1.3472 extended to as low as 1.3251. Deeper decline to test 1.3204 support could be expected and a breakdown below this level could trigger further downside movement towards 1.3000 area. Resistance is at...