EURUSD Daily Analysis – June 15, 2018

by ForexCycle.com | June 15, 2018 1:08 am
EURUSD broke below 1.1726 key support and dropped sharply from 1.1851 to as low as 1.1559, suggesting that the upside movement from 1.1510 had completed at 1.1851 already. Deeper decline to test 1.1510 support would likely be...

USDCAD Daily Analysis – June 14, 2018

by ForexCycle.com | June 14, 2018 3:21 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 14, 2018

by ForexCycle.com | June 14, 2018 3:20 am
USDJPY stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 108.11. As long as the trend line support holds, the fall from 110.84 could be treated as consolidation for the...

AUDUSD Daily Analysis – June 14, 2018

by ForexCycle.com | June 14, 2018 3:19 am
AUDUSD extended its downside movement from 0.7676 to as low as 0.7529, facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the downside movement could be...

GBPUSD Daily Analysis – June 14, 2018

by ForexCycle.com | June 14, 2018 3:19 am
GBPUSD extended its downside movement from 1.3472 to as low as 1.3308. As long as the price is below the falling trend line on its 4-hour chart, the downside movement could be expected to continue and next...

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...