EURUSD Daily Analysis – June 11, 2018

by ForexCycle.com | June 11, 2018 3:49 am
EURUSD remains in the uptrend from 1.1510. As long as the price is in the rising price channel on the 4-hour chart, the pullback from 1.1840 could be treated as consolidation for the uptrend and another rise...

USDCAD Daily Analysis – June 8, 2018

by ForexCycle.com | June 8, 2018 3:46 am
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2728. As long as the price is in the channel, the upside movement could be expected to continue and next...

USDJPY Daily Analysis – June 8, 2018

by ForexCycle.com | June 8, 2018 3:45 am
USDJPY is facing 109.37 support, a breakdown below this level would indicate that the upside movement from 108.11 had completed at 110.26 already, then further decline towards 108.11 support could be seen. On the upside, as long...

AUDUSD Daily Analysis – June 8, 2018

by ForexCycle.com | June 8, 2018 3:45 am
AUDUSD is facing 0.7594 support, a breakdown below this level would suggest that the short term uptrend from 0.7476 had completed at 0.7676 already, then the pair would find support at the rising trend line on the...

GBPUSD Daily Analysis – June 8, 2018

by ForexCycle.com | June 8, 2018 3:44 am
GBPUSD extended its upside movement from 1.3204 to as high as 1.3472. Another rise could be expected after a minor consolidation and next target would be at 1.3550 area. Near term support is at the bottom of...

EURUSD Daily Analysis – June 8, 2018

by ForexCycle.com | June 8, 2018 3:43 am
EURUSD stays above a rising trend line on its 4-hour chart and remains in the uptrend from 1.1510. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – June 7, 2018

by ForexCycle.com | June 7, 2018 3:52 am
USDCAD failed to break below the bottom of the price channel on its 4-hour chart, suggesting that the pair remains in the uptrend from 1.2728. Another rise towards 1.3100 would likely be seen in the coming days....

USDJPY Daily Analysis – June 7, 2018

by ForexCycle.com | June 7, 2018 3:51 am
USDJPY extended its upside movement from 108.11 to as high as 110.26. As long as 109.37 support holds, the upside movement could be expected to continue and next target would be at 110.50 area. On the downside,...

AUDUSD Daily Analysis – June 7, 2018

by ForexCycle.com | June 7, 2018 3:50 am
AUDUSD extended its upside movement from 0.7476 to as high as 0.7676. Near term support is now at 0.7594. As long as this level holds, the upside movement could be expected to continue and next target would...

GBPUSD Daily Analysis – June 7, 2018

by ForexCycle.com | June 7, 2018 3:50 am
GBPUSD stays in a rising price channel on its 4-hour chart and remains in the uptrend from 1.3204. As long as the price is in the channel, the upside movement could be expected to continue and next...