AUDUSD Daily Analysis – April 17, 2018

by ForexCycle.com | April 17, 2018 1:52 am
AUDUSD remains in the uptrend from 0.7642, the fall from 0.7809 could be treated as consolidation for the uptrend. As long as 0.7738 support holds, the uptrend could be expected to resume and a breakout of 0.7809...

GBPUSD Daily Analysis – April 17, 2018

by ForexCycle.com | April 17, 2018 1:52 am
GBPUSD extended its upside movement from 1.3965 to as high as 1.4354. Further rise is still possible after a minor consolidation and next target would be at 1.4500 area. Key support is now at 1.4220, only a...

EURUSD Daily Analysis – April 17, 2018

by ForexCycle.com | April 17, 2018 1:51 am
EURUSD is facing 1.2396 resistance, a breakout of this level would indicate that the upside movement from 1.2214 has resumed, then further rise towards 1.2476 resistance could be seen. Above this level would aim 1.2555 (Feb 16...

USDCAD Daily Analysis – April 16, 2018

by ForexCycle.com | April 16, 2018 4:14 am
USDCAD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 1.2943. As long as the price is below the trend line, the downside movement could be expected to continue and...

USDJPY Daily Analysis – April 16, 2018

by ForexCycle.com | April 16, 2018 4:11 am
USDJPY extended its upside movement from 104.63 to as high as 107.78, facing the resistance at 107.90. Range trading between 106.61 and 107.78 would likely be seen in a couple of days. As long as 106.61 support...

AUDUSD Daily Analysis – April 16, 2018

by ForexCycle.com | April 16, 2018 4:11 am
AUDUSD extended its upside movement from 0.7642 to as high as 0.7809. The key support is now at 0.7738, as long as this level holds, the upside movement could be expected to continue and next target would...

GBPUSD Daily Analysis – April 16, 2018

by ForexCycle.com | April 16, 2018 4:09 am
GBPUSD extended its upside movement from 1.3965 to as high as 1.4296, breaking above 1.4244 resistance. Further rise is still possible after a minor consolidation and next target would be at 1.4350 area. The key support is...

EURUSD Daily Analysis – April 16, 2018

by ForexCycle.com | April 16, 2018 4:08 am
EURUSD is facing 1.2300 support, a breakdown below this level would confirm that the short-term uptrend from 1.2214 had completed at 1.2396 already, then another fall towards 1.2150 could be seen. On the upside, as long as...

USDCAD Daily Analysis – April 12, 2018

by ForexCycle.com | April 12, 2018 2:06 am
USDCAD extended its downside movement from 1.2943 to as low as 1.2544. Further decline is still possible after a minor consolidation and next target would be at 1.2500, followed by 1.2350. Near term resistance is at 1.2625,...

USDJPY Daily Analysis – April 12, 2018

by ForexCycle.com | April 12, 2018 2:05 am
USDJPY moved sideways in a trading range between 106.61 and 107.49. As long as 106.61 support holds, the price action in the range could be treated as consolidation for the uptrend from 104.63, and a breakout of...