USDJPY Daily Analysis – April 4, 2018

by ForexCycle.com | April 4, 2018 2:11 am
USDJPY remains in the short term uptrend from 104.63, the fall from 107.01 is likely correction for the uptrend. Another rise to test 107.29 resistance is possible and a break of this level could take price to...

AUDUSD Daily Analysis – April 4, 2018

by ForexCycle.com | April 4, 2018 2:11 am
No changed in our view, AUDUSD remains in the downtrend from 0.7916, the bounce from 0.7642 is likely consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 0.7642 support could...

GBPUSD Daily Analysis – April 4, 2018

by ForexCycle.com | April 4, 2018 2:10 am
GBPUSD remains in the downtrend from 1.4244, the bounce from 1.4008 is likely consolidation for the downtrend. Resistance is at 1.4150, as long as this level holds, the downtrend could be expected to resume and a breakdown...

EURUSD Daily Analysis – April 4, 2018

by ForexCycle.com | April 4, 2018 2:10 am
EURUSD extended its downside movement from 1.2476 to as low as 1.2253, facing 1.2239 support. A breakdown below this level could take price to next support level at 1.2155. Resistance is at 1.2345, only a break of...

USDCAD Daily Analysis – April 2, 2018

by ForexCycle.com | April 2, 2018 3:53 am
USDCAD continued its sideways movement in a trading range between 1.2814 and 1.2948. The key resistance is at 1.2948, a breakout of this level would confirm that the downside movement from 1.3124 had completed at 1.2814 already,...

USDJPY Daily Analysis – April 2, 2018

by ForexCycle.com | April 2, 2018 3:52 am
USDJPY failed to break above 107.29 resistance and pulled back from 107.01. However, another rise to test 107.29 resistance is possible and a breakout of this level could take price to next resistance level at 107.90. Support...

AUDUSD Daily Analysis – April 2, 2018

by ForexCycle.com | April 2, 2018 3:52 am
AUDUSD remains in the downtrend from 0.7916, the bounce from 0.7642 could be treated as consolidation for the downtrend. Another fall could be expected after the consolidation and next target would be at 0.7600 area. Resistance is...

GBPUSD Daily Analysis – April 2, 2018

by ForexCycle.com | April 2, 2018 3:51 am
GBPUSD broke below the bottom of the price channel on the 4-hour chart and is now in the downtrend from 1.4244. Further decline could be expected in a couple of days and next target would be at...

EURUSD Daily Analysis – April 2, 2018

by ForexCycle.com | April 2, 2018 3:51 am
EURUSD remains in the short term downtrend from 1.2476. Further decline to test 1.2239 support would likely be seen. A breakdown below this level could take price to next support level at 1.2155. Resistance is at 1.2360,...

USDCAD Daily Analysis – March 30, 2018

by ForexCycle.com | March 30, 2018 3:26 am
USDCAD failed to break above 1.2948 resistance and stays in a trading range between 1.2814 and 1.2948. Another rise to test 1.2948 resistance is possible, a breakout of this level could bring price to 1.3000, followed by...