USDCAD Daily Analysis – January 26, 2018

by ForexCycle.com | January 26, 2018 3:03 am
USDCAD remains in the downtrend from 1.2590, the bounce from 1.2281 is likely consolidation of the downtrend. Further decline could be expected after the consolidation and next target would be at 1.2200 area. Near term resistance is...

USDJPY Daily Analysis – January 26, 2018

by ForexCycle.com | January 26, 2018 3:03 am
USDJPY extended its downside movement from 113.38 to as low as 108.49. Further decline is still possible after consolidation and next target would be at 107.31. Near term resistance is at the top trend line of the...

AUDUSD Daily Analysis – January 26, 2018

by ForexCycle.com | January 26, 2018 3:02 am
AUDUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 0.7501. As long as the trend line support holds, the fall from 0.8118 could be treated as consolidation of the...

GBPUSD Daily Analysis – January 26, 2018

by ForexCycle.com | January 26, 2018 3:01 am
GBPUSD remains in the uptrend from 1.3458. As long as the price is above the rising trend line on the 4-hour chart, the fall from 1.4345 could be treated as consolidation of the uptrend and another rise...

EURUSD Daily Analysis – January 26, 2018

by ForexCycle.com | January 26, 2018 3:01 am
EURUSD remains in the uptrend from 1.1915, the fall from 1.2537 is likely consolidation of the uptrend. As long as the price is in the rising price channel on the 4-hour chart, the uptrend could be expected...

USDCAD Daily Analysis – January 25, 2018

by ForexCycle.com | January 25, 2018 3:07 am
USDCAD broke below 1.2355 support and continued its downside movement from 1.2920. Further decline could be expected and next target would be at 1.2200 area. Near term resistance is at 1.2400, only break above this level could...

USDJPY Daily Analysis – January 25, 2018

by ForexCycle.com | January 25, 2018 3:07 am
After a sideways consolidation, USDJPY broke below 110.19 support and extended its downside movement to as low as 108.96. Further decline could be expected and next target would be at 107.31. Near term resistance is at 109.50,...

AUDUSD Daily Analysis – January 25, 2018

by ForexCycle.com | January 25, 2018 3:06 am
AUDUSD broke above 0.8038 resistance and extended its upside movement from 0.7501 to as high as 0.8085. As long as the price is above the bullish trend line on the 4-hour chart, further rise is still possible...

GBPUSD Daily Analysis – January 25, 2018

by ForexCycle.com | January 25, 2018 3:06 am
GBPUSD extended its upside movement from 1.3458 to as high as 1.4262. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...

EURUSD Daily Analysis – January 25, 2018

by ForexCycle.com | January 25, 2018 3:05 am
EURUSD broke above 1.2323 resistance and extended its upside movement from 1.1915 to as high as 1.2416. Further rise is still possible after after a minor consolidation and next target would be at 1.2500 area. Near term...