EURUSD Daily Analysis – October 4, 2017

by ForexCycle.com | October 4, 2017 12:45 am
EURUSD is facing the resistance of the top trend line of the price channel on the 4-hour chart. Breakout of the channel resistance could bring price to test 1.1832 resistance. Above this level could indicate that the...

USDCAD Daily Analysis – October 3, 2017

by ForexCycle.com | October 3, 2017 12:22 am
USDCAD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.2061. As long as the trend line support holds, the uptrend could be expected to continue and further rise to...

USDJPY Daily Analysis – October 3, 2017

by ForexCycle.com | October 3, 2017 12:21 am
USDJPY stays in a rising price channel on its 4-hour chart and remains in the uptrend from 107.31. As long as the channel support holds, the uptrend could be expected to continue and a breakout of 113.25...

AUDUSD Daily Analysis – October 3, 2017

by ForexCycle.com | October 3, 2017 12:20 am
AUDUSD continued its downside movement from 0.8102 and the fall extended to as low as 0.7795. Near term resistance is at the top trend line of the price channel on the 4-hour chart. As long as the...

GBPUSD Daily Analysis – October 3, 2017

by ForexCycle.com | October 3, 2017 12:19 am
GBPUSD extended its downside movement from 1.3652 to as low as 1.3256. Near term resistance is at the bearish trend line on the 4-hour chart. As long as the price is below the trend line, the downside...

EURUSD Daily Analysis – October 3, 2017

by ForexCycle.com | October 3, 2017 12:19 am
EURUSD failed in its attempt to break above the top trend line of the price channel on the 4-hour chart and dropped down from 1.1832, indicating that the pair remains in the downtrend from 1.2029. Further decline...

USDCAD Daily Analysis – October 2, 2017

by ForexCycle.com | October 2, 2017 2:20 am
USDCAD extended its upside movement from 1.2061 to as high as 1.2532. As long as the price is above the rising trend line on the 4-hour chart, the uptrend could be expected to continue and next target...

USDJPY Daily Analysis – October 2, 2017

by ForexCycle.com | October 2, 2017 2:17 am
USDJPY remains in the uptrend from 107.31, the fall from 113.25 is likely consolidation of the uptrend. Near term support is at the bottom trend line of the price channel on the 4-hour chart. As long as...

AUDUSD Daily Analysis – October 2, 2017

by ForexCycle.com | October 2, 2017 2:16 am
AUDUSD moves in a bearish price channel on the 4-hour chart and remains in the downtrend from 0.8102. As long as the channel resistance holds, the downtrend could be expected to continue and next target would be...

GBPUSD Daily Analysis – October 2, 2017

by ForexCycle.com | October 2, 2017 2:15 am
GBPUSD stays in a falling price channel on its 4-hour chart, suggesting that the pair remains in the downtrend from 1.3652. As long as the price is in the channel, the downside movement could be expected to...