EURUSD Daily Analysis – September 11, 2017

by ForexCycle.com | September 11, 2017 3:01 am
EURUSD stays above the bullish trend line from 1.1662 to 1.1823 and remains in the uptrend from 1.1662. As long as the price is above the trend line, the upside movement could be expected to continue and...

USDCAD Daily Analysis – September 8, 2017

by ForexCycle.com | September 8, 2017 4:30 am
USDCAD continued its downside movement from 1.2662 and the fall extended to as low as 1.2064. Resistance is at the bearish trend line on the 4-hour chart. As long as the price is below the trend line,...

USDJPY Daily Analysis – September 8, 2017

by ForexCycle.com | September 8, 2017 4:29 am
USDJPY broke below 108.26 support, indicating that the downtrend from 114.49 (Jul 11 high) has resumed. Further decline could be expected and next target would be at 106.50. Near term resistance is at 109.39, only break above...

AUDUSD Daily Analysis – September 8, 2017

by ForexCycle.com | September 8, 2017 4:28 am
AUDUSD broke above 0.8065 previous high resistance. Further rise could be expected after a minor consolidation and next target would be at 0.8162. Support is located at the bullish trend line on the 4-hour chart, only a...

GBPUSD Daily Analysis – September 8, 2017

by ForexCycle.com | September 8, 2017 4:26 am
GBPUSD extended its bullish movement from 1.2774 to as high as 1.3138. As long as the price is above the bullish trend line from 1.2774 to 1.2852 on the 4-hour chart, the upside movement could be expected...

EURUSD Daily Analysis – September 8, 2017

by ForexCycle.com | September 8, 2017 4:26 am
EURUSD broke above 1.2070 resistance, indicating that the uptrend from 1.1662 has resumed. Further rise could be expected and next target would be at 1.2165 area. Near term support is at 1.1979, followed by the bullish trend...

USDCAD Daily Analysis – September 7, 2017

by ForexCycle.com | September 7, 2017 2:52 am
USDCAD dropped sharply to as low as 1.2146. Near term resistance is at the falling trend line on the 4-hour chart. As long as the price is below the trend line, the downtrend from 1.2662 could be...

USDJPY Daily Analysis – September 7, 2017

by ForexCycle.com | September 7, 2017 2:52 am
USDJPY continued its sideways movement in a trading range between 108.26 and 110.94. As long as 110.94 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 114.49 (Jul 11 high) and another...

AUDUSD Daily Analysis – September 7, 2017

by ForexCycle.com | September 7, 2017 2:51 am
AUDUSD stays in a rising price channel on its 4-hour chart and remains in uptrend from 0.7807. As long as the price is in the channel, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – September 7, 2017

by ForexCycle.com | September 7, 2017 2:50 am
GBPUSD stays above a bullish trend line on its 4-hour chart, indicating that the pair remains in the uptrend from 1.2774. As long as the price is above the trend line, the upside movement could be expected...