EURUSD Daily Analysis – July 5, 2017

by ForexCycle.com | July 5, 2017 3:31 am
EURUSD is in consolidation of the uptrend from 1.1118. Range trading between 1.1290 and 1.1445 would likely be seen in a couple of days. As long as the 1.1290 key support holds, the uptrend from 1.1118 could...

USDCAD Daily Analysis – July 4, 2017

by ForexCycle.com | July 4, 2017 1:32 am
USDCAD stays in the bearish price channel on its 4-hour chart and remains in downtrend from 1.3347. As long as the pair is in the channel, the bounce from 1.2946 could be treated as consolidation of the...

USDJPY Daily Analysis – July 4, 2017

by ForexCycle.com | July 4, 2017 1:31 am
USDJPY continued its upside movement from 108.81 and the rise extended to as high as 113.47. Near term support is at the rising trend line on its 4-hour chart. As long as the pair is above the...

AUDUSD Daily Analysis – July 4, 2017

by ForexCycle.com | July 4, 2017 1:29 am
AUDUSD’s fall from 0.7712 extended to as low as 0.7644. However, the fall is likely consolidation of the uptrend from 0.7535, as long as the pair is above the rising trend line on its 4-hour chart, the...

GBPUSD Daily Analysis – July 4, 2017

by ForexCycle.com | July 4, 2017 1:28 am
GBPUSD’s pullback from 1.3029 extended to as low as 1.2929. As long as 1.2900 support holds, the fall could be treated as consolidation of the uptrend from 1.2589 and further rise towards 1.3200 is still possible after...

EURUSD Daily Analysis – July 4, 2017

by ForexCycle.com | July 4, 2017 1:27 am
Under pressure by the 1.1450 resistance, EURUSD pulled back to 1.1355, suggesting that consolidation for the uptrend from 1.1118 is underway. Range trading between 1.1350 and 1.1445 would likely be seen in a couple days. As long...

USDCAD Daily Analysis – July 3, 2017

by ForexCycle.com | July 3, 2017 5:32 am
USDCAD remains in downtrend from 1.3347 and the fall extended to as low as 1.2946. Near term resistance is at the top trend line of the price channel on its 4-hour chart. As long as the channel...

USDJPY Daily Analysis – July 3, 2017

by ForexCycle.com | July 3, 2017 5:30 am
USDJPY failed to break below the bottom support trend line of the price channel on its 4-hour chart, and rebounded from 111.73, indicating that the pair remains in uptrend 108.81. As long as the channel support holds,...

AUDUSD Daily Analysis – July 3, 2017

by ForexCycle.com | July 3, 2017 5:29 am
AUDUSD remains in uptrend from 0.7535, the pullback from 0.7712 could be treated as consolidation of the uptrend. Near term support is at the bottom trend line of the price channel on its 4-hour chart. As long...

GBPUSD Daily Analysis – July 3, 2017

by ForexCycle.com | July 3, 2017 5:27 am
Under pressure by 1.3047 (May 18 high) resistance, GBPUSD pulled back from 1.3029, suggesting that consolidation for the uptrend from 1.2589 is underway. Range trading between 1.2900 and 1.3029 would likely be seen in a couple of...