EURUSD Daily Analysis – June 30, 2017

by ForexCycle.com | June 30, 2017 2:36 am
EURUSD’s bullish movement from 1.1118 extended to as high as 1.1445, facing the important resistance level of 1.1450. If the price breaks and settles above this level, it would trigger a long term bullish movement towards 1.2700....

USDCAD Daily Analysis – June 29, 2017

by ForexCycle.com | June 29, 2017 12:35 am
USDCAD’s bearish movement from 1.3347 extended to as low as 1.3012. Near term resistance is at 1.3080, as long as the pair is below this level, the bearish movement could be expected to continue and further decline...

USDJPY Daily Analysis – June 29, 2017

by ForexCycle.com | June 29, 2017 12:34 am
USDJPY remains in uptrend from 108.81. Further rise could be expected in a couple of days and next target would be at 113.50 area. Near term support is at 111.80, only a breakdown below this level will...

AUDUSD Daily Analysis – June 29, 2017

by ForexCycle.com | June 29, 2017 12:33 am
AUDUSD broke above 0.7635 resistance, indicating that the uptrend from 0.7371 has resumed. Further rise could be expected after a minor consolidation and next target would be at 0.7700. Near term support is at 0.7575, as long...

GBPUSD Daily Analysis – June 29, 2017

by ForexCycle.com | June 29, 2017 12:32 am
GBPUSD rose strongly to as high as 1.2972. Near term support is now at 1.2870, as long as this level holds, the uptrend could be expected to continue and further rise to test 1.3047 resistance is possible...

EURUSD Daily Analysis – June 29, 2017

by ForexCycle.com | June 29, 2017 12:32 am
EURUSD continued its bullish movement from 1.1118 and the rise extended to as high as 1.1390. Support is now at 1.1290, as long as this level holds, the uptrend could be expected to continue and next target...

USDCAD Daily Analysis – June 28, 2017

by ForexCycle.com | June 28, 2017 1:25 am
After consolidation, USDCAD broke below 1.3164 support and continued its bearish movement from 1.3793 (May 5 high), and the fall extended to as low as 1.3147. Further decline could be expected during the coming days and next...

USDJPY Daily Analysis – June 28, 2017

by ForexCycle.com | June 28, 2017 1:24 am
USDJPY’s bullish movement extended to as high as 112.46. Near term support is at 111.50, as long as this level holds, the uptrend from 108.81 could be expected to continue and next target would be at 113.50...

AUDUSD Daily Analysis – June 28, 2017

by ForexCycle.com | June 28, 2017 1:23 am
AUDUSD continued its sideways movement in a trading range between 0.7519 and 0.7635. As long as the pair is above 0.7519 key support, the sideways move could be treated as consolidation of the uptrend 0.7371, and another...

GBPUSD Daily Analysis – June 28, 2017

by ForexCycle.com | June 28, 2017 1:21 am
GBPUSD moved above 1.2817 resistance, indicating that the downtrend from 1.3047 had completed at 1.2589 already. Further rally would likely be seen and next target would be at 1.2950 area. Near term support is at the ascending...