EURUSD Daily Analysis – June 20, 2017

by ForexCycle.com | June 20, 2017 2:00 am
EURUSD continued its sideways movement in a range between 1.1109 and 1.1295. As long as the pair is above 1.1109 support, the sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low),...

USDCAD Daily Analysis – June 19, 2017

by ForexCycle.com | June 19, 2017 1:03 am
USDCAD is forming sideways movement in a trading range between 1.3164 and 1.3308. Near term resistance is at 1.3308, a break through this level could take price to test the key resistance level at 1.3350. As long...

USDJPY Daily Analysis – June 19, 2017

by ForexCycle.com | June 19, 2017 1:02 am
USDJPY is now in uptrend from 108.81. the fall from 111.41 could be treated as consolidation of the uptrend. Support is at 109.70, as long as this level holds, the uptrend could be expected to continue and...

AUDUSD Daily Analysis – June 19, 2017

by ForexCycle.com | June 19, 2017 1:01 am
AUDUSD is facing 0.7635 resistance, a break of this level will signal resumption of the uptrend from 0.7371, then the following bullish movement could bring price into 0.7700 zone. Support levels are at 0.7565 and 0.7519, only...

GBPUSD Daily Analysis – June 19, 2017

by ForexCycle.com | June 19, 2017 1:00 am
GBPUSD moved sideways in a trading range between 1.2634 and 1.2817. The key resistance is at 1.2850, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 1.3047 and...

EURUSD Daily Analysis – June 19, 2017

by ForexCycle.com | June 19, 2017 12:59 am
EURUSD failed to break below the 1.1109 key support and stays in the trading range between 1.1109 and 1.1295, indicating that the pair remains in the uptrend from 1.0569 (Apr 10 low), and the sideways movement in...

USDCAD Daily Analysis – June 16, 2017

by ForexCycle.com | June 16, 2017 1:41 am
USDCAD broke above 1.3300 resistance, indicating that consolidation of the downtrend from 1.3793 is underway. Range trading between 1.3164 and 1.3350 would likely be seen over the next several days. As long as 1.3350 resistance holds, the...

USDJPY Daily Analysis – June 16, 2017

by ForexCycle.com | June 16, 2017 1:40 am
USDJPY broke above the descending trend line on its 4-hour chart, indicating that the bearish movement from 114.36 had completed at 108.81 already. Further rally could be expected over the next several days, and next target would...

AUDUSD Daily Analysis – June 16, 2017

by ForexCycle.com | June 16, 2017 1:38 am
AUDUSD remains in uptrend from 0.7371, the pullback from 0.7635 is likely consolidation of the uptrend. Key support is at 0.7519, as long as the pair is above this level, the uptrend could be expected to continue,...

GBPUSD Daily Analysis – June 16, 2017

by ForexCycle.com | June 16, 2017 1:37 am
GBPUSD remains in the downtrend from 1.3047, the bounce from 1.2634 could be treated as consolidation of the downtrend. Range trading between 1.2634 and 1.2850 would likely be seen in a couple of days. As long as...