EURUSD Daily Analysis – September 13, 2016

by ForexCycle.com | September 13, 2016 2:16 am
EURUSD stays in the upward price channel on 4-hour chart, indicating that the pair remains in uptrend from 1.1123. As long as the channel support holds, the fall from 1.1326 could be treated as consolidation of the...

USDCAD Daily Analysis – September 12, 2016

by ForexCycle.com | September 12, 2016 2:09 am
USDCAD failed to break below 1.2763 support and rebounded strongly from 1.2822. Further rise to test 1.3147 resistance is possible in a couple of days. A break of this level will signal resumption of the uptrend from...

USDJPY Daily Analysis – September 12, 2016

by ForexCycle.com | September 12, 2016 2:09 am
USDJPY’s rise from 101.20 extended to as high as 103.05. Further rise to test 104.31 resistance is possible in a couple of days. A break of this level will signal resumption of the uptrend from 99.52, then...

AUDUSD Daily Analysis – September 12, 2016

by ForexCycle.com | September 12, 2016 2:08 am
AUDUSD failed to break above 0.7755 resistance and is now facing 0.7489 support. A breakdown below this level will indicate that the uptrend from 0.7144 (May 24 low) had completed at 0.7755 already, then next target would...

GBPUSD Daily Analysis – September 12, 2016

by ForexCycle.com | September 12, 2016 2:07 am
GBPUSD is facing the support of the price channel on 4-hour channel. As long as the channel support holds, the uptrend from 1.2865 could be expected to resume, and next target would be at 1.3700 area. However,...

EURUSD Daily Analysis – September 12, 2016

by ForexCycle.com | September 12, 2016 2:07 am
After touching that bottom of the price channel on 4-hour chart, EURUSD rebounded from 1.1198, indicating that the pair remains in uptrend from 1.1123, and the fall from 1.1326 would possibly be correction of the uptrend. Another...

USDCAD Daily Analysis – September 9, 2016

by ForexCycle.com | September 9, 2016 3:03 am
USDCAD remains in downtrend from 1.3147, the rise from 1.2822 could be treated as consolidation of the downtrend. Further decline to test 1.2763 support is still possible after consolidation. Resistance is at 1.2970, only break above this...

USDJPY Daily Analysis – September 9, 2016

by ForexCycle.com | September 9, 2016 3:03 am
USDJPY is in downtrend from 104.31. The rise from 101.20 is likely consolidation of the downtrend. Further decline is possible after consolidation, and next target would be at 100.00 area. Key support is at 99.52, a breakdown...

AUDUSD Daily Analysis – September 9, 2016

by ForexCycle.com | September 9, 2016 3:02 am
Being contained by 0.7755 resistance, AUDUSD pulled back from 0.7731. However, the fall would possibly be consolidation of the uptrend from 0.7489. Another rise is still possible after consolidation, and next target would be at 0.7800 area....

GBPUSD Daily Analysis – September 9, 2016

by ForexCycle.com | September 9, 2016 3:02 am
GBPUSD stays in a upward price channel on 4-hour chart, indicating that the pair remains in uptrend from 1.2865. Support is located at the bottom of the channel. As long as the channel support holds, the uptrend...