AUDUSD Daily Analysis – November 17, 2016

by ForexCycle.com | November 17, 2016 3:28 am
AUDUSD continued its downward movement from 0.7778 and the fall extended to as low as 0.7460. Further decline is still possible after a minor consolidation, and next target would be at 0.7300 area. Resistance levels are at...

EURUSD Daily Analysis – November 17, 2016

by ForexCycle.com | November 17, 2016 3:27 am
EURUSD’s downward movement from 1.1299 extended to as low as 1.0666. Further decline is still possible after a minor consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.0820 and 1.0900, as long...

USDCAD Daily Analysis – November 16, 2016

by ForexCycle.com | November 16, 2016 1:40 am
USDCAD’s upward movement from 1.3264 had completed at 1.3588 already. Further decline could be expected in a couple of days, and the target would be at 1.3250 area. Resistance level is at 1.3500, only break above this...

USDJPY Daily Analysis – November 16, 2016

by ForexCycle.com | November 16, 2016 1:40 am
USDJPY continued its upward movement from 101.18, and the rise extended to as high as 109.33. Further rise is is still possible after a minor consolidation, and next target would be at 110.00 area. Support levels are...

AUDUSD Daily Analysis – November 16, 2016

by ForexCycle.com | November 16, 2016 1:38 am
AUDUSD’s downward movement from 0.7778 extended to as low as 0.7511. Further decline is still possible after a minor consolidation, and next target would be at 0.7400 area. Resistance is at 0.7620, only break above this level...

GBPUSD Daily Analysis – November 16, 2016

by ForexCycle.com | November 16, 2016 1:38 am
GBPUSD is facing 1.2350 support, a breakdown below this level will indicate that the upward movement from 1.2082 had completed at 1.2673 already, then the following downward move could bring price to 1.2000 area. On the upside,...

EURUSD Daily Analysis – November 16, 2016

by ForexCycle.com | November 16, 2016 1:37 am
EURUSD remains in downtrend from 1.1299, the rise from 1.0709 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.0840 and...

USDCAD Daily Analysis – November 15, 2016

by ForexCycle.com | November 15, 2016 1:30 am
USDCAD’s upward movement from 1.3264 extended to as high as 1.3588. Further rise is still possible and next target would be at 1.3800 area. Support levels are at 1.3500 and 1.3460, as long as these levels hold,...

USDJPY Daily Analysis – November 15, 2016

by ForexCycle.com | November 15, 2016 1:29 am
USDJPY’s upward movement from 101.18 extended to as high as 108.54. Further rise could be expected after a minor consolidation and next target would be at 110.00 area. Support levels are at 106.60 and 105.00, as long...

AUDUSD Daily Analysis – November 15, 2016

by ForexCycle.com | November 15, 2016 1:29 am
AUDUSD broke below 0.7557 support. Further decline could be expected in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7650, as long as this level holds, the downtrend will continue.