GBPUSD Daily Analysis – November 15, 2016

by ForexCycle.com | November 15, 2016 1:28 am
GBPUSD remains in uptrend from 1.2082, the fall from 1.2673 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart, as long as the channel support holds,...

EURUSD Daily Analysis – November 15, 2016

by ForexCycle.com | November 15, 2016 1:26 am
EURUSD’s downward movement from 1.1299 extended to as low as 1.0709. Further decline is still possible after a minor consolidation and next target would be at 1.0600 area. Resistance levels are at 1.0840 and 1.0900, as long...

USDCAD Daily Analysis – November 11, 2016

by ForexCycle.com | November 11, 2016 3:05 am
USDCAD continued its upward movement from 1.3005, and the rise extended to as high as 1.3525. Further rise could be expected over the next several days, and next target would be at 1.3600 area. Key support is...

USDJPY Daily Analysis – November 11, 2016

by ForexCycle.com | November 11, 2016 3:04 am
USDJPY’s upward movement from 101.18 extended to as high as 106.94. Further rise could be expected after a minor consolidation, and next target would be at 108.00 area. Near term support is at 104.90, as long as...

AUDUSD Daily Analysis – November 11, 2016

by ForexCycle.com | November 11, 2016 3:04 am
AUDUSD is facing 0.7557 support, a breakdown below this level will confirm that the uptrend from 0.7506 had completed at 0.7778 already, then the following downward movement could bring price to 0.7000 area.

GBPUSD Daily Analysis – November 11, 2016

by ForexCycle.com | November 11, 2016 3:03 am
GBPUSD’s upward movement from 1.2082 extended to as high as 1.2584. Further rise is still possible and next target would be at 1.2700 area. Support is at d1.2330, only break below this level could bring price back...

EURUSD Daily Analysis – November 11, 2016

by ForexCycle.com | November 11, 2016 3:02 am
EURUSD is facing 1.0851 support, range trading between 1.0864 and 1.1000 would likely be seen before breaking below this level. Resistance is at 1.1000, as long as this level holds, the rise from 1.0864 could be treated...

USDJPY Daily Analysis – November 9, 2016

by ForexCycle.com | November 9, 2016 2:34 am
USDJPY remains in downtrend from 105.53. Further decline could be expected over the next several days, and next target would be at 100.50 area.

AUDUSD Daily Analysis – November 9, 2016

by ForexCycle.com | November 9, 2016 2:34 am
AUDUSD’s upward movement from 0.7557 had completed at 0.7778 already. Deeper decline could be expected in a couple of days, and next target would be at 0.7550 area.

GBPUSD Daily Analysis – November 9, 2016

by ForexCycle.com | November 9, 2016 2:33 am
GBPUSD is facing 1.2330 support, a breakdown below this level will indicate that the upward movement from 1.1946 had completed at 1.2557 already, then further decline to test 1.1946 previous low support could be seen. However, as...