USDJPY Daily Analysis – July 22, 2020
USDJPY is facing 106.64 support. A breakdown below this level could trigger further downside movement towards 106.00. Resistance is at 107.53, a breakout of this level could take the price to 108.50 area.
Author: ForexCycle.com
AUDUSD Daily Analysis – July 22, 2020
AUDUSD broke above 0.7063 resistance and extended its upside movement from 0.6832 to as high as 0.7146. Further rise could be expected after a minor consolidation and next target would be at 0.7250 area. Near term support...
GBPUSD Daily Analysis – July 22, 2020
GBPUSD extended its upside movement from 1.2251 to as high as 1.2767. Further rise would likely be seen after a minor consolidation and next target would be at 1.2900 area. Near term support is at 1.2650, a...
EURUSD Daily Analysis – July 22, 2020
EURUSD’s upside movement from 1.1184 extended to as high as 1.1542. Further rise is possible after a minor consolidation and next target would be at 1.1600 area. Support is located at the rising trend line on the...
USDCAD Daily Analysis – July 21, 2020
USDCAD is facing 1.3485 support once again. A breakdown below this level could trigger another fall towards 1.3300. Resistance level is at 1.3645, a breakout of this level could take the price to 1.3800 zone.
USDJPY Daily Analysis – July 21, 2020
USDJPY broke above 107.43 resistance. Further rally would likely be seen in the coming days and next target would be at 108.50 area. Support is at 106.64, a breakdown below this level could trigger another fall towards...
AUDUSD Daily Analysis – July 21, 2020
AUDUSD is facing 0.7037 resistance. A breakout of this level could trigger further upside movement towards 0.7100. Support is located at the rising trend line on the 4-hour chart, only a breakdown below the trend line support...
GBPUSD Daily Analysis – July 21, 2020
GBPUSD broke above 1.2669 resistance, suggesting that the uptrend from 1.2251 has resumed. Further rise could be expected and next target would be at 1.2800 area. Key support is at 1.2479, only break below this level could...
EURUSD Daily Analysis – July 21, 2020
EURUSD extended its upside movement from 1.1184 to as high as 1.1469. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue, and next...
USDCAD Daily Analysis – July 20, 2020
USDCAD continued its sideways movement in a trading range between 1.3490 and 1.3645. A breakdown below 1.3490 support could take the price to 1.3300 area, and a breakout above1.3645 resistance could trigger further upside movement towards 1.3800.