USDCAD Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 1:09 am
The USDCAD currency pair has experienced an extended decline, reaching as low as 1.3285 after breaking below the important support level at 1.3300. This downward movement suggests that further downside potential exists, with the next target expected...

USDJPY Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 1:04 am
The USDJPY currency pair has been trading within a defined range, with the upper limit at 140.91 and the lower boundary at 138.42. This sideways movement suggests a period of consolidation for the uptrend that originated from...

AUDUSD Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 1:00 am
The AUDUSD currency pair has displayed impressive strength, extending its upward move from 0.6457 to reach as high as 0.6806. This surge indicates a continuation of the bullish trend that has been in place for some time....

GBPUSD Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 12:56 am
The GBPUSD currency pair has been showing resilience as it maintains its upward trajectory from the 1.2307 level. However, in recent trading sessions, the pair has encountered resistance at the upper boundary of a rising price channel...

EURUSD Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 12:51 am
The EURUSD currency pair has been exhibiting an uptrend since its low at 1.0635, demonstrating a bullish bias in recent trading sessions. Traders are now closely observing the potential for further upside momentum in the pair. Currently,...

USDCAD Daily Analysis – June 13, 2023

by ForexCycle.com | June 13, 2023 7:24 am
The USDCAD currency pair has been trading in a sideways manner, confined within a trading range between 1.3312 and 1.3387. This consolidation phase suggests a period of indecision and balance between buyers and sellers in the market....

USDJPY Daily Analysis – June 13, 2023

by ForexCycle.com | June 13, 2023 7:21 am
The USDJPY currency pair has been engaged in a sideways movement, confined within a trading range between 138.42 and 140.91. This consolidation phase suggests a temporary pause in the uptrend that originated from the 133.49 level. As...

AUDUSD Daily Analysis – June 13, 2023

by ForexCycle.com | June 13, 2023 7:18 am
The AUDUSD currency pair has experienced an extended upside movement, reaching as high as 0.6782 from the 0.6457 level. This upward trend is anticipated to persist, with the next target set at the previous high of 0.6817....

GBPUSD Daily Analysis – June 13, 2023

by ForexCycle.com | June 13, 2023 7:14 am
The GBPUSD currency pair has remained within a rising price channel on the 4-hour chart, indicating the continuation of its uptrend from the 1.2307 level. Traders can anticipate further upward movement in the pair, with the next...