USDJPY Daily Analysis – February 19, 2018

by ForexCycle.com | February 19, 2018 5:32 am
USDJPY extended its downside movement from 110.48 to as low as 105.54. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

AUDUSD Daily Analysis – February 19, 2018

by ForexCycle.com | February 19, 2018 5:32 am
AUDUSD is now in the uptrend from 0.7759, the fall from 0.7988 could be treated as consolidation of the uptrend. Support levels are at 0.7890 and 0.7865. As long as these levels hold, the uptrend could be...

GBPUSD Daily Analysis – February 19, 2018

by ForexCycle.com | February 19, 2018 5:31 am
GBPUSD broke above 1.4066 resistance, confirming that the downside movement from 1.4345 had completed at 1.3764 already. Further rally would likely be seen in the coming days, and next target would be at 1.4300 area. Support levels...

EURUSD Daily Analysis – February 19, 2018

by ForexCycle.com | February 19, 2018 5:30 am
EURUSD remains in the uptrend from 1.2205, the fall from 1.2555 is likely correction for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the uptrend could be expected...

USDJPY Downtrend Correction (February 19, 2018)

by Kate Curtis | February 19, 2018 2:43 am
USDJPY recently broke below a major support zone, confirming that a downtrend is underway. Price appears to be finding support at current levels, though, so a pullback is also possible. Stochastic is on its way up to...

USDCAD Weekly Analysis – February 18, 2018

by ForexCycle.com | February 18, 2018 8:02 am
USDCAD remains in the downtrend from 1.2920, the bounce from 1.2248 is likely correction for the downtrend. Another fall could be expected after the correction and a breakdown below 1.2248 support could take price to next support...

USDJPY Weekly Analysis – February 18, 2018

by ForexCycle.com | February 18, 2018 8:01 am
USDJPY broke below 107.31 support and extended its downside movement from 113.75 to as low as 105.54. As long as the price is below the falling trend line on the daily chart, further decline is still possible...

AUDUSD Weekly Analysis – February 18, 2018

by ForexCycle.com | February 18, 2018 8:00 am
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7758 is likely correction of the downtrend. Another fall could be expected to correction and a breakdown below 0.7758 support could trigger further downside movement towards 0.7500....

GBPUSD Weekly Analysis – February 18, 2018

by ForexCycle.com | February 18, 2018 8:00 am
GBPUSD failed to break below the support of the bullish trend line on the daily chart and rebounded from 1.3764, indicating that the pair remains in the uptrend from 1.3027. As long as the trend line support...

EURUSD Weekly Analysis – February 18, 2018

by ForexCycle.com | February 18, 2018 7:59 am
EURUSD broke above 1.2537 resistance and extended its upside movement from 1.1554 to as high as 1.2555. As long as the price is above the bullish trend line on the daily chart, the upside movement could be...