AUDUSD Daily Analysis – July 23, 2018

by ForexCycle.com | July 23, 2018 3:08 am
AUDUSD failed to break below 1.7310 support and is now facing 0.7442 resistance. A break of this level could trigger further upside movement towards 0.7550. Support is at 0.7380, only a breakdown below this level could bring...

GBPUSD Daily Analysis – July 23, 2018

by ForexCycle.com | July 23, 2018 3:07 am
GBPUSD broke above 1.3085 resistance. Further rally towards the falling trend line on the 4-hour chart is possible. A breakout of the trend line resistance would confirm that the downside movement from 1.3362 had completed at 1.2957...

EURUSD Daily Analysis – July 23, 2018

by ForexCycle.com | July 23, 2018 3:07 am
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1790 had completed at 1.1575 already. Further rise is still possible and next target would be at 1.1800 area. Support...

USDCAD Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:32 pm
USDCAD is in downtrend from 1.3385. Further decline could be expected in a couple of weeks and a breakdown below 1.3063 support could take the price to 1.2900 area. Resistance is at 1.3385, only a breakout of...

USDJPY Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:32 pm
USDJPY stays above a rising trend line on the daily chart and remains in the uptrend from 104.63. As long as the trend line support holds, the fall from 113.17 could be treated as consolidation for the...

AUDUSD Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:31 pm
AUDUSD moved sideways in a trading range between 0.7310 and 0.7483. As long as 0.7483 resistance holds, the sideways move could be treated as consolidation for the downtrend and further decline to 0.7000 area is still possible...

GBPUSD Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:31 pm
GBPUSD extended its downside movement from 1.4376 to as low as 1.2957. Resistance is at the falling trend line on the daily chart. As long as the price is below the trend line, the downside movement could...

EURUSD Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:30 pm
EURUSD continued its sideways movement in a trading range between 1.1508 and 1.1851. As long as 1.1851 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2555 and a breakdown below 1.1508...

USDCAD Daily Analysis – July 20, 2018

by ForexCycle.com | July 20, 2018 2:32 am
USDCAD extended its upside movement from 1.3063 to as high as 1.3289. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expected to continue and next...

USDJPY Daily Analysis – July 20, 2018

by ForexCycle.com | July 20, 2018 2:31 am
USDJPY broke below 112.19 key support, suggesting that the upside movement from 109.36 has completed at 113.17 already. Further decline would likely be seen in the coming days and next target would be at 111.00 area. Resistance...