EURUSD Daily Analysis – September 26, 2018

by ForexCycle.com | September 26, 2018 4:11 am
EURUSD moved sideways in a trading range between 1.1724 and 1.1815. As long as the price is in the bullish price channel on the 4-hour chart, the sideways move could be treated as consolidation for the uptrend...

USDCAD Daily Analysis – September 25, 2018

by ForexCycle.com | September 25, 2018 12:57 am
USDCAD is in consolidation for the downtrend from 1.3226. Range trading between 1.2884 and 1.2980 would likely be seen in a couple of days. Near term resistance is at the top of the price channel on the...

USDJPY Daily Analysis – September 25, 2018

by ForexCycle.com | September 25, 2018 12:57 am
USDJPY is facing 112.87 resistance, a breakout of this level could trigger further upside movement towards 113.50 area. Key support is now at 112.39, only a breakdown below this level could bring the price back to next...

AUDUSD Daily Analysis – September 25, 2018

by ForexCycle.com | September 25, 2018 12:56 am
AUDUSD is in consolidation for the uptrend from 0.7085. Range trading between 0.7200 and 0.7303 would likely be seen in a couple of days. As long as 0.7200 support holds, the upside movement could be expected to...

GBPUSD Daily Analysis – September 25, 2018

by ForexCycle.com | September 25, 2018 12:56 am
GBPUSD is now in downtrend from 1.3298, the bounce from 1.3054 is likely correction for the downtrend. Another fall could be expected and a breakdown below 1.3054 support could trigger further downside movement towards 1.2750 area. Resistance...

EURUSD Daily Analysis – September 25, 2018

by ForexCycle.com | September 25, 2018 12:55 am
EURUSD remains in the uptrend from 11.1526, as long as the price is in the bullish price channel on the 4-hour chart, the pullback from 1.1815 could be treated as consolidation for the uptrend. Further rise could...

USDCAD Daily Analysis – September 24, 2018

by ForexCycle.com | September 24, 2018 2:04 am
USDCAD remains in the downtrend from 1.3226, the bounce from 1.2884 is likely consolidation for the downtrend. Near term resistance is at 1.2980, as long as this level holds, the downtrend could be expected to continue and...

USDJPY Daily Analysis – September 24, 2018

by ForexCycle.com | September 24, 2018 2:03 am
USDJPY stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 112.87. As long as the channel support holds, the fall from 112.87 could be treated as consolidation for the uptrend...

AUDUSD Daily Analysis – September 24, 2018

by ForexCycle.com | September 24, 2018 2:03 am
AUDUSD remains in the uptrend from 0.7085, the pullback from 0.7303 is likely consolidation for the uptrend. Near term support is at 0.7200, as long as this level holds, the upside movement could be expected to continue...

GBPUSD Daily Analysis – September 24, 2018

by ForexCycle.com | September 24, 2018 2:02 am
GBPUSD broke below the bottom of the price channel on the 4-hour chart, suggesting that the upside movement from 1.2785 had completed at 1.3298 already. Further decline would likely be seen after a minor consolidation and next...