USDCAD Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:47 am
USDCAD broke above 1.3071 resistance, suggesting that the upside movement from 1.2782 has resumed. Further rise could be expected and next target would be at 1.3150 area. Support is at 1.3015, only a breakdown below this level...

USDJPY Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:47 am
USDJPY remains in the uptrend from 111.62, the fall from 112.72 is likely correction for the uptrend. Another rise could be expected after the correction and a breakout of 112.72 resistance could take the price to next...

AUDUSD Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:47 am
AUDUSD broke below 0.7095 support, suggesting that the short term uptrend from 0.7041 had completed at 0.7159 already. Further decline could be expected and next target would be at 0.7041 previous low. Resistance is at 0.7130, only...

GBPUSD Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:46 am
GBPUSD broke below 1.3082 support and extended its downside movement from 1.3257 to as low as 1.3014. Further decline is still possible after a minor consolidation and next target would be at 1.2950 area. Resistance is at...

EURUSD Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:46 am
EURUSD extended its downside movement from 1.1622 to as low as 1.1449. Further decline to test 1.1432 support is possible, a breakdown below this level could take the price to next support level at around 1.1350. Near...

USDCAD Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:23 am
USDCAD broke above 1.3000 resistance, suggesting that the falling from 1.3071 had completed at 1.2915 already. Further rise could be expected and a break of 1.3071 resistance could take the price to 1.3150 area. Support is at...

USDJPY Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:23 am
USDJPY’s bounce from 111.62 extended to as high as 112.72. Further rise could be expected and next target would be at 113.50 area. Support is at the rising trend line on the 4-hour chart, only a breakdown...

AUDUSD Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:22 am
AUDUSD failed to break below 0.7095 support, suggesting that the pair remains in the uptrend from 0.7041. Further rally could be expected and next target would be at 0.7200 area. Key support is at 0.7095, only a...

GBPUSD Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:22 am
GBPUSD is facing 1.3082 support, a breakdown below this level could trigger further downside movement to 1.3050 area. Resistance is at 1.3150, only a breakout of this level could bring the price back to test 1.3257 resistance.

EURUSD Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:21 am
EURUSD broke below 1.1534 support, suggesting that the upside movement from 1.1432 had completed at 1.1622 already. Further decline to test 1.1432 support could be expected in the coming days. Resistance is at 1.1530, only a break...