EURUSD Daily Analysis – November 8, 2018

by ForexCycle.com | November 8, 2018 3:04 am
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1302. As long as the trend line support holds, the pullback from 1.1499 could be treated as consolidation for the...

USDCAD Daily Analysis – November 7, 2018

by ForexCycle.com | November 7, 2018 2:39 am
USDCAD moved sideways in a trading range between 1.3048 and 1.3169. As long as 1.3048 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2782 and further rise to...

USDJPY Daily Analysis – November 7, 2018

by ForexCycle.com | November 7, 2018 2:38 am
USDJPY broke above 113.38 resistance and extended its upside movement from 111.37 to as high as 113.72. Further rise is still possible and next target would be at 114.00 area. Key support is at 112.55, only a...

AUDUSD Daily Analysis – November 7, 2018

by ForexCycle.com | November 7, 2018 2:38 am
AUDUSD failed to break above 0.7258 resistance and stayed in a trading range between 0.7180 and 0.7258. Support is at 0.7180, as long as this level holds, the price action in the range could be treated as...

GBPUSD Daily Analysis – November 7, 2018

by ForexCycle.com | November 7, 2018 2:36 am
GBPUSD’s upside movement from 1.2695 extended to as high as 1.3142. Near term support is at 1.3000, as long as this level holds, the upside movement could be expected to continue and next target would be at...

EURUSD Daily Analysis – November 7, 2018

by ForexCycle.com | November 7, 2018 2:36 am
EURUSD extended its upside movement from 1.1302 to as high as 1.1472. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

USDCAD Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:35 am
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2782. Another rise to test 1.3169 resistance would likely be seen and a break of this level would take the...

USDJPY Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:35 am
USDJPY is testing the resistance level at 113.38. A breakout of this level would indicate that the upside movement from 111.37 has resumed, then next target would be at 114.00 area. Key support is at 112.55, only...

AUDUSD Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:34 am
AUDUSD formed a sideways consolidation in a trading range between 0.7180 and 0.7258. As long as 0.7180 support holds, the upside movement from 0.7020 could be expected to resume and further rise to 0.7300 area is still...

GBPUSD Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:33 am
GBPUSD extended its upside movement from 1.2695 to as high as 1.3067. Near term support is at 1.2950, as long as this level holds, the upside movement could be expected to continue and next target would be...