USDCAD Daily Analysis – April 30, 2019

by ForexCycle.com | April 30, 2019 2:51 am
USDCAD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the fall from 1.3520 could be treated as consolidation for the uptrend from 1.3274, another...

USDJPY Daily Analysis – April 30, 2019

by ForexCycle.com | April 30, 2019 2:50 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 109.70. As long as the channel support holds, the pullback from 112.40 could be treated as consolidation for the uptrend,...

AUDUSD Daily Analysis – April 30, 2019

by ForexCycle.com | April 30, 2019 2:49 am
AUDUSD broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 0.7205 had completed at 0.6988 already. Further rally could be expected in the coming days and next target would be...

GBPUSD Daily Analysis – April 30, 2019

by ForexCycle.com | April 30, 2019 2:45 am
GBPUSD is testing the resistance of the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.2865 could be treated as consolidation for the downtrend from 1.3132, further...

EURUSD Daily Analysis – April 30, 2019

by ForexCycle.com | April 30, 2019 2:44 am
EURUSD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.1110 could be treated as consolidation for the downtrend from 1.1323, another...

USDCAD Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:56 am
USDCAD is in consolidation for the uptrend from 1.3274. As long as the price is above the bullish trend line on the 4-hour chart, the uptrend could be expected to resume, a break of 1.3520 resistance could...

USDJPY Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:55 am
USDJPY is facing the support of the price channel on the 4-hour chart. As long as the channel support holds, the pullback from 112.40 could be treated as consolidation for the uptrend from 109.70, another rise towards...

AUDUSD Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:54 am
AUDUSD is facing the resistance of the falling trend line on the 4-hour chart. A clear break above the trend line resistance would indicate that the downtrend from 0.7205 had completed at 0.6988 already, then another rise...

GBPUSD Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:52 am
GBPUSD extended its downside movement from 1.3132 to as low as 1.2865. 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...

EURUSD Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:51 am
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1323. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...