USDCAD Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:20 am
USDCAD failed to break below 1.3230 support and stayed in a trading range between 1.3230 and 1.3309. As long as 1.3230 support holds, the price action in the range could be treated as consolidation for the uptrend...

USDJPY Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:19 am
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 108.47 had completed at 106.95 already. Further rally could be expected in the coming days and next target would be...

AUDUSD Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:18 am
AUDUSD broke below 0.6759 support and extended its downside movement from 0.6894 to as low as 0.6738. Further decline could be expected in a couple of days and next target would be at 0.6700 area. Key resistance...

GBPUSD Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:18 am
GBPUSD broke below 1.2392 support, suggesting that the upside movement from 1.1958 had completed at 1.2581 already. Deeper decline would likely be seen and next target would be at 1.2260 area. Resistance is at the bearish trend...

EURUSD Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:17 am
EURUSD extended its downside movement from 1.1109 to as low as 1.0937, facing 1.0925 support once again, a breakdown below this level would indicate that the longer term downtrend from 1.1412 (Jun 25 high) has resumed, then...

USDCAD Daily Analysis – September 25, 2019

by ForexCycle.com | September 25, 2019 3:45 am
USDCAD is facing 1.3230 support, a breakdown below this level would indicate that the uptrend from 1.3133 had completed at 1.3309 already, then another fall towards 1.3100 could be seen. However, as long as 1.3230 support holds,...

USDJPY Daily Analysis – September 25, 2019

by ForexCycle.com | September 25, 2019 3:44 am
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 108.47. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

AUDUSD Daily Analysis – September 25, 2019

by ForexCycle.com | September 25, 2019 3:44 am
AUDUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 0.6894 had completed at 0.6759 already. Further ally would likely be seen in a couple of days and next target...

GBPUSD Daily Analysis – September 25, 2019

by ForexCycle.com | September 25, 2019 3:43 am
GBPUSD failed to break below 1.2392 support, suggesting that the pair remains in the uptrend from 1.1958. Another rise towards 1.2600 would likely be seen in the coming days. Only a breakdown below 1.2392 support would indicate...

EURUSD Daily Analysis – September 25, 2019

by ForexCycle.com | September 25, 2019 3:42 am
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1109. As long as the trend line resistance holds, further decline could be expected and next target would be at...