USDJPY Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:10 am
USDJPY broke above the resistance of the falling trend line on the daily chart, suggesting that the downside movement from 112.40 had completed at 104.44 already. Further rally could be expected and next target would be at...

AUDUSD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:09 am
AUDUSD extended its upside movement from 0.6677 to as high as 0.6894. Further rise would likely be seen in a couple of weeks and next target would be at the falling trend line on the daily chart....

GBPUSD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:08 am
GBPUSD broke above the falling price channel on the daily chart, suggesting that the downside movement from 1.3381 had completed at 1.1958 already. Further rally could be expected and next target would be at 1.2800 area. Near...

EURUSD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:07 am
EURUSD is facing the resistance of the falling price channel on the daily chart. As long as the channel resistance holds, the bounce from 1.0925 could be treated as consolidation for the downtrend, further decline to 1.0800...

USDCAD Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:41 am
USDCAD is in consolidation for the downtrend from 1.3382. Range trading between 1.3133 and 1.3250 would likely be seen in the coming days. As long as 1.3250 resistance holds, the downtrend could be expected to resume, and...

USDJPY Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:40 am
USDJPY extended its upside movement from 105.73 to as high as 108.25. 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...

AUDUSD Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:39 am
AUDUSD remains in the uptrend from 0.6687, the pullback from 0.6894 is likely consolidation for the uptrend. As long as 0.6837 support holds, the uptrend could be expected to resume, further rise to 0.6950 area is still...

GBPUSD Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:39 am
GBPUSD remains in the uptrend from 1.1958, the pullback from 1.2385 is likely consolidation for the uptrend. Further rise could be expected and next target would be at 1.2500 area. Key support is at 1.2233, only break...

EURUSD Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:38 am
EURUSD broke above 1.1084 resistance, indicating that the downside movement from 1.1249 had completed at 1.0925 already. Further rally could be expected in the coming days and next target would be at 1.1150 area. Support is at...

USDCAD Daily Analysis – September 12, 2019

by ForexCycle.com | September 12, 2019 3:05 am
USDCAD broke above 1.3191 resistance, suggesting that corrective consolidation for the downtrend from 1.3382 is underway. Range trading between 1.3133 and 1.3250 would likely be seen in a couple of days. As long as 1.3250 resistance holds,...