GBPUSD Daily Analysis – November 19, 2019

by ForexCycle.com | November 19, 2019 4:26 am
GBPUSD extended its upside movement from 1.2768 to as high as 1.2985. Further rise to test 1.3012 resistance is possible in the coming days, a break of this level could signal resumption of the uptrend from 1.1958...

EURUSD Daily Analysis – November 19, 2019

by ForexCycle.com | November 19, 2019 4:25 am
EURUSD’s upside movement from 1.0989 extended to as high as 1.1090. Further rise is still possible after a minor consolidation and next target would be at 1.1150 area. Near term support is at 1.1050, a breakdown below...

USDCAD Daily Analysis – November 18, 2019

by ForexCycle.com | November 17, 2019 11:44 pm
USDCAD is facing 1.3212 support, a breakdown below this level could take the price to next support level at around 1.3160. Resistance is at 1.3270, only break above this level could trigger another rise towards 1.3300.

USDJPY Daily Analysis – November 18, 2019

by ForexCycle.com | November 17, 2019 11:43 pm
USDJPY broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 109.48 had completed at 108.23 already. Further rally could be expected in the coming days and next target would be...

AUDUSD Daily Analysis – November 18, 2019

by ForexCycle.com | November 17, 2019 11:43 pm
AUDUSD broke above the resistance of the falling price channel on the 4-hour chart, suggesting that consolidation for the downtrend from 0.6929 is underway. Range trading between 0.6769 and 0.6840 would likely be seen in the coming...

GBPUSD Daily Analysis – November 18, 2019

by ForexCycle.com | November 17, 2019 11:42 pm
GBPUSD broke above 1.2898 resistance. Further rally would likely be seen and next target would be at 1.2950, followed by 1.3000. Support is at 1.2810, a breakdown below this level could trigger another downside movement towards 1.2750.

EURUSD Daily Analysis – November 18, 2019

by ForexCycle.com | November 17, 2019 11:41 pm
EURUSD extended its upside movement from 1.0989 to as high as 1.1056. Further rally would likely be seen in a couple of days and next target would be at 1.1100 area. Near term support is at 1.1030,...

USDCAD Weekly Analysis – November 17, 2019

by ForexCycle.com | November 17, 2019 10:54 am
USDCAD’s bounce from 1.3041 extended to as high as 1.3270. Further rise is still possible and next target would be at 1.3350 area. Near term support is at 1.3170, a breakdown below this level could trigger another...

USDJPY Weekly Analysis – November 17, 2019

by ForexCycle.com | November 17, 2019 10:52 am
USDJPY stays in a rising price channel on the daily chart and remains in the uptrend from 104.44. As long as the channel support holds, the upside movement could be expected to continue and next target would...

AUDUSD Weekly Analysis – November 17, 2019

by ForexCycle.com | November 17, 2019 10:51 am
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7205. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...