USDJPY Analysis – September 26, 2023

by ForexCycle.com | September 26, 2023 10:50 am
USD/JPY has maintained its position above the rising trend line on the 4-hour chart, indicating that it remains in an uptrend from 144.43. The pair has continued its upward movement, reaching as high as 149.18. As long...

GBPUSD Analysis – September 26, 2023

by ForexCycle.com | September 26, 2023 10:43 am
GBP/USD has extended its downward movement from 1.2547 to as low as 1.2166. As long as the trend line resistance holds, there is a possibility of the downside move continuing, with the next target to consider around...

EURUSD Analysis – September 26, 2023

by ForexCycle.com | September 26, 2023 10:36 am
EUR/USD has extended its downward movement from 1.1275 to as low as 1.0569. Based on this price action, there is a possibility of further decline in the pair, with the next target to consider around the 1.0500...

USDJPY Analysis – September 25, 2023

by ForexCycle.com | September 25, 2023 10:47 am
USD/JPY has extended its upward movement from 144.43 to as high as 148.65. As long as the price remains above the rising trend line on the 4-hour chart, there is a potential for the upside move to...

GBPUSD Analysis – September 22, 2023

by ForexCycle.com | September 22, 2023 10:30 am
GBP/USD continues to stay below a falling trend line on the 4-hour chart, indicating that the pair is still in a downtrend. The downside move has extended to as low as 1.2232, suggesting further potential for the...

EURUSD Analysis – September 22, 2023

by ForexCycle.com | September 22, 2023 10:18 am
EUR/USD has broken below the support level at 1.0631 and continued its downward movement from 1.1275 to as low as 1.0614. Based on this price action, there is a possibility of a deeper decline towards the bottom...

USDCAD Analysis – September 21, 2023

by ForexCycle.com | September 21, 2023 1:23 am
USDCAD has broken above the falling trend line on the 4-hour chart, indicating a potential shift in the market sentiment. This breakout suggests that a corrective consolidation phase for the previous downtrend from 1.3694 is currently in...

USDJPY Analysis – September 21, 2023

by ForexCycle.com | September 21, 2023 1:12 am
USD/JPY has indeed extended its upward movement from 137.23 to as high as 148.45 and has successfully broken above the resistance level at 147.87. Based on this price action, there is a likelihood of further upside in...

AUDUSD Analysis – September 21, 2023

by ForexCycle.com | September 21, 2023 1:07 am
AUD/USD faced resistance at the level of 0.6521 and was unable to break above it. As a result, the price pulled back to around the 0.6420 area. Based on this price action, there is a likelihood of...

GBPUSD Analysis – September 21, 2023

by ForexCycle.com | September 21, 2023 12:58 am
The GBP/USD pair has indeed extended its downside move from 1.2745 to as low as 1.2309, indicating a continued bearish momentum. As long as the price remains below the falling trend line on the 4-hour chart, it...