EURUSD Daily Analysis – June 20, 2023

by ForexCycle.com | June 20, 2023 2:31 am
The EURUSD currency pair has shown resilience, staying above a rising trend line on the 4-hour chart and remaining in an uptrend from 1.0635. The recent pullback from the high of 1.0970 can be viewed as a...

USDCAD Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 1:06 am
The USDCAD currency pair has extended its downward move, declining from its recent high of 1.3654 to as low as 1.3177. The pair remains below the falling trend line on the 4-hour chart, indicating a continuation of...

USDJPY Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 12:55 am
The USDJPY currency pair has recently broken above the key resistance level at 140.91, signaling a resumption of the uptrend from the low of 133.49. This breakthrough indicates renewed buying pressure and suggests that further upside movement...

AUDUSD Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 12:46 am
The AUDUSD currency pair has demonstrated significant strength as it continued its upward trajectory from 0.6457 and reached a high of 0.6899. This extended rally suggests that the pair may have further room to climb, with the...

GBPUSD Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 12:39 am
The GBPUSD currency pair has exhibited notable strength as it extended its upward movement from 1.2307 to reach a high of 1.2847. This continued rally suggests that further gains may be in store for the pair, with...

EURUSD Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 12:26 am
The EURUSD currency pair has displayed continued strength as it extended its upward move from 1.0635 to reach a high of 1.0970, surpassing the significant resistance level at 1.0900. This breakout suggests that the pair is likely...

USDCAD Daily Analysis – June 15, 2023

by ForexCycle.com | June 15, 2023 1:30 am
The USDCAD currency pair has experienced continued downward momentum, extending its decline from the high of 1.3654 to as low as 1.3271. Currently, the pair is hovering near the support level at 1.3260, which has acted as...

USDJPY Daily Analysis – June 15, 2023

by ForexCycle.com | June 15, 2023 1:20 am
The USDJPY currency pair has been trading within a well-defined range, oscillating between the levels of 138.42 and 140.91. This consolidation phase indicates a temporary equilibrium between buyers and sellers as they assess market conditions and seek...

AUDUSD Daily Analysis – June 15, 2023

by ForexCycle.com | June 15, 2023 1:09 am
The AUDUSD currency pair has shown remarkable strength, extending its upward move from 0.6457 to reach as high as 0.6835, surpassing the key resistance level at 0.6817. This breakthrough signifies a continuation of the bullish trend and...

GBPUSD Daily Analysis – June 15, 2023

by ForexCycle.com | June 15, 2023 12:57 am
The GBPUSD currency pair has demonstrated significant strength, extending its upside movement from 1.2307 to reach as high as 1.2698, successfully breaking above the key resistance level at 1.2679. This breakout suggests a continuation of the bullish...