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ForexCycle

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GBP/USD Weekly Analysis – Sunday, November 5
Sunday, November 5, 2017 5:07 AM EDT
GBP/USD is facing the support of the rising trend line on the daily chart. A clear break below the trend line support could take price to the next support level at 1.2774.
In this article: FXB, GBBEF, UDN, UUP
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EUR/USD Weekly Analysis – Sunday, November 5
Sunday, November 5, 2017 2:44 AM EDT
EUR/USD is now in downtrend from 1.2092. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected to continue
In this article: FXE, UDN, UUP
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EUR/USD Forecast Technical Analysis
Saturday, November 4, 2017 6:52 PM EDT
The EUR/USD pair initially went sideways on Friday, but then turned to rally towards the 1.17 level. That’s an area that should be massively resistant, as it was massively supportive in the past.
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USDCAD Daily Analysis – Friday, Nov. 3
Friday, November 3, 2017 6:55 AM EDT
USDCAD moved sideways in a trading range between 1.2780 and 1.2916.
In this article: FXC, UUP
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AUDUSD Daily Analysis – Friday, Nov. 3
Friday, November 3, 2017 4:40 AM EDT
AUDUSD broke above 0.7718 resistance, suggesting that lengthier consolidation for the downtrend from 0.8124 (Sep 8 high) is underway.
In this article: FXA, UUP
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GBP/USD Daily Analysis – Thursday, November 2
Thursday, November 2, 2017 5:39 AM EDT
GBP/USD is facing 1.3337 resistance. As long as this level holds, the sideways movement between 1.3027 and 1.3337 could be treated as consolidation of the downtrend from 1.3657.
In this article: FXB, GBBEF, UDN, UUP
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EUR/USD Daily Analysis – Thursday, November 2
Thursday, November 2, 2017 3:25 AM EDT
EUR/USD moved sideways in a narrow range between 1.1574 and 1.1661 after breaking below the key support level at 1.1662 (Aug 17 low). The range trading is likely consolidation of the downtrend from 1.1879.
In this article: FXE, UDN, UUP
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AUD/USD Daily Analysis – Wednesday, November 1
Wednesday, November 1, 2017 7:14 AM EDT
AUD/USD failed to break above the 0.7718 resistance and stayed in a trading range between 0.7624 and 0.7718. Near term resistance is at the top trend line of the price channel on the 4-hour chart.
In this article: FXA, UDN, UUP
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GBP/USD Daily Analysis - Wednesday, November
Wednesday, November 1, 2017 6:00 AM EDT
GBP/USD continued its sideways movement in a range between 1.3027 and 1.3337, and is facing 1.3337 resistance once again.
In this article: FXB, GBBEF, UDN, UUP
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USD/CAD Daily Analysis – Wednesday, November 1
Wednesday, November 1, 2017 4:47 AM EDT
USD/CAD failed in its attempt to break below the bullish trend line on the 4-hour chart and is now facing 1.2916 resistance. A breakout of this level could signal resumption of the uptrend from 1.2450.
In this article: FXC, UDN, UUP
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USDJPY Daily Analysis – November 1
Wednesday, November 1, 2017 2:40 AM EDT
Further rise to test 114.45 resistance could be expected.
In this article: JYNFF Also: FXY
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AUDUSD Daily Analysis – Tuesday, Oct. 31
Tuesday, October 31, 2017 6:09 AM EDT
AUDUSD broke above the bearish trend line on the 4-hour chart, indicating that consolidation for the downtrend from 0.7897 is underway.
In this article: FXA, UUP
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USDCAD Daily Analysis – Tuesday, Oct. 31
Tuesday, October 31, 2017 5:32 AM EDT
USDCAD remains in the uptrend from 1.2450, the fall from 1.2916 is likely consolidation of the uptrend.
In this article: FXC, UUP
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EUR/USD Daily Analysis – Tuesday, October 31
Tuesday, October 31, 2017 4:12 AM EDT
EUR/USD remains in a downtrend from 1.1879. The rise from 1.1574 is likely a consolidation of the downtrend. Further decline towards the resistance-turned-support trend line on the weekly chart is still possible after the consolidation.
In this article: FXE, UDN, UUP
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AUD/USD Daily Analysis – Monday, October 30
Monday, October 30, 2017 8:36 AM EDT
AUD/USD is facing the resistance of the falling trend line on the 4-hour chart. A clear break above the trend line resistance could bring price to test 0.7718 key resistance.
In this article: FXA, UDN, UUP
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USDCAD Daily Analysis – Monday, Oct. 30
Monday, October 30, 2017 6:28 AM EDT
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2450.
In this article: FXC, UUP
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