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ForexCycle.com ForexCycle.com

ForexCycle.com's Opinion & Analysis.
Featured here: a complete archive of all posts and research produced by ForexCycle.com, including current material.
USD/CNH In Short-Term Uptrend By ForexCycle.com - Oct 25, 2017

USD/CNH stays in a rising price channel on the 4-hour chart and remains in the short term uptrend from 6.5555. As long as the price is in the channel, the upside movement could be expected to continue...

NZD Support And Resistance: Oct. 24, 2017 By ForexCycle.com - Oct 24, 2017

NZD/USD extended its downside movement from 0.7557 to as low as 0.6931. Further decline would likely be seen after a minor consolidation and next target would be at 0.6817. On the 4-hour chart, the...

USD/CHF Broke Above Major Bearish Trend Line By ForexCycle.com - Oct 23, 2017

USD/CHF extended its upside movement from 0.9420 to as high as 0.9863, breaking above a major bearish trend line on the daily chart, confirming that the downtrend from 1.0343 had completed at 0.9420...

USD/CHF Now In Uptrend From 0.9420 By ForexCycle.com - Oct 17, 2017

USD/CHF recently broke below the bottom support trend line of the price channel on its 4-hour chart, suggesting that the upside movement from 0.9420 had completed at 0.9836 already. Near term support...

EUR/GBP Failed To Break Above 0.9045 Resistance By ForexCycle.com - Oct 16, 2017

EUR/GBP failed in its attempt to break above 0.9045 resistance and pulled back from 0.9032. The subsequent fall extended to as low as 0.8855, breaking below an important support level at 0.8906 on the...

EUR/JPY Stays Above Ascending Trend Line By ForexCycle.com - Oct 11, 2017

EUR/JPY stays above an ascending trend line on its daily chart, indicating that the price remains in the uptrend from 114.85. As long as the trend line support holds, the upside movement could be...

NZD/USD Broke Below Important Support At 0.7131 By ForexCycle.com - Oct 10, 2017

The NZD/USD pair recently broke below an important support level at 0.7131 and extended its bearish movement from 0.7557 to as low as 0.7055, indicating that the bearish movement from 0.7557 has...

EUR/GBP’s Correction Rebound Extended To 0.8992 By ForexCycle.com - Oct 09, 2017

EUR/GBP extended its upside movement from 0.8746 to as high as 0.8992, breaking above a major resistance level at 0.8899, indicating that correction for the downtrend from 0.9306 is underway. Further...

AUD/USD Broke Below Major Support Level At 0.7807 By ForexCycle.com - Oct 08, 2017

After breaking below a bullish trend line on the daily chart, AUD/USD continued to break below an important support level at 0.7807 and extended its downside movement to as low as 0.7743, confirming...

Gold Price Forming Triangle Pattern On Weekly Chart By ForexCycle.com - Oct 04, 2017 1

XAU/USD stays below a bearish trend line now at around 1291.35 on its 4-hour chart and remains in the downtrend from 1357.45. As long as the price is below the trend line, the downtrend could be...

USD/CNH Broke Above Major Resistance Trend Line By ForexCycle.com - Oct 02, 2017

USD/CNH extended its upside movement from 6.4412 to as high as 6.6777, breaking through a major bearish trend line on its daily chart, confirming that the bearish movement from 6.8588 had completed at...

NZD/USD Moves In Falling Price Channel By ForexCycle.com - Sep 27, 2017 1

NZD/USD stays in a falling price channel on its 4-hour chart, suggest that the pair remains in the downtrend from 0.7428. As long as the as the price is in the channel, the downside move could be...

AUD/USD Breaks Below Trend-Line Support By ForexCycle.com - Sep 20, 2017 1

After failing in its two attempts to break above the resistance of the May 2015 high of 0.8162, AUD/USD pulled back from 0.8124 and broke below a major support trend line at 0.7975 on its daily chart,...

USD/CNH Facing Major Trend Line Resistance At 6.6060 By ForexCycle.com - Sep 19, 2017

USD/CNH rebounded sharply from 6.4412 after several months of steady decline, facing a major resistance trend line on its daily chart now at around 6.6060. The trend line would act as the key...

Gold Price Facing Trend Line Support By ForexCycle.com - Sep 18, 2017

XAU/USD stays below a bearish trend line on its 4-hour chart and remains in the short term downtrend from 1357.45. As long as the price is below the trend line, the downside movement could be expected...

EUR/GBP Broke Below Trend-Line Support By ForexCycle.com - Sep 15, 2017

EUR/GBP recently broke below the bullish trend line at 0.9050 on its daily chart. The subsequent fall had taken price to as low as 0.8866, indicating that the upside movement from 0.8313 had completed...

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