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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.
Gold Price Broke A Bullish Trend Line By ForexCycle.com - Aug 07, 2017

XAU/USD recently broke below the bullish support trend line at 1264 on its 4-hour chart, indicating that a short term top had been formed and correction pullback could be seen in the coming days. On...

NZD/USD Breaks Resistance By ForexCycle.com - Aug 04, 2017

After breaking above the resistance of the September 2016 high of 0.7484 high, NZD/USD pulled back from 0.7557, suggesting that a short term top had been formed on the daily chart. On the upside, the...

EUR/USD Breaks Above Neckline Resistance By ForexCycle.com - Aug 03, 2017

EUR/USD broke above a major trend line from the August 2015 high of 1.1713 to the May 2016 high of 1.1616 at 1.1445 on the weekly chart, and extended its bullish movement to as high as 1.1908,...

USD/CAD Broke Below 1.2460 Support By ForexCycle.com - Aug 02, 2017

USD/CAD recently broke below an important support level at the May 2016 low of 1.2460 and reached as low as 1.2413, confirming that the long term downtrend from the January 2016 high of 1.4689 had...

GBP/USD Broke Above Channel Resistance By ForexCycle.com - Aug 01, 2017

GBP/USD broke above the descending price channel at 1.3100 on its weekly chart, indicating that lengthier correction for the long term downtrend from the July 2014 high of 1.7190 is needed. On the...

Gold Set To Test 1300 Resistance By ForexCycle.com - Jul 31, 2017

XAUUSD recently broke above 1258.78 resistance and continued its bullish movement from the July 10 low of 1204.77, and the bullish movement extended to as high as 1270.81.On the upsideThe gold price...

AUD/USD Daily Analysis: July 26, 2017 By ForexCycle.com - Jul 26, 2017

Under pressure by the top trend line of the price channel on its monthly chart, AUDUSD pulled back from 0.7989 and moved sideways in a narrow range between 0.7875 and 0.7989. As long as 0.7830 support...

Gold Price Broke Above Trend Line Resistance By ForexCycle.com - Jul 25, 2017

XAU/USD recently broke above the support-turned-resistance trend line at 1237 on its daily chart, indicating that the downside movement from 1295.94 had completed at 1204.77 already.On the upsideOn...

Gold Price Broke Above Trend Line Resistance By ForexCycle.com - Jul 24, 2017

XAU/USD recently broke above the support-turned-resistance trend line at 1237 on its daily chart, indicating that the downside movement from 1295.94 had completed at 1204.77 already.On the upsideOn...

USD/CAD Facing Important Support At 1.2460 By ForexCycle.com - Jul 18, 2017

The USD/CAD pair recently broke below the channel support and 1.2968 key support on its weekly chart, indicating that the long term bearish movement from the January 2016 high of 1.4689 has resumed....

Bitcoin Is Facing Key Support At 1737 By ForexCycle.com - Jul 17, 2017

BTC/USD recently broke below the bottom support trend line of the triangle pattern on its 4-hour chart and the ascending trend line on the daily chart, and is now facing the key support at the May 27...

EUR/USD Is Testing Neckline Resistance At Around 1.1450 By ForexCycle.com - Jul 13, 2017

There is a descending trend line from the August 2015 high of 1.1713 to the May 2016 high of 1.1616, with resistance at around 1.1450, acting as the neckline of the double bottom pattern on the...

Will The Ethereum Crash Continue? By ForexCycle.com - Jul 12, 2017

After hitting a highest record at 415, ETH/USD broke below the bullish price channel on its daily chart and fell sharply to as low as 175.50. Will the Ethereum crash continue? Let’s look into...

Gold Price Remains In Downtrend From 1295.94 By ForexCycle.com - Jul 11, 2017

After breaking below the major support trend line from the January 27 low of 1180.51 to the May 9 low of 1214.17 on its daily chart, XAU/USD continued to break below the key support at 1214.17,...

Bitcoin Is Forming A Triangle Pattern By ForexCycle.com - Jul 10, 2017

After hitting a highest record at 2889, BTC/USD fell sharply to 2251, and is now forming a triangle pattern on its 4-hour chart. All we need to do now is wait for a break out of the pattern. Near term...

Gold Price Breaks Below Major Support Trend Line By ForexCycle.com - Jul 04, 2017

XAU/USD's downside movement from the June 6 high of 1295.94 extended to as low as 1218.45, breaking below the major support trend line from the January 27 low of 1180.51 to the May 9 low of 1214.17 at...

USD/CNH In Correction Pullback By ForexCycle.com - Jul 03, 2017

After breaking above the support-turned-resistance at 6.8450 on the daily chart, the USD/CNH pair failed to extend its bullish movement from 6.7210 and pulled back from 6.8583, indicating that...

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