ForexCycle.com

The USD/CNH pair formed a triangle pattern on its daily chart for several weeks. All we can do is wait for a breakout to occur. The price is facing the upper line of the pattern now at around 6.6390....

The GBP/USD failed in it attempt to break below the bullish support trend line on the 4-hour chart and rebounded strongly from 1.3319, suggesting that the pair remains in the uptrend from 1.3039. As...

The AUD/USD pair ran in a falling price channel on the daily chart. Price just bounced off the top trend line of the channel, indicating that the pair remains in the downtrend from 0.8124.On the...

The GBP/USD pair remains in uptrend from 1.3039, the fall from 1.3549 could be treated as consolidation of the uptrend. As long as the price is above the trend line, the uptrend could be expected to...

EUR/USD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1554. As long the trend line support holds, the price action from 1.1961 could be treated as...

GBP/JPY failed in its attempt to break below 146.93 support, and stayed in a trading range between 146.93 and 152.85. As long as 146.93 support holds, the price action in the range could be treated as...

EUR/USD extended its upside movement from 1.1554 to as high as 1.1944, breaking above 1.1879 key resistance, confirming that the downside movement from 1.2092 (Sep 8 high) had completed at 1.1554...

GBP/JPY moved sideways in a trading range between 146.93 and 152.85 for several weeks. Support is at 146.93, as long as this level holds, the sideways movement in the range could be treated as...

NZD/USD extended its downside movement from 0.7557 to as low as 0.6780, breaking below an important support level at 0.6817. Further decline would likely be seen over the next several weeks.On the...

EUR/USD failed in its attempt to breakout of 1.1879 resistance and pulled back from 1.1860. However, as long as the price is above 1.1740 support, the fall would possibly be consolidation of the...

BTC/USD rebounded strongly from the bottom support trend line of the price channel on the daily chart after a sharp drop from 7887, suggesting that the bitcoin price remains in the uptrend from 1812....

NZD/USD recently broke below a bullish support trend line on the 4-hour chart, indicating that the bounce from 0.6818 had completed at 0.6979 already.On the downsideThe NZD/USD pair failed to breakout...

The USD/CNH pair seems to be forming a triangle pattern on its 4-hour chart. The price broke above a falling trend line last Friday, indicating that the short term downtrend from 6.6635 had completed...

The NZD/USD pair failed in its attempt to break below 0.6817 support and bounced off to 0.6940 area, suggesting that consolidation for the downtrend from 0.7557 is needed. Further rally would likely...

USD/CNH recently broke below the bullish price channel on the 4-hour chart, suggesting that the short term uptrend from 6.5555 had completed at 6.6635 already. Further decline would likely be seen...

EUR/JPY moved below a major bullish trend line from 122.40 to 127.56 on its daily chart, suggesting that the upside movement from 114.85 had completed at 134.49 already. Further decline would likely...