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Forex Cycle author page

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Franco

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forexcycle@gmail.com

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ForexCycle.com provides free forex analysis, forex signals and forex trading strategies.

Latest Posts by Forex Cycle:

Author Archive

GBPUSD Failed To Break Below Trend Line Support

December 8th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

The GBPUSD pair 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 ... Read more

EURUSD broke below 1.1809 support

December 6th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

EURUSD broke below 1.1809 support, suggesting that the upside movement from 1.1554 had completed at 1.1961 already. Further decline would likely be seen in the coming days and next target ... Read more

The GBPUSD pair remains in uptrend from 1.3039

December 5th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

The GBPUSD 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, ... Read more

EURUSD’s fall from 1.1961 extended to 1.1827

November 29th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

EURUSD’s fall from 1.1961 extended to as low as 1.1827. However, as long as the price is above the bullish trend line on the 4-hour chart, the fall could be ... Read more

EURUSD extended its upside movement to 1.1944

November 27th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

EURUSD 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 ... Read more

GBPUSD’s upside movement extended to 1.3279

November 21st, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

GBPUSD’s upside movement from 1.3039 extended to as high as 1.3279. Further rise to test 1.3337 key resistance is still possible in the coming days. As long as this level ... Read more

GBPUSD is testing 1.3229 resistance

November 17th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

GBPUSD is testing 1.3229 resistance, a breakout of this level could take price to the key resistance at 1.3337. As long as this level holds, the sideways movement in the ... Read more

EURUSD failed to breakout of 1.1879 resistance

November 16th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

EURUSD 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 ... Read more

USDCAD broke below 1.2700 support

November 10th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

USDCAD broke below 1.2700 support and extended its downside movement from 1.2916 to as low as 1.2666, facing the support of the bullish trend line on the daily chart. Near ... Read more

GBPUSD continued its sideways movement between 1.3027 and 1.3337

November 8th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

GBPUSD continued its sideways movement in a trading range between 1.3027 and 1.3337. Another rise towards 1.3337 resistance would likely be seen in the coming days. As long as this ... Read more

EURUSD is in consolidation of the downtrend from 1.2092

November 6th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

EURUSD is in consolidation of the downtrend from 1.2092 (Sep 8 high). Range trading between 1.1574 and 1.1725 would likely be seen in the coming days. As long as the ... Read more

USDCAD failed to breakout of 1.2916 resistance

November 2nd, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

USDCAD failed to breakout of 1.2916 resistance and pulled back to break below a bullish trend line on the 4-hour chart, suggesting that lengthier consolidation for the uptrend from 1.2433 ... Read more

EURUSD is in consolidation for the downtrend from 1.1879

November 1st, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

EURUSD is in consolidation for the downtrend from 1.1879. Range trading between 1.1574 and 1.1685 would likely be seen in a couple of days. Near term resistance is at 1.1685, ... Read more

AUDUSD broke above bearish trend line

October 31st, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

AUDUSD broke above the bearish trend line on the 4-hour chart, indicating that consolidation for the downtrend from 0.7897 is underway. Range trading between 0.7624 and 0.7718 would likely be ... Read more

USDJPY continued its upside movement from 111.65

October 30th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

USDJPY continued its upside movement from 111.65 and the rise extended to as high as 114.45. As long as the price is above the rising trend line on the 4-hour ... Read more

GBPUSD is facing bullish support trend line

October 29th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

GBPUSD is now facing the bullish support trend line from 1.2109 to 1.2774 on the daily chart. A clear break below the trend line support could take price to a ... Read more

GBPUSD failed to breakout 1.3228 resistance

October 25th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

GBPUSD failed its attempts to breakout of 1.3228 resistance and pulled back to 1.3110 area, suggesting that the pair remains in the short term downtrend from 1.3337 and deeper decline ... Read more

EURUSD moved sideways between 1.1730 and 1.1879

October 23rd, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

EURUSD moved sideways in a trading range between 1.1730 and 1.1879. As long as 1.1730 support holds, the side movement could be treated as consolidation of the uptrend from 1.1669 ... Read more

AUDUSD rebounded from 0.7818

October 19th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

AUDUSD rebounded from 0.7818 after touching the rising trend line on its 4-hour chart, suggesting that the pair remains in the uptrend from 0.7732. Further rise to test 0.7897 resistance ... Read more

USDJPY extended its downside movement to 111.68

October 16th, 2017 | By forexcycle | Published in Daily Technical | Comments on this postComments Off

USDJPY extended its downside movement from 113.43 to as low as 111.68. Deeper decline to test 111.47 key support is still possible. As long as this level holds, the fall ... Read more