search CFD Spy

Advertising





Most Popular


got trading broker knowledge? Why not Submit a rating and review today!
Compare Online Trading brokers

1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 24th, 2017, 5:07 am | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD moved below the ascending trend line on 4-hour chart and is now facing the 1.1161 support, a breakdown below this level will indicate that the uptrend from 1.0839 had completed at 1.1267 already, then the pair will find support at around 1.1070, followed by 1.1030. On the upside, as ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 23rd, 2017, 7:49 am | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

GBPUSD remains in uptrend from 1.2365. As long as the pair is in the ascending price channel on 4-hour chart, the uptrend could be expected to continue and further rise to 1.3100 area is still possible. Near term support is at the bottom of the price channel, and the key ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 22nd, 2017, 4:26 am | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

AUDUSD’s rise from 0.7328 extended to as high as 0.7469. The pair is facing the resistance of the descending trend line on 4-hour chart. As long as the trend line resistance holds, the rise could be treated as consolidation of the downtrend from the March 21 high of 0.7749, and ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 19th, 2017, 5:07 am | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

Under pressure by the resistance of the descending trend line on 4-hour chart, AUDUSD pulled back from 0.7466. Another rise to test the trend line resistance is still possible after consolidation. As long as the pair is below the trend line, the rise from 0.7328 could be treated as correction ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 18th, 2017, 5:02 am | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

AUDUSD remains in the short term uptrend from 0.7328, the fall from 0.7445 is likely consolidation of the uptrend. Further rise to test the resistance of the descending trend line on 4-hour chart is possible. Support is now at 0.7385, only a breakdown below this level will indicate that the ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 17th, 2017, 7:01 am | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

GBPUSD continued its sideways movement in a range between 1.2831 and 1.2988. The sideways movement is likely consolidation of the uptrend from 1.2365. Further rise could be expected after the consolidation and a break of 1.2988 resistance could signal resumption of the uptrend. Support is at 1.2831, only a breakdown ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 15th, 2017, 4:54 am | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD broke above 1.0900 resistance and rebounded to 1.0930 area, indicating that the downward movement from 1.1021 had completed at 1.0839 already. However, the bounce would possibly be correction of the downtrend from 1.1021, another fall towards 1.0700 is still possible after the correction. Key resistance is at 1.1021, only ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 12th, 2017, 4:53 am | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDJPY continued its bullish movement from 108.13 and the rise extended to as high as 114.36. Near term support is at the ascending trend line on 4-hour chart. As long as the pair is above the trend line, the fall from 114.36 could be treated as consolidation of the uptrend ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 11th, 2017, 4:55 am | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

GBPUSD remains in uptrend from 1.2365, the fall from 1.2988 is likely consolidation of the uptrend. Near term support is at the bottom of the rising price channel on 4-hour chart. As long as the pair is in the channel, the uptrend could be expected to continue and next target ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 10th, 2017, 4:50 am | By forexcycle | Published in Daily Technical | Comments on this postComments Off

USDJPY broke out of the top of the price channel on 4-hour chart and reached as high as 114.32. Consolidation for the uptrend would likely be seen in a couple of days and pullback to the bottom of the channel is possible. However, as long as the pair is above ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 9th, 2017, 5:19 am | By forexcycle | Published in Daily Technical | Comments on this postComments Off

After consolidation, AUDUSD continues its downward movement from 0.7555 and the fall extended to as low as 0.7354. Near term resistance is now at 0.7426, as long as this level holds, the downward movement could be expected to continue, and next target would be at 0.7300 area. On the upside, ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 8th, 2017, 6:25 am | By forexcycle | Published in Daily Technical | Comments on this postComments Off

EURUSD’s bullish movement from 1.0569 extended to as high as 1.1021. Support level is now at 1.0874, as long as this level holds, the bullish movement could be expected to continue and next target would be at 1.1050 area. On the downside, a breakdown below 1.0874 support will indicate that ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 5th, 2017, 5:21 am | By forexcycle | Published in Daily Technical | Comments on this postComments Off

USDJPY remains in uptrend from 108.13, the fall from 113.04 would possibly be consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the pair is in the channel, the upward movement could be expected to continue, and next ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 4th, 2017, 3:11 am | By forexcycle | Published in Daily Technical | Comments on this postComments Off

GBPUSD broke below 1.2864 support, indicating that the short term uptrend from 1.2756 had completed at 1.2965 already. Deeper decline could be seen in a couple of days, and next target would be at the bottom of the price channel on 4-hour chart. As long as the channel support holds, ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 3rd, 2017, 8:28 am | By forexcycle | Published in Daily Technical | Comments on this postComments Off

USDJPY stays in a ascending price channel on 4-hour chart and remains in uptrend from 108.13. Near term support is at the bottom of the channel. As long as the channel support holds, the upward movement could be expected to continue, and next target would be at 113.00 area. Key ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 2nd, 2017, 5:04 am | By forexcycle | Published in Daily Technical | Comments on this postComments Off

AUDUSD moved above 0.7540 resistance, indicating that the downward movement from 0.7610 had completed at 0.7439 already. Further rise could be expected in a couple of days and next target would be at the top of the price channel on 4-hour chart. As long as the channel resistance holds, the ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

May 1st, 2017, 5:00 am | By forexcycle | Published in Daily Technical | Comments on this postComments Off

EURUSD continued its sideways movement in a range between 1.0820 and 1.0950. Support is at 1.0820. As long as this level holds, the price action in the range could be treated as consolidation of the uptrend from 1.0569 and further rise to 1.1000 area could be expected after the sideways ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

April 28th, 2017, 4:56 am | By forexcycle | Published in Daily Technical | Comments on this postComments Off

USDJPY remains in uptrend from 108.13, the fall from 111.77 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the pair is in the channel, the uptrend could be expected to continue, and next target would ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

April 27th, 2017, 6:53 am | By forexcycle | Published in Daily Technical | Comments on this postComments Off

USDCAD stays in a rising price channel on 4-hour chart and remains in uptrend from 1.3223. As long as the pair is in the channel, the fall from 1.3647 could be treated as consolidation of the uptrend, and further rise to 1.3700 area is possible after the consolidation. Near term ... Read more



1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading...Loading...

April 26th, 2017, 3:39 am | By forexcycle | Published in Daily Technical | Comments on this postComments Off

AUDUSD is forming a triangle pattern on 4-hour chart. Support is at 0.7491, a breakdown below this level will indicate that the downtrend from 0.7749 has resumed, then further following downward movement could bring price to 0.7400 area. Resistance is at 0.7586, a break of this level will confirm that ... Read more