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USDCAD Daily Analysis - April 18, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 18 April 2014 03:15 UTC
USDCAD remains in uptrend from 1.0857. Further rise could be expected after a minor consolidation, and next target would be at 1.1100 area. Support is at 1.0940, only break below this level could signal completion of the uptrend.

USDCHF Daily Analysis - April 18, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 18 April 2014 03:14 UTC
USDCHF is now in uptrend from 0.8743. Further rise could be expected, and next target would be at 0.8900 area. Support is now at 0.8775, only break below this level will indicate that he uptrend from 0.8743 had completed, then the following downward movement could bring price to 0.8500 zone.

USDJPY Daily Analysis - April 18, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 18 April 2014 03:13 UTC
USDJPY's bounce from 101.32 extended to as high as 102.56. However, the bounce is likely consolidation of the downtrend from 104.12. Resistance is now at 102.75, as long as this level holds, the downtrend could be expected to resume, and one more fall to test 101.20 support is still possible. Initia ...

AUDUSD Daily Analysis - April 18, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 18 April 2014 03:13 UTC
AUDUSD broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 0.8924 had completed at 0.9461 already. Range trading between 0.9250 and 0.9461 would likely be seen over the next several days. Support is now at 0.9250, as long as this level holds, the fall from 0 ...

GBPUSD Daily Analysis - April 18, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 18 April 2014 03:12 UTC
After breaking above 1.6820 resistance, GBPUSD pulled back from 1.6841, indicating that lengthier consolidation for the uptrend from 1.6465 is needed. Deeper decline would likely be seen, and the target would be at 1.6700 area. Key support is at 1.6660, as long as this level holds, the uptrend could ...

EURUSD Daily Analysis - April 18, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 18 April 2014 03:12 UTC
EURUSD is now in downtrend from 1.3905, the rise from 1.3790 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and the target would be at 1.3750 area. Resistance levels are at 1.3865 and 1.3905, only break above these levels could trigger another rise towa ...

USDCAD Daily Analysis - April 17, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 17 April 2014 01:36 UTC
USDCAD continued its upward movement from 1.0857 and the rise extended to as high as 1.1033. Further rise could be expected and the target would be at 1.1100 area. Support levels are at 1.0915, and 1.0857, only break below these levels could trigger another fall towards 1.0600.

USDCHF Daily Analysis - April 17, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 17 April 2014 01:35 UTC
USDCHF's rise from 0.8743 extended to as high as 0.8827. Range trading between 0.8743 and 0.8850 would likely be seen in a couple of days. Support levels are at 0.8780 and 0.8743, only break below these levels could trigger another fall towards 0.8500.

USDJPY Daily Analysis - April 17, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 17 April 2014 01:35 UTC
USDJPY's bounce from 101.32 extended to as high as 102.36. Range trading between 101.32 and 102.40 would likely be seen in a couple of days. As long as 102.40 resistance holds, the rise could be treated as consolidation of the downtrend from 104.12, another fall to re-test 101.20 support is still po ...

AUDUSD Daily Analysis - April 17, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 17 April 2014 01:34 UTC
Being contained by the lower line of the price channel on 4-hour chart, AUDUSD rebounded from 0.9331, indicating that the pair remains in uptrend from 0.8924, the fall from 0.9461 could be treated as consolidation of the uptrend. Further rise to test 0.9461 would likely be seen, a break above this l ...

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