GBPUSD Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:03 am
GBPUSD is now in uptrend from 1.6051, the fall from 1.6524 is likely consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart. As long as the trend line support holds, the...

EURUSD Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:03 am
EURUSD remains in downtrend from 1.3411, and the fall extended to as low as 1.2826. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...

USDCAD Daily Analysis – September 19, 2014

by ForexCycle.com | September 19, 2014 2:40 am
USDCAD remains in uptrend from 1.0810, the fall from 1.1098 could be treated as correction of the uptrend. Another rise to 1.1200 area could be expected. Support is at 1.0926, only break below this level will indicate...

USDCHF Daily Analysis – September 19, 2014

by ForexCycle.com | September 19, 2014 2:39 am
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8997, the fall from 0.9432 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...

USDJPY Daily Analysis – September 19, 2014

by ForexCycle.com | September 19, 2014 2:39 am
USDJPY’s upward movement from 101.50 extended to as high as 109.45. Further rise could be expected after a minor consolidation and next target would be at 110.00 area. Support is located at the upward trend line on...

AUDUSD Daily Analysis – September 19, 2014

by ForexCycle.com | September 19, 2014 2:38 am
AUDUSD stays below the downward trend line on 4-hour chart and remains in downtrend from 0.9401, the rise from 0.8927 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could...

GBPUSD Daily Analysis – September 19, 2014

by ForexCycle.com | September 19, 2014 2:38 am
GBPUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.7190 (Jul 15 high) had completed at 1.6051 already. Further rise could be expected in a couple of days, and next target...

EURUSD Daily Analysis – September 19, 2014

by ForexCycle.com | September 19, 2014 2:37 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411, the rise from 1.2834 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...

USDCAD Daily Analysis – September 18, 2014

by ForexCycle.com | September 18, 2014 3:15 am
After touching 1.0933 support, USDCAD rebounded from 1.0926, indicating that the pair remains in uptrend from 1.0810, and the fall from 1.1098 could be treated as correction of the uptrend. Further rise to test 1.1098 would likely...

USDCHF Daily Analysis – September 18, 2014

by ForexCycle.com | September 18, 2014 3:14 am
USDCHF’s upward movement from 0.8997 extended to as high as 0.9432. Further rise could be expected, and next target would be at 0.9600 area. Near term support is at the upward trend line on 4-hour chart, and...