USDCHF Daily Analysis – June 19, 2014

by ForexCycle.com | June 19, 2014 2:45 am
USDCHF broke below 0.8959 support, indicating that the upward movement from 0.8907 had completed at 0.9012 already. Deeper decline could be expected, and next target would be at 0.8925. Resistance is at 0.9012, only break above this...

USDJPY Daily Analysis – June 19, 2014

by ForexCycle.com | June 19, 2014 2:45 am
USDJPY remains in downtrend from 102.79, the rise from 101.60 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and a breakdown below 101.60 will signal resumption of the downtrend. Resistance is at...

AUDUSD Daily Analysis – June 19, 2014

by ForexCycle.com | June 19, 2014 2:44 am
AUDUSD bounced strongly from 0.9321, suggesting that the pair remains in uptrend from 0.9208, the fall from 0.9437 would possibly be consolidation of the uptrend. Further rise to test 0.9437 resistance is possible, a break above this...

GBPUSD Daily Analysis – June 19, 2014

by ForexCycle.com | June 19, 2014 2:43 am
GBPUSD is facing 1.7010 resistance, a break above this level will signal resumption of the uptrend from 1.6692, then next target would be at 1.7100 area. Support is 1.6900, only break below this level could signal completion...

EURUSD Daily Analysis – June 19, 2014

by ForexCycle.com | June 19, 2014 2:43 am
EURUSD broke above 1.3586 resistance, indicating that the downward movement from 1.3676 had completed at 1.3512 already. Further rise could be expected and next target would be at 1.3650 area. Support is at 1.3535, only break below...

USDCAD Daily Analysis – June 18, 2014

by ForexCycle.com | June 18, 2014 3:07 am
USDCAD remains in downtrend 1.0960, the rise from 1.0836 could be treated as consolidation of the downtrend. Another fall to test 1.0813 support could be expected, a breakdown below this level will indicate that the longer term...

USDCHF Daily Analysis – June 18, 2014

by ForexCycle.com | June 18, 2014 3:07 am
USDCHF continued its sideways movement in a range between 0.8959 and 0.9012. Support is at 0.8959, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...

USDJPY Daily Analysis – June 18, 2014

by ForexCycle.com | June 18, 2014 3:06 am
USDJPY’s upward movement from 101.60 extended to as high as 102.23. Further rise is still possible, and next target would be at 102.60 area. Support is at 101.60, only break below this level could trigger another fall...

AUDUSD Daily Analysis – June 18, 2014

by ForexCycle.com | June 18, 2014 3:05 am
AUDUSD broke below 0.9349 support, indicating that the uptrend from 0.9208 had completed at 0.9437 already. Further decline would likely be seen, and next target would be at 0.9250 area. Resistance levels are at 0.9385 and 0.9437,...

GBPUSD Daily Analysis – June 18, 2014

by ForexCycle.com | June 18, 2014 3:04 am
GBPUSD is in consolidation of the uptrend from 1.6692. Range trading between 1.6900 and 1.7010 would likely be seen in a couple of days. Support is at 1.6900, as long as this level holds, the uptrend could...