AUDUSD Daily Analysis – February 19, 2014

by ForexCycle.com | February 19, 2014 2:06 am
AUDUSD stays in a upward price channel on 4-hour chart and remains in uptrend from 0.8660, the price action in the range between 0.8906 and 0.9080 could be treated as consolidation of the uptrend. Key support is...

GBPUSD Daily Analysis – February 19, 2014

by ForexCycle.com | February 19, 2014 2:06 am
GBPUSD remains in uptrend from 1.6252, the fall from 1.6822 is likely consolidation of the uptrend. Range trading between 1.6620 and 1.6822 is possible in a couple of days. As long as 1.6620 support holds, the uptrend...

EURUSD Daily Analysis – February 19, 2014

by ForexCycle.com | February 19, 2014 2:05 am
EURUSD’s upward movement from 1.3477 extended to as high as 1.3773. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue,...

USDCAD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:28 am
USDCAD remains in downtrend from 1.1224. As long as 1.1030 resistance holds, the downtrend could be expected to continue, and next target would be at 1.0800 area. Only break above 1.1030 resistance could signal completion of the...

USDCHF Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:28 am
USDCHF remains in downtrend from 0.9081, and the fall extended to as low as 0.8900. Resistance is now at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the...

USDJPY Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:27 am
USDJPY stays in a downward price channel on 4-hour chart, and remains in downtrend from 105.44, the rise from 100.75 could be treated as consolidation of the downtrend. As long as the channel resistance holds, the downtrend...

AUDUSD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:26 am
AUDUSD remains in uptrend from 0.8660, and the rise extended to as high as 0.9080. The uptrend could be expected to continue, and next target would be at 0.9200 area. Initial support is at the lower line...

GBPUSD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:25 am
GBPUSD remains in uptrend from 1.6252, the fall from 1.6822 is likely consolidation of the uptrend. Support is at 1.6670, as long as this level holds, the uptrend could be expected to resume, and another rise towards...

EURUSD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:25 am
EURUSD remains in uptrend from 1.3477. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.3800 area. On the downside, a clear break below the...

USDCAD Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:41 am
USDCAD remains in downtrend from 1.1224, and the fall extended to as low as 1.0940. Deeper decline would likely be seen, and next target would be at 1.0800 area. Resistance is at 1.1030, only break above this...