EURUSD Daily Analysis – January 27, 2015

by ForexCycle.com | January 27, 2015 2:52 am
EURUSD remains in downtrend from 1.2569, the rise from 1.1097 is likely consolidation of the downtrend. Near term resistance is at 1.1350, as long as this level holds, the downtrend could be expected to continue, and next...

USDCAD Daily Analysis – January 26, 2015

by ForexCycle.com | January 26, 2015 2:41 am
USDCAD remains in uptrend from 1.1560. Near term support is at 1.2250, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.2700 area. Key support is located...

USDJPY Daily Analysis – January 26, 2015

by ForexCycle.com | January 26, 2015 2:40 am
USDJPY remains in short term uptrend from 115.85, the fall from 118.86 is likely consolidation of the uptrend. Further rise to test 120.82 resistance could be expected after consolidation, a break of this level will signal resumption...

AUDUSD Daily Analysis – January 26, 2015

by ForexCycle.com | January 26, 2015 2:39 am
AUDUSD remains in downtrend from 0.8294, and the fall extended to as low as 0.7857. Further decline could be expected after a minor consolidation, and next target would be at 0.7600 area. Resistance is at 0.8000, as...

GBPUSD Daily Analysis – January 26, 2015

by ForexCycle.com | January 26, 2015 2:37 am
GBPUSD’s downward movement from 1.5785 extended to as low as 1.4950. Further decline could be expected, and next target would be at 1.4700 area. Resistance levels are at 1.5100 and 1.5268, only break above these levels could...

EURUSD Daily Analysis – January 26, 2015

by ForexCycle.com | January 26, 2015 2:36 am
EURUSD’s downward movement from 1.2569 extended to as low as 1.1097. Further decline could be expected after a minor consolidation and next target would be at 1.0800 area. Near term resistance is at 1.1350, and the key...

USDCAD Weekly Analysis – January 25, 2015

by ForexCycle.com | January 25, 2015 8:23 am
USDCAD continued its upward movement from 1.0619 (Jul 3, 2014 low), and the rise extended to as high as 1.2456. Further rise is still possible after a minor consolidation, and next target would be at 1.3000 area....

USDJPY Weekly Analysis – January 25, 2015

by ForexCycle.com | January 25, 2015 8:23 am
USDJPY is forming a sideways consolidation in a range between 115.56 and 121.84. The sideways movement could be seen to continue in a couple of weeks. As long as 115.56 support holds, the uptrend from 101.06 (Jul...

AUDUSD Weekly Analysis – January 25, 2015

by ForexCycle.com | January 25, 2015 8:22 am
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high), and the downward movement extended to as low as 0.7880. As long as the trend line resistance...

GBPUSD Weekly Analysis – January 25, 2015

by ForexCycle.com | January 25, 2015 8:21 am
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190 (Jul 15, 2014 high), and the downward movement extended to as low as 1.4950. As long as the trend line resistance...