USDJPY Daily Analysis – January 23, 2015

by ForexCycle.com | January 23, 2015 2:46 am
No changed in our view, USDJPY remains in short term uptrend from 115.85. Another rise to test 120.82 resistance would likely be seen, a break of this level will signal resumption of the longer term uptrend from...

AUDUSD Daily Analysis – January 23, 2015

by ForexCycle.com | January 23, 2015 2:45 am
AUDUSD broke below 0.8032 support, indicating that the downtrend from 0.8910 (Oct 29, 2014 high) has resumed. Further decline could be expected, and next target would be at 0.7800 area. Resistance levels are at 0.8140 and 0.8294,...

GBPUSD Daily Analysis – January 23, 2015

by ForexCycle.com | January 23, 2015 2:44 am
GBPUSD broke below 1.5034 support, and the downward movement from 1.5785 extended to as low as 1.4971. Further decline could be expected, and next target would be at 1.4700 area. Key resistance is at 1.5268, only break...

EURUSD Daily Analysis – January 23, 2015

by ForexCycle.com | January 23, 2015 2:43 am
EURUSD broke below 1.1459 previous low support, and continued its downward movement from 1.2569, and the fall extended to as low as 1.1316. Further decline could be expected, and next target would be at 1.1000 area. Near...

Debt and Deflation: Three Financial Forecasts

by ForexCycle.com | January 23, 2015 2:35 am
By Elliott Wave International Editor’s note: You’ll find the text version of the story below the video. Join Elliott Wave International’s free State of the U.S. Markets online conference to get prepared for the major moves in...

USDCAD Daily Analysis – January 22, 2015

by ForexCycle.com | January 22, 2015 3:00 am
USDCAD continued its upward movement from 1.1560, and the rise extended to as high as 1.2393. Further rise could be expected after a minor consolidation, and next target would be at 1.2600 area. Support is at 1.2100,...

USDJPY Daily Analysis – January 22, 2015

by ForexCycle.com | January 22, 2015 2:59 am
USDJPY remains in short term uptrend from 115.85. Further rise to test 120.82 would likely be seen, a break of this level will signal resumption of the longer term uptrend from 101.06 (Jul 10, 2014 low), then...

AUDUSD Daily Analysis – January 22, 2015

by ForexCycle.com | January 22, 2015 2:59 am
AUDUSD broke below the support of the upward trend line on 4-hour chart. Further decline to test 0.8032 support could be seen, a breakdown below this level will confirm that the downtrend from 0.8910 (Oct 29, 2014...

GBPUSD Daily Analysis – January 22, 2015

by ForexCycle.com | January 22, 2015 2:58 am
GBPUSD moved sideways in a range between 1.5034 and 1.5268. The price action in the range is likely consolidation of the downtrend from 1.5785. As long as 1.5268 resistance holds, the downtrend could be expected to resume,...

EURUSD Daily Analysis – January 22, 2015

by ForexCycle.com | January 22, 2015 2:58 am
EURUSD remains in downtrend from 1.2569, the rise from 1.1459 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.1300 area. Resistance levels are at...