EURUSD Weekly Analysis – January 18, 2015

by ForexCycle.com | January 18, 2015 4:16 am
EURUSD continued its downward movement from 1.3993 (May 8, 2014 high), and the fall extended to as low as 1.1459. Further decline could be expected after a minor consolidation, and next target would be at 1.1000 area....

How to Tame the Volatile Financial Markets

by ForexCycle.com | January 16, 2015 4:19 am
By Elliott Wave International Up, down, up, down; 200 points higher, 300 points lower; rinse and repeat! It isn’t easy being an investor in the U.S stock market these days. Honestly, it feels more like being in...

USDCAD Daily Analysis – January 16, 2015

by ForexCycle.com | January 16, 2015 4:07 am
USDCAD broke below the bottom of the price channel on 4-hour chart, indicating that consolidation of the uptrend from 1.1191 (Nov 21, 2014 low) is underway. Range trading between 1.1750 and 1.2017 would likely be seen over...

USDJPY Daily Analysis – January 16, 2015

by ForexCycle.com | January 16, 2015 4:07 am
USDJPY remains in downtrend from 120.82, and the fall extended to as low as 115.85. Further decline to test 115.56 support is still possible. Near term resistance is at 118.00, and the key resistance is located at...

AUDUSD Daily Analysis – January 16, 2015

by ForexCycle.com | January 16, 2015 4:06 am
AUDUSD is in consolidation of the downtrend from 0.8910 (Oct 29, 2014 high). Range trading between 0.8032 and 0.8300 would likely be seen in a couple of days. Resistance is at 0.8300, as long as this level...

GBPUSD Daily Analysis – January 16, 2015

by ForexCycle.com | January 16, 2015 4:05 am
GBPUSD is in consolidation of the downtrend from 1.5785. Range trading between 1.5034 and 1.5300 would likely be seen in a couple of days. Resistance is at 1.5300, as long as this level holds, the downtrend could...

EURUSD Daily Analysis – January 16, 2015

by ForexCycle.com | January 16, 2015 4:05 am
EURUSD continued its downward movement from 1.2569, and he fall extended to as low as 1.1568. Further decline could be expected over the next several days, and next target would be at 1.1400 area. Resistance levels are...

USDCAD Daily Analysis – January 15, 2015

by ForexCycle.com | January 15, 2015 2:44 am
USDCAD continued its upward movement from 1.1560, and the rise extended to as high as 1.2017. Near term support is at the bottom of the price channel on 4-hour chart, as long as the channel support holds,...

USDCHF Daily Analysis – January 15, 2015

by ForexCycle.com | January 15, 2015 2:43 am
USDCHF’s upward movement from 0.9553 extended to as high as 1.0239. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.0300 area. Key support is now...