USDJPY Daily Analysis – December 29, 2014

by ForexCycle.com | December 29, 2014 3:03 am
USDJPY’s upward movement from 115.56 extended to as high as 120.82. Further rise to test 131.84 resistance would likely be seen, a break of this level will signal resumption of the longer term uptrend from 105.19 (Oct...

AUDUSD Daily Analysis – December 29, 2014

by ForexCycle.com | December 29, 2014 3:02 am
AUDUSD remains in downtrend from 0.8795, the rise from 0.8087 is likely consolidation of the downtrend. Near term resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance...

GBPUSD Daily Analysis – December 29, 2014

by ForexCycle.com | December 29, 2014 3:01 am
GBPUSD is now in downtrend from 1.5785. Resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend could be expected to continue, and next target...

EURUSD Daily Analysis – December 29, 2014

by ForexCycle.com | December 29, 2014 3:01 am
EURUSD is now in downtrend from 1.2569, and the fall extended to as low as 1.2166. Further decline could be expected after a minor consolidation, and next target would be at 1.2000 area. Resistance is at 1.2250,...

USDCAD Weekly Analysis – December 28, 2014

by ForexCycle.com | December 28, 2014 6:20 am
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDCHF Weekly Analysis – December 28, 2014

by ForexCycle.com | December 28, 2014 6:19 am
USDCHF stays above the upward trend line on daily chart, and remains in uptrend from 0.8703. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDJPY Weekly Analysis – December 28, 2014

by ForexCycle.com | December 28, 2014 6:19 am
USDJPY is facing 121.84 resistance, a break of this level will signal resumption of the uptrend from 101.06, then next target would be at 130.00 area. Key support is at 115.56, only break below this level will...

AUDUSD Weekly Analysis – December 28, 2014

by ForexCycle.com | December 28, 2014 6:18 am
AUDUSD’s downward movement from 0.9504 extended to as low as 0.8087. Further decline could be expected after a minor consolidation, and next target would be at 0.7500 area. Resistance is located at the downward trend line on...

GBPUSD Weekly Analysis – December 28, 2014

by ForexCycle.com | December 28, 2014 6:17 am
After consolidation, GBPUSD continued its downward movement from 1.7190, and the fall extended to as low as 1.5485. Key resistance is at 1.5825, as long as this level holds, the downtrend could be expected to continue, and...

EURUSD Weekly Analysis – December 28, 2014

by ForexCycle.com | December 28, 2014 6:17 am
EURUSD’s downward movement from 1.3993 extended to as low as 1.2164. Near term resistance is located at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected...