USDCHF Daily Analysis – December 10, 2014

by ForexCycle.com | December 10, 2014 3:29 am
USDCHF remains in uptrend from 0.9531, the fall from 0.9817 is likely consolidation of the uptrend. Support is at 0.9646, as long as this level holds, the uptrend could be expected to continue, and next target would...

USDJPY Daily Analysis – December 10, 2014

by ForexCycle.com | December 10, 2014 3:27 am
USDJPY broke below the upward trend line on 4-hour chart, indicating that consolidation of the uptrend from 105.32 (Oct 15 low) is underway. Range trading between 117.23 and 121.84 would likely be seen over the next several...

AUDUSD Daily Analysis – December 10, 2014

by ForexCycle.com | December 10, 2014 3:27 am
AUDUSD remains in downtrend from 0.8795, the rise from 0.8223 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

GBPUSD Daily Analysis – December 10, 2014

by ForexCycle.com | December 10, 2014 3:26 am
GBPUSD broke above the downward trend line on 4-hour chart, indicating that lengthier consolidation of the downtrend from 1.6182 (Oct 28 high) is underway. Range trading between 1.5541 and 1.5825 could be seen over the next several...

EURUSD Daily Analysis – December 10, 2014

by ForexCycle.com | December 10, 2014 3:26 am
EURUSD failed to break above the downward trend line on 4-hour chart, indicating that the pair remains in downtrend from 1.2599, and the rise from 1.2247 could be treated as consolidation of the downtrend. As long as...

USDCAD Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:55 am
USDCAD’s upward movement from 1.1191 extended to as high as 1.1493. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.1600 area. Key support is...

USDCHF Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:54 am
USDCHF stays above the rising trend line on 4-hour chart, and remains in uptrend from 0.9531. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDJPY Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:54 am
USDJPY remains in uptrend from 117.23, the fall from 121.84 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

AUDUSD Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:53 am
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8795. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

GBPUSD Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:52 am
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that lengthier consolidation for the downtrend from 1.6182 (Oct 28 high) is needed, then...