EURUSD Daily Analysis – October 20, 2014

by ForexCycle.com | October 20, 2014 1:45 am
EURUSD remains in uptrend from 1.2500, as long as the trend line support holds, the fall from 1.2867 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would...

USDCAD Weekly Analysis – October 18, 2014

by ForexCycle.com | October 18, 2014 10:01 am
USDCAD’s upward movement from 1.0619 extended to as high as 1.1385. Support is at 1.1070, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1500 area. Only...

USDCHF Weekly Analysis – October 18, 2014

by ForexCycle.com | October 18, 2014 10:00 am
USDCHF is facing the support of the rising price channel on daily chart. As long as the channel support holds, the uptrend from 0.8703 could be expected to resume, and another rise towards 1.0000 is still possible....

USDJPY Weekly Analysis – October 18, 2014

by ForexCycle.com | October 18, 2014 9:59 am
USDJPY’s fall from 110.08 extended to as low as 105.19, however, the fall is likely correction of the uptrend from 101.06, another rise towards 115.00 could be expected after correction. Resistance is at 108.00, a break above...

AUDUSD Weekly Analysis – October 18, 2014

by ForexCycle.com | October 18, 2014 9:58 am
AUDUSD moved sideways in a range between 0.8642 and 0.8898. The price action in the range is likely consolidation of the downtrend from 0.9504. Resistance is at 0.8898, as long as this level holds, the downtrend could...

GBPUSD Weekly Analysis – October 18, 2014

by ForexCycle.com | October 18, 2014 9:58 am
GBPUSD’s downward movement from 1.7190 extended to as low as 1.5874. Further decline could be expected and next target would be at 1.5500 area. Near term resistance is at 1.6230, and the key resistance is at 1.6524,...

EURUSD Weekly Analysis – October 18, 2014

by ForexCycle.com | October 18, 2014 9:57 am
EURUSD is facing the resistance of the downward price channel on daily chart. As long as the channel resistance holds, the downtrend from 1.3993 could be expected to resume, and next target would be at 1.2000 area....

USDCAD Daily Analysis – October 17, 2014

by ForexCycle.com | October 17, 2014 1:53 am
USDCAD remains in uptrend from 1.0810 (Aug 29 low), the fall from 1.1385 is likely consolidation of the uptrend. Support is at the upward trend line on 4-hour chart, as long as the trend line support holds,...

USDCHF Daily Analysis – October 17, 2014

by ForexCycle.com | October 17, 2014 1:53 am
USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9687, the rise from 0.9370 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could...

USDJPY Daily Analysis – October 17, 2014

by ForexCycle.com | October 17, 2014 1:52 am
USDJPY is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 110.08 had completed at 105.32 already, then the following upward...