USDCHF Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:13 am
USDCHF remains in uptrend from 0.8703, the fall from 0.9687 is likely consolidation of the uptrend. Support is located at the lower line of the price channel on daily chart, as long as the channel support holds,...

USDJPY Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:12 am
USDJPY broke below the lower line of the price channel on daily chart, indicating that consolidation of the uptrend from 101.06 is underway. Range trading between 106.50 and 110.08 would likely be seen in a couple of...

AUDUSD Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:12 am
After touching 0.8660 (Jan 24 low) support, AUDUSD rebounded from 0.8642, indicating that consolidation of the downtrend from 0.9504 is underway. Range trading between 0.8642 and 0.8950 would likely be seen in a couple of weeks. Support...

GBPUSD Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:11 am
GBPUSD remains in downtrend from 1.7190, the price action from 1.6051 is likely consolidation of the downtrend. Key resistance is at 1.6524, as long as this level holds, the downtrend could be expected to resume, and next...

EURUSD Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:11 am
EURUSD remains in downtrend from 1.3993, the rise from 1.2500 is likely consolidation of the downtrend. Near term resistance is located at the upper line of the price channel on daily chart, as long as the channel...

USDCAD Daily Analysis – October 9, 2014

by ForexCycle.com | October 9, 2014 3:31 am
No changed in our view, USDCAD remains in uptrend from 1.0886, the fall from 1.1269 is likely consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long...

USDCHF Daily Analysis – October 9, 2014

by ForexCycle.com | October 9, 2014 3:30 am
USDCHF broke below 0.9516 support, indicating that consolidation of the uptrend from 0.8997 (Aug 15 low) is underway. Deeper decline is still possible, and next target would be at 0.9450 area. Resistance is at 0.9600, only break...

USDJPY Daily Analysis – October 9, 2014

by ForexCycle.com | October 9, 2014 3:30 am
USDJPY is in consolidation of the uptrend from 101.06 (Jul 10 low). Range trading between 107.00 and 110.08 would likely be seen over the next several days. As long as 107.00 support holds, the uptrend could be...

AUDUSD Daily Analysis – October 9, 2014

by ForexCycle.com | October 9, 2014 3:29 am
AUDUSD’s upward movement extended to as high as 0.8859. Further rise would likely be seen, and the target would be at 0.8900 – 0.8950 area. Support is at 0.8730, only break below this level could trigger another...

GBPUSD Daily Analysis – October 9, 2014

by ForexCycle.com | October 9, 2014 3:29 am
GBPUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.6524 had completed at 1.5951 already. Further rise is still possible, and next target would be at 1.6300 area. Support is at...