USDJPY Daily Analysis – September 26, 2014

by ForexCycle.com | September 26, 2014 3:07 am
USDJPY continued its sideways movement in a range between 108.24 and 109.45. Support is at 108.24, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 101.50, another rise...

AUDUSD Daily Analysis – September 26, 2014

by ForexCycle.com | September 26, 2014 3:06 am
AUDUSD remains in downtrend from 0.9401, and the fall extended to as low as 0.8772. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could...

GBPUSD Daily Analysis – September 26, 2014

by ForexCycle.com | September 26, 2014 3:06 am
GBPUSD is now in downtrend from 1.6524, and the fall extended to as low as 1.6276. Further decline could be expected, and the target would be at 1.6100 area. Resistance is at 1.6420, only break above this...

EURUSD Daily Analysis – September 26, 2014

by ForexCycle.com | September 26, 2014 3:05 am
EURUSD’s downward movement from 1.3411 extended to as low as 1.2696. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...

AUD/USD Forecast September 25, 2014, Technical Analysis

by ForexCycle.com | September 25, 2014 5:53 am
The AUD/USD pair tried to rally a bit during the session on Wednesday, but as you can see only bounce slightly. Quite frankly, this is a market that looks very be down, and we think that rallies...

USDCAD Daily Analysis – September 25, 2014

by ForexCycle.com | September 25, 2014 2:35 am
USDCAD broke above 1.098 resistance, indicating that the uptrend from 1.0810 has resumed. Further rise could be expected over the next several days, and next target would be at 1.1200 area. Support is at 1.0985, as long...

USDCHF Daily Analysis – September 25, 2014

by ForexCycle.com | September 25, 2014 2:35 am
USDCHF continued its upward movement from 0.8997, and the rise extended to as high as 0.9462. Further rise could be expected, and next target would be at 0.9600 area. Support is located at the upward trend line...

USDJPY Daily Analysis – September 25, 2014

by ForexCycle.com | September 25, 2014 2:34 am
USDJPY moved sideways in a narrow range between 108.24 and 109.45, as long as 108.24 key support holds, the price action in the range could be treated as consolidation of the uptrend from 101.50, one more rise...

AUDUSD Daily Analysis – September 25, 2014

by ForexCycle.com | September 25, 2014 2:34 am
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9401, the rise from 0.8831 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could...

GBPUSD Daily Analysis – September 25, 2014

by ForexCycle.com | September 25, 2014 2:33 am
GBPUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.6051 had completed at 1.6524 already. Deeper decline to test 1.6283 support could be seen, a breakdown below this level will target...