EURUSD Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:19 am
EURUSD remains in downtrend from 1.3700, the rise from 1.3575 is likely consolidation of the downtrend. Resistance is at 1.3650, as long as this level holds, the downtrend could be expected to resume, and another fall towards...

USDCHF Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:28 am
USDCHF’s upward movement from 0.8855 extended to as high as 0.8954. Further rise could be expected, and next target would be at 0.9000 area. Support levels are at 0.8900 and 0.8855, only break below these levels could...

USDCAD Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:27 am
USDCAD remains in downtrend from 1.0960, the rise from 1.0619 is likely consolidation of the downtrend. Resistance is at 1.0700, as long as this level holds, the downtrend could be expected to continue, and next target would...

USDJPY Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:25 am
USDJPY remains in uptrend from 101.23. Further rise could be expected, and next target would be at 102.70 area. Support is at 101.90, only break below this level will indicate that correction of the uptrend is underway,...

AUDUSD Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:24 am
AUDUSD remains in downtrend from 0.9504, and the fall extended to as low as 0.9328. Further decline could be expected and next target would be at 0.9250 area. Resistance is at 0.9420, only break above this level...

GBPUSD Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:24 am
GBPUSD’s upward movement from 1.6692 extended to as high as 1.7179. Further rise could be expected after a minor consolidation, and next target would be at 1.7300 area. Key support is located at the lower line of...

EURUSD Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:23 am
EURUSD’s downward movement from 1.3700 extended to as low as 1.3580. Further decline could be expected, and next target would be at 1.3500 area. Resistance levels are at 1.3650 and 1.3700, only break above these levels could...

USDCAD Weekly Analysis – July 5, 2014

by ForexCycle.com | July 5, 2014 12:15 pm
USDCAD stays below the downward trend line on daily chart, and remains in downtrend from 1.1278. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

USDCHF Weekly Analysis – July 5, 2014

by ForexCycle.com | July 5, 2014 12:14 pm
USDCHF’s fall from 0.9036 reached 0.8855 only, the subsequent bounce is likely resumption of the uptrend from 0.8699. Further rise to test 0.9156 key resistance would likely be seen, a break above this level will confirm that...

USDJPY Weekly Analysis – July 5, 2014

by ForexCycle.com | July 5, 2014 12:14 pm
USDJPY moved sideways in a range between 100.75 and 104.12 for several months. As long as 100.75 support holds, the sideways movement could be treated as consolidation of the uptrend from 93.79 (Jun 13, 2013 low), one...