USDCHF Daily Analysis – January 20, 2014

by ForexCycle.com | January 20, 2014 2:23 am
USDCHF broke above 0.9126 resistance and reached as high as 0.9132, suggesting that the uptrend from 0.8799 has resumed. Further rise could be expected in a couple of days, and next target would be at 0.9250 area....

USDJPY Daily Analysis – January 20, 2014

by ForexCycle.com | January 20, 2014 2:22 am
USDJPY failed to break above 105.44 resistance and pulled back from 104.92, indicating that lengthier sideways movement in a range between 102.85 and 105.44 is underway. Resistance is now at 104.92, a break above this level could...

AUDUSD Daily Analysis – January 20, 2014

by ForexCycle.com | January 20, 2014 2:21 am
AUDUSD’s downward movement from 0.9085 extended to as low as 0.8756. Resistance is at 0.8850, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.8600 area. Only...

GBPUSD Daily Analysis – January 20, 2014

by ForexCycle.com | January 20, 2014 2:21 am
GBPUSD is facing the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downward movement from 1.6593 had completed at 1.6309 already, then the following upward movement could...

EURUSD Daily Analysis – January 20, 2014

by ForexCycle.com | January 20, 2014 2:20 am
EURUSD broke below 1.3548 support and reached as low as 1.3507, suggesting that the downward movement from 1.3892 has resumed. Further decline could be expected in a couple of days, and next target would be at 1.3450...

USDCAD Weekly Analysis – January 18, 2014

by ForexCycle.com | January 18, 2014 6:16 am
USDCAD continued its upward movement from 1.0182 and the rise extended to as high as 1.0991. Further rise could be expected after a minor consolidation, and next target would be at1.1200 area. Initial support is at 1.0840,...

USDCHF Weekly Analysis – January 18, 2014

by ForexCycle.com | January 18, 2014 6:15 am
USDCHF stayed in a trading range between 0.8799 and 0.9249. As long as 0.9249 key resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9751, one more fall towards...

USDJPY Weekly Analysis – January 18, 2014

by ForexCycle.com | January 18, 2014 6:15 am
USDJPY remains in uptrend from 96.57, the fall from 105.44 is treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 110.00 area. Support is at 102.85, only...

AUDUSD Weekly Analysis – January 18, 2014

by ForexCycle.com | January 18, 2014 6:14 am
After consolidation, AUDUSD broke below 0.8820 support, and continued its downward movement from 0.9756. Further decline could be expected, and next target would be at 0.8500 area. Key resistance is now at 0.9085, only break above this...

GBPUSD Weekly Analysis – January 18, 2014

by ForexCycle.com | January 18, 2014 6:14 am
GBPUSD remains in uptrend from 1.5854, the fall from 1.6593 could be treated as consolidation of the uptrend. Support is at 1.6220, as long as this level holds, the uptrend could be expected to resume, and another...