USDJPY Analysis – October 13, 2013

by ForexCycle.com | October 13, 2013 4:14 am
USDJPY failed to break below 95.81 support, suggesting that lengthier sideways movement is underway. Key support is at 93.79, as long as this level holds, the price action from 103.73 is treated as consolidation of the uptrend...

AUDUSD Analysis – October 13, 2013

by ForexCycle.com | October 13, 2013 4:13 am
AUDUSD stays within a upward price channel on daily chart, and remains in uptrend from 0.8847, then fall from 0.9526 is treated as consolidation of the uptrend. As long as the channel support holds, another rise towards...

GBPUSD Analysis – October 13, 2013

by ForexCycle.com | October 13, 2013 4:12 am
GBPUSD is facing the support of the upward trend line on daily chart, as long as the trend line support holds, the uptrend from 1.4813 could be expected to resume, and one more rise towards 1.6500 is...

EURUSD Analysis – October 13, 2013

by ForexCycle.com | October 13, 2013 4:09 am
EURUSD remains in uptrend from 1.2756, the fall from 1.3646 is treated as consolidation of the uptrend. Deeper decline to the lower line of the price channel to complete the consolidation would likely be seen over the...

What’s the best way to trade Martingale Forex Trading Strategies?

by ForexCycle.com | October 7, 2013 8:19 am
We are not advocating Martingale strategies. But rather, we respect the Martingale concept and believe it has its place in a trader’s portfolio. The following tips seek to reduce the overall risk and increase the overall success...

USDCAD Analysis – October 6, 2013

by ForexCycle.com | October 6, 2013 10:23 am
USDCAD’s rise from 1.0182 extended to as high as 1.0356. As long as 1.0380 resistance holds, the rise could be treated as consolidation of the downtrend from 1.0568, another fall towards 1.0000 is still possible.

USDCHF Analysis – October 6, 2013

by ForexCycle.com | October 6, 2013 10:23 am
USDCHF’s downward movement from 0.9751 extends to as low as 0.8967. Key resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...

USDJPY Analysis – October 6, 2013

by ForexCycle.com | October 6, 2013 10:22 am
USDJPY continues its sideways movement in a range between 93.79 and 103.73. As long as 93.79 key support holds, the price action in the range could be treated as consolidation of the uptrend from 75.57 (Oct 31,...

AUDUSD Analysis – October 6, 2013

by ForexCycle.com | October 6, 2013 10:21 am
No changed in our view, AUDUSD remains in uptrend from 0.8847, the fall from 0.9526 could be treated as consolidation of the uptrend. Support is located at the lower line of the price channel on daily daily...

GBPUSD Analysis – October 6, 2013

by ForexCycle.com | October 6, 2013 10:20 am
GBPUSD remains in uptrend from 1.4813, the fall from 1.6259 is likely consolidation of the uptrend. Support is at the upward trend line on daily chart, as long as the trend line support holds, the uptrend could...