GBPUSD Daily Analysis – October 13, 2014

by ForexCycle.com | October 13, 2014 2:27 am
GBPUSD is now in uptrend from 1.5951, the fall from 1.6226 could be treated as consolidation of the uptrend. Further rise would likely be seen, and next target would be at 1.6350 area. Key support is at...

EURUSD Daily Analysis – October 13, 2014

by ForexCycle.com | October 13, 2014 2:26 am
EURUSD is now in uptrend from 1.2500, the fall from 1.2791 is likely correction of the uptrend. Key support is at 1.2500, as long as this level holds, the uptrend could be expected to resume, and one...

USDCAD Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:14 am
No changed in our view, USDCAD remains in uptrend from 1.0619, the fall from 1.1269 could be treated as consolidation of the uptrend. Near term support is at 1.1065, as long as this level holds, the uptrend...

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...

USD/JPY Forecast October 13, 2014, Technical Analysis

by FX Empire | October 11, 2014 12:32 pm
The USD/JPY pair initially broke out to the upside during the session on Friday, but as you can see fell to form a shooting star. With that, it appears that the market is going to test the...

USD/CAD Forecast October 13, 2014, Technical Analysis

by FX Empire | October 11, 2014 12:32 pm
The USD/CAD pair went back and forth during the course of the day on Friday, ultimately respecting the 1.12 level for resistance. That being the case, the market should continue to go higher if we can break...