USDCHF Daily Analysis – October 6, 2014

by ForexCycle.com | October 6, 2014 3:23 am
USDCHF’s upward movement from 0.9300 extended to as high as 0.9687. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue,...

USDJPY Daily Analysis – October 6, 2014

by ForexCycle.com | October 6, 2014 3:22 am
USDJPY is facing 110.08 resistance, a break above this level will indicate that the uptrend from 101.06 (Jul 10 low) has resumed, then next target would be at 113.00 area. However, as long as 110.08 resistance holds,...

AUDUSD Daily Analysis – October 6, 2014

by ForexCycle.com | October 6, 2014 3:22 am
After consolidation, AUDUSD continued its downward movement from 0.9401, and the fall extended to as low as 0.8642. Further decline is still possible, and next target would be at 0.8400 area. Key resistance is now at 0.8826,...

GBPUSD Daily Analysis – October 6, 2014

by ForexCycle.com | October 6, 2014 3:21 am
GBPUSD broke below 1.6051 support, indicating that the downtrend from 1.7190 (Jul 15 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 1.5600 area. Resistance levels are at...

EURUSD Daily Analysis – October 6, 2014

by ForexCycle.com | October 6, 2014 3:20 am
After consolidation, EURUSD continued its downward movement from 1.2994, and the fall extended to as low as 1.2500. Near term resistance is located at the downward trend line on 4-hour chart, as long as the trend line...

USDCAD Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:19 pm
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDCHF Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:19 pm
USDCHF’s upward movement from 0.8855 extended to as high as 0.9683. Further rise could be expected, and next target would be at 0.9900 area. Support is at 0.9500, only break below this level will indicate that consolidation...

USDJPY Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:18 pm
USDJPY stays in the upward price channel on daily chart. As long as the channel support holds, the uptrend from 101.06 could be expected to continue, and next target would be at 115.00 area. On the downside,...

AUDUSD Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:18 pm
AUDUSD broke below 0.8660 (Jan 24 low) support. Further decline would likely be seen, and next target would be at 0.8200 area. Resistance is at 0.8830, only break above this level will indicate that consolidation of the...

GBPUSD Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:17 pm
GBPUSD broke below 1.6051 support, indicating that the downtrend from 1.7190 has resumed. Further decline could be expected, and next target would be at 1.5500 area. Near term resistance is at 1.6100, only break above this level...