USDCAD Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:18 am
USDCAD remains in uptrend from 1.0813, and the rise extended to as high as 1.0926. Further rise could be expected after a minor consolidation, and the target would be at the upper line of the price channel...

USDCHF Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:17 am
USDCHF’s upward movement from 0.8702 extended to as high as 0.8908. The uptrend could be expected to continue, and next target would be at 0.8950 area. Support is at 0.8860, only break below this level will indicate...

USDJPY Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:17 am
USDJPY remains in uptrend from 102.43, and the rise extended to as high as 102.36. Further rise could be expected after a minor consolidation, and next target would be at 102.70 area. Support levels are at 101.80...

AUDUSD Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:16 am
AUDUSD moved sideways in a trading range between 0.9318 and 0.9394. The sideways movement is likely consolidation of the uptrend from 0.9202. As long as 0.9318 support holds, the uptrend could be expected to resume, and next...

GBPUSD Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:16 am
GBPUSD broke below 1.6832 support, indicating that the uptrend from 1.6465 (Mar 24 low) had completed at 1.6996 already. Further decline would likely be seen after a minor consolidation, and next target would be at 1.6700 area....

EURUSD Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:15 am
EURUSD’s downward movement from 1.3993 extended to as low as 1.3689. The downtrend could be expected to continue, and next target would be at 1.3600 area. Resistance is at 1.3755, only break above this level will indicate...

USD/CHF Range Setup (May 13, 2014)

by Kate Curtis | May 13, 2014 8:23 am
USD/CHF has made a strong rally after bouncing off support on its 4-hour range. The pair has been moving sideways between the .8750 minor psychological level and the resistance around .8925. The rally could be cut short...

USD/CHF Range Setup (May 13, 2014)

by Kate Curtis | May 13, 2014 7:30 am
USD/CHF has made a strong rally after bouncing off support on its 4-hour range. The pair has been moving sideways between the .8750 minor psychological level and the resistance around .8925. The rally could be cut short...

EUR/USD Forecast May 13, 2014, Technical Analysis

by FX Empire | May 13, 2014 5:32 am
The EUR/USD pair did almost nothing during the session on Monday, as the market sits right on top of the 1.3750 level, an area that we know is supportive. That being the case, it appears that the...