GBPUSD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:25 am
GBPUSD remains in uptrend from 1.6252, the fall from 1.6822 is likely consolidation of the uptrend. Support is at 1.6670, as long as this level holds, the uptrend could be expected to resume, and another rise towards...

EURUSD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:25 am
EURUSD remains in uptrend from 1.3477. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.3800 area. On the downside, a clear break below the...

AUD/JPY Long-Term Range (February 17, 2014)

by Kate Curtis | February 17, 2014 10:11 am
AUD/JPY is on its way to the top of its long-term range, which can be clearly seen on the daily time frame. Stochastic is already indicating overbought conditions, which suggests that bears could push the pair back...

USDCAD Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:41 am
USDCAD remains in downtrend from 1.1224, and the fall extended to as low as 1.0940. Deeper decline would likely be seen, and next target would be at 1.0800 area. Resistance is at 1.1030, only break above this...

USDCHF Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:40 am
USDCHF continues its downward movement from 0.9081 and the fall extends to as low as 0.8900. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

USDJPY Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:39 am
USDJPY failed to break above the upper line of the price channel on 4-hour chart. Now the fall from 102.70 would possibly be resumption of the downtrend from 105.44. Deeper decline to test 100.75 support would likely...

AUDUSD Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:38 am
AUDUSD breaks above 0.9067 resistance, suggesting that the uptrend from 0.8660 has resumed. Further rise could be expected and next target would be at 0.9200 area. Initial support is at the bottom of the price channel on...

GBPUSD Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:38 am
GBPUSD broke above 1.6668 resistance and the upward movement from 1.6252 extends to as high as 1.6822. Support is now at 1.6670, as long as this level holds, the uptrend could be expected to continue, and next...

EURUSD Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:37 am
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.3477. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDCAD Weekly Analysis – February 16, 2014

by ForexCycle.com | February 16, 2014 7:53 am
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0182, the fall from 1.1224 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...