AUDUSD Daily Analysis – September 30, 2014

by ForexCycle.com | September 30, 2014 2:10 am
AUDUSD remains in downtrend from 0.9401. Further decline could be expected, and next target would be at 0.8600 area. Key resistance is located at the downward trend line on 4-hour chart, only a clear break above the...

GBPUSD Daily Analysis – September 30, 2014

by ForexCycle.com | September 30, 2014 2:09 am
GBPUSD remains in downtrend from 1.6524, as long as 1.6340 resistance holds, the downtrend could be expected to continue, and next target would be at 1.6100 area. On the upside, a break above 1.6340 resistance will indicate...

EURUSD Daily Analysis – September 30, 2014

by ForexCycle.com | September 30, 2014 2:08 am
EURUSD remains in downtrend from 1.3411, as long as 1.2765 resistance holds, the downtrend could be expected to continue, and next target would be at 1.2500 area. Key resistance is located at the downward trend line on...

EURJPY Corrective Wave (Sept 29, 2014)

by Kate Curtis | September 29, 2014 6:18 am
EURJPY appears to be retracing from its recent rally earlier in the month, as price has found resistance near the 141.00 major psychological level and pulled back to the 139.00 area. A deeper pullback could last until...

USDCAD Daily Analysis – September 29, 2014

by ForexCycle.com | September 29, 2014 3:48 am
USDCAD’s upward movement from 1.0886 extended to as high as 1.1177. Further rise could be expected after a minor consolidation, and next target would be at 1.1300 area. Support is at 1.1080, as long as this level...

USDCHF Daily Analysis – September 29, 2014

by ForexCycle.com | September 29, 2014 3:47 am
USDCHF continued its upward movement from 0.8997, and the rise extended to as high as 0.9525. Further rise could be expected after a minor consolidation, and next target would be at 0.9700 area. Near term support is...

USDJPY Daily Analysis – September 29, 2014

by ForexCycle.com | September 29, 2014 3:47 am
USDJPY broke above 109.45 resistance, indicating that the uptrend from 101.50 has resumed. Further rise could be expected, and next target would be at 112.00 area. Key support is located at 108.24, only break below this level...

AUDUSD Daily Analysis – September 29, 2014

by ForexCycle.com | September 29, 2014 3:46 am
AUDUSD’s downward movement from 0.9401 extended to as low as 0.8692. Further decline could be expected after a minor consolidation, and next target would be at 0.8600 area. Key resistance is located at the downward trend line...

GBPUSD Daily Analysis – September 29, 2014

by ForexCycle.com | September 29, 2014 3:45 am
GBPUSD’s downward movement from 1.6524 extended to as low as 1.6214. Resistance is at 1.6340, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.6100 area. Only...

EURUSD Daily Analysis – September 29, 2014

by ForexCycle.com | September 29, 2014 3:45 am
EURUSD continued its downward movement from 1.3411, and the fall extended to as low as 1.2666. Further decline would likely be seen after a minor consolidation, and next target would be at 1.2500 area. Near term resistance...