USDCHF Daily Analysis – November 5, 2014

by ForexCycle.com | November 5, 2014 3:28 am
USDCHF remains in uptrend from 0.9370, the fall from 0.9689 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the...

USDJPY Daily Analysis – November 5, 2014

by ForexCycle.com | November 5, 2014 3:26 am
USDJPY remains in uptrend from 105.32, the fall from 114.21 is likely consolidation of the uptrend. Support levels are at 112.50 and 112.00, as long as these levels hold, the uptrend could be expected to continue, and...

AUDUSD Daily Analysis – November 5, 2014

by ForexCycle.com | November 5, 2014 3:26 am
AUDUSD failed to break below 0.8642 support, and stayed in the trading range between 0.8642 and 0.8910. The price action in the range is likely consolidation of the downtrend from 0.9401 (Sept 5 high). Another fall to...

GBPUSD Daily Analysis – November 5, 2014

by ForexCycle.com | November 5, 2014 3:25 am
GBPUSD stays in a trading range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.6524 (Sept 19 high), another fall...

EURUSD Daily Analysis – November 5, 2014

by ForexCycle.com | November 5, 2014 3:24 am
EURUSD remains in downtrend from 1.2867, the rise from 1.2441 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...

USDCAD Daily Analysis – November 4, 2014

by ForexCycle.com | November 4, 2014 2:58 am
USDCAD is facing 1.1385 resistance, a break of this level will indicate that the uptrend from 1.0810 (Aug 29 low) has resumed, then next target would be at 1.1500 area. Support is at 1.1260, only break below...

USDCHF Daily Analysis – November 4, 2014

by ForexCycle.com | November 4, 2014 2:57 am
USDCHF remains in uptrend from 0.9370. Further rise is still possible after a minor consolidation, and next target would be at 0.9900 area. Support levels are at 0.9635 and 0.9600, as long as these levels hold, the...

USDJPY Daily Analysis – November 4, 2014

by ForexCycle.com | November 4, 2014 2:57 am
USDJPY continued its upward movement from 105.32, and the rise extended to as high as 114.21. Further rise could be expected after a minor consolidation, and next target would be at 117.00 area. Support is at 112.50,...

AUDUSD Daily Analysis – November 4, 2014

by ForexCycle.com | November 4, 2014 2:56 am
AUDUSD is facing 0.8642 support, a breakdown below this level will signal resumption of the downtrend from 0.9401 (Sept 5 high), then next target would be at 0.8400 area. Near term resistance is at 0.8730, above this...

GBPUSD Daily Analysis – November 4, 2014

by ForexCycle.com | November 4, 2014 2:55 am
GBPUSD is facing 1.5874 support, a breakdown below this level will signal resumption of the downtrend from 1.6524 (Sept 19 high), then next target would be at 1.5600 area. Key resistance is at 1.6226, only break above...