AUDUSD Daily Analysis – February 13, 2017

by ForexCycle.com | February 13, 2017 2:56 am
AUDUSD is facing 0.7695 resistance, a break of this level will indicate that the uptrend from 0.7159 (Dec 26, 2016 low) has resumed, then next target would be at 0.7800 area. On the downside, as long as...

EURUSD Daily Analysis – February 13, 2017

by ForexCycle.com | February 13, 2017 2:55 am
EURUSD broke below 1.0620 support, indicating that the uptrend from 1.0340 had completed at 1.0828 already. Further decline could be expected over the next several days, and next target would be at 1.0400 area. Resistance is at...

USDJPY Daily Analysis – February 10, 2017

by ForexCycle.com | February 10, 2017 5:42 am
USDJPY broke above the downward trend line on 4-hour chart, and is now facing the resistance at 113.95. As long as this level holds, the rise from 111.59 could be treated as consolidation of the downtrend from...

GBPUSD Daily Analysis – February 10, 2017

by ForexCycle.com | February 10, 2017 5:41 am
No changed in our view, GBPUSD remains in downtrend from 1.2706, the rise from 1.2346 could be treated as consolidation of the downtrend. Further decline could be expected after correction, and next target would be at 1.2100...

EURUSD Daily Analysis – February 10, 2017

by ForexCycle.com | February 10, 2017 5:41 am
EURUSD is testing 1.0620 support, as long as the pair is above this level, the fall from 1.0828 could be treated as consolidation of the uptrend from 1.0340 and further rise to 1.0900 area is still possible...

USDCAD Daily Analysis – February 9, 2017

by ForexCycle.com | February 9, 2017 2:00 am
USDCAD remains in uptrend from 1.2968, the fall from 1.3211 is likely consolidation of the uptrend. Further rise is still possible after consolidation, and next target would be at 1.3300 area.

USDJPY Daily Analysis – February 9, 2017

by ForexCycle.com | February 9, 2017 2:00 am
USDJPY stays below the downward trend line on 4-hour chart and remains in downtrend from 118.66 (Dec 15, 2016 high). As long as the trend line resistance holds, the downtrend could be expected to continue and next...

AUDUSD Daily Analysis – February 9, 2017

by ForexCycle.com | February 9, 2017 1:59 am
AUDUSD is in consolidation of the uptrend from 0.7159. Range trading between 0.7570 and 0.7695 would likely be seen in a couple of days and further rise to 0.7800 is possible after consolidation. Key support is at...

GBPUSD Daily Analysis – February 9, 2017

by ForexCycle.com | February 9, 2017 1:59 am
GBPUSD is now in downtrend from 1.2706, the rise from 1.2346 is likely correction of the downtrend. Further decline could be expected after correction, and next target would be at 1.2100 area. Resistance is at 1.2706, only...

EURUSD Daily Analysis – February 9, 2017

by ForexCycle.com | February 9, 2017 1:49 am
EURUSD is facing 1.0620 support, as long as this level holds, the fall from 1.0828 could be treated as consolidation of the uptrend from 1.0340 and further rise to 1.0900 area is still possible after consolidation. However,...