USDJPY Daily Analysis – February 13, 2015

by ForexCycle.com | February 13, 2015 4:01 am
USDJPY failed to break above 120.82 resistance, indicating that lengthier consolidation for the uptrend from 101.06 (Jul 10, 2014 low) is needed. Sideways movement in the range between 115.85 and 120.82 could be expected to continue over...

AUDUSD Daily Analysis – February 13, 2015

by ForexCycle.com | February 13, 2015 4:00 am
AUDUSD failed to break below 0.7625 support, and stayed in the trading range between 0.7625 and 0.7875, indicating that lengthier consolidation for the downtrend from 0.8294 is needed. Sideways movement would likely be seen over the next...

GBPUSD Daily Analysis – February 13, 2015

by ForexCycle.com | February 13, 2015 4:00 am
GBPUSD’s upward movement from 1.4950 extended to as high as 1.5414. Support is now at 1.5195, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.5500 area....

EURUSD Daily Analysis – February 13, 2015

by ForexCycle.com | February 13, 2015 3:59 am
EURUSD moved sideways in a trading range between 1.1097 and 1.1534. As long as 1.1534 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.2569 (Dec 16, 2014 high),...

USDCAD Daily Analysis – February 12, 2015

by ForexCycle.com | February 12, 2015 3:56 am
USDCAD continued its sideways movement in a range between 1.2352 and 1.2797. As long as 1.2352 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.1191 (Nov 21, 2014 low), another rise...

USDJPY Daily Analysis – February 12, 2015

by ForexCycle.com | February 12, 2015 3:55 am
USDJPY is facing 120.82 resistance, a break of this level will indicate that the uptrend from 101.06 (Jul 10, 2014 low) has resumed, then next target would be at 125.00 area. Support is at 118.20, only break...

AUDUSD Daily Analysis – February 12, 2015

by ForexCycle.com | February 12, 2015 3:55 am
AUDUSD is facing 0.7625 support, a breakdown below this level will signal resumption of the downtrend from 0.8294, then next target would be at 0.7500 area. Resistance is at 0.7875, only break above this level could signal...

GBPUSD Daily Analysis – February 12, 2015

by ForexCycle.com | February 12, 2015 3:54 am
GBPUSD remains in uptrend from 1.4950, the fall from 1.5351 could be treated as consolidation of the uptrend. Support is at the bottom of the price channel on 4-hour chart, as long as the channel support holds,...

EURUSD Daily Analysis – February 12, 2015

by ForexCycle.com | February 12, 2015 3:54 am
EURUSD is in short term downtrend from 1.1534. Deeper decline to test 1.1097 support would likely be seen, a breakdown below this level will signal resumption of the longer term downtrend from 1.2569 (Dec 16, 2014 high),...

USDCAD Daily Analysis – February 11, 2015

by ForexCycle.com | February 11, 2015 3:33 am
USDCAD is forming a sideways consolidation in a range between 1.2352 and 1.2797. The sideways movement could be expected to continue in a couple of days. As long as 1.2352 support holds, the uptrend from 1.1191 (Nov...