USDCAD Daily Analysis – January 27, 2015

by ForexCycle.com | January 27, 2015 2:55 am
USDCAD’s upward movement from 1.1560 extended to as high as 1.2494. Further rise could be expected after a minor consolidation, and next target would be at 1.2700 area. Support is at 1.2250, only break below this level...

USDJPY Daily Analysis – January 27, 2015

by ForexCycle.com | January 27, 2015 2:54 am
USDJPY is facing 118.86 resistance, a break of this level will signal resumption of the uptrend from 115.85, then further rise to test 120.82 resistance could be seen. Support is at 116.90, only break below this level...

AUDUSD Daily Analysis – January 27, 2015

by ForexCycle.com | January 27, 2015 2:54 am
AUDUSD remains in downtrend from 0.8294, the rise from 0.7857 is likely consolidation of the downtrend. Resistance is at 0.8000, as long as this level holds, the downtrend could be expected to continue, and next target would...

GBPUSD Daily Analysis – January 27, 2015

by ForexCycle.com | January 27, 2015 2:53 am
GBPUSD remains in downtrend from 1.5785, the price action from 1.5034 is likely consolidation of the downtrend. Near term resistance is at the top of the price channel on 4-hour chart, as long as the channel resistance...

EURUSD Daily Analysis – January 27, 2015

by ForexCycle.com | January 27, 2015 2:52 am
EURUSD remains in downtrend from 1.2569, the rise from 1.1097 is likely consolidation of the downtrend. Near term resistance is at 1.1350, as long as this level holds, the downtrend could be expected to continue, and next...

USDCAD Daily Analysis – January 26, 2015

by ForexCycle.com | January 26, 2015 2:41 am
USDCAD remains in uptrend from 1.1560. Near term support is at 1.2250, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.2700 area. Key support is located...

USDJPY Daily Analysis – January 26, 2015

by ForexCycle.com | January 26, 2015 2:40 am
USDJPY remains in short term uptrend from 115.85, the fall from 118.86 is likely consolidation of the uptrend. Further rise to test 120.82 resistance could be expected after consolidation, a break of this level will signal resumption...

AUDUSD Daily Analysis – January 26, 2015

by ForexCycle.com | January 26, 2015 2:39 am
AUDUSD remains in downtrend from 0.8294, and the fall extended to as low as 0.7857. Further decline could be expected after a minor consolidation, and next target would be at 0.7600 area. Resistance is at 0.8000, as...

GBPUSD Daily Analysis – January 26, 2015

by ForexCycle.com | January 26, 2015 2:37 am
GBPUSD’s downward movement from 1.5785 extended to as low as 1.4950. Further decline could be expected, and next target would be at 1.4700 area. Resistance levels are at 1.5100 and 1.5268, only break above these levels could...

EURUSD Daily Analysis – January 26, 2015

by ForexCycle.com | January 26, 2015 2:36 am
EURUSD’s downward movement from 1.2569 extended to as low as 1.1097. Further decline could be expected after a minor consolidation and next target would be at 1.0800 area. Near term resistance is at 1.1350, and the key...