AUDUSD Daily Analysis – February 23, 2015

by ForexCycle.com | February 23, 2015 3:10 am
AUDUSD is facing 0.7875 resistance, as long as this level holds, the price action in the trading range between 0.7625 and 0.7875 could be treated as consolidation of the downtrend from 0.8294 (Jan 15 high), another fall...

GBPUSD Daily Analysis – February 23, 2015

by ForexCycle.com | February 23, 2015 3:10 am
GBPUSD moved sideways in a trading range between 1.5315 and 1.5479. As long as 1.5315 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.4950, and further rise to...

EURUSD Daily Analysis – February 23, 2015

by ForexCycle.com | February 23, 2015 3:09 am
EURUSD failed to break below 1.1261 support, and stayed in the trading range between 1.1261 and 1.1534. Another fall to test 1.1261 support would likely be seen, a breakdown below this level will signal resumption of the...

USDCAD Daily Analysis – February 20, 2015

by ForexCycle.com | February 20, 2015 2:39 am
USDCAD failed to break below 1.2352 support, and stayed in the trading range between 1.2352 and 1.2797. As long as 1.2352 support holds, the price action in the range could be treated as consolidation of the uptrend...

USDJPY Daily Analysis – February 20, 2015

by ForexCycle.com | February 20, 2015 2:39 am
No changed in our view, USDJPY remains in downtrend from 120.47, the rise from 118.23 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and the target would be at 116.50 area. Key...

AUDUSD Daily Analysis – February 20, 2015

by ForexCycle.com | February 20, 2015 2:38 am
AUDUSD stayed in the trading range between 0.7625 and 0.7875. As long as 0.7875 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.8294 (Jan 15 high), another fall...

GBPUSD Daily Analysis – February 20, 2015

by ForexCycle.com | February 20, 2015 2:38 am
GBPUSD remains in uptrend from 1.4950, the fall from 1.5479 is likely consolidation of the uptrend. Support is at 1.5315, as long as this level holds, the uptrend could be expected to continue, and next target would...

EURUSD Daily Analysis – February 20, 2015

by ForexCycle.com | February 20, 2015 2:36 am
EURUSD moved sideways in a narrow range between 1.1261 and 1.1534. Support is at 1.1261, a breakdown below this level will signal resumption of the downtrend from 1.2569 (Dec 16, 2014 high), then the following downward movement...

USDCAD Daily Analysis – February 19, 2015

by ForexCycle.com | February 19, 2015 3:20 am
USDCAD is testing 1.2352 support, a breakdown below this level will indicate that the downtrend from 1.2797 has resumed, then deeper decline to 1.2200 area could be seen. On the other side, as long as 1.2352 support...

USDJPY Daily Analysis – February 19, 2015

by ForexCycle.com | February 19, 2015 3:20 am
USDJPY remains in downtrend from 120.47. Further decline could be expected after a minor consolidation, and the target would be at 116.50 area. Key resistance is at 120.47, only break above this level will indicate that the...