USDCAD Daily Analysis – November 19, 2014

by ForexCycle.com | November 19, 2014 3:17 am
USDCAD’s downward movement from 1.1466 extended to as low as 1.1260. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.1200 area. However, a clear...

USDCHF Daily Analysis – November 19, 2014

by ForexCycle.com | November 19, 2014 3:15 am
USDCHF remains in downtrend from 0.9739, as long as the trend line resistance holds, the rise from 0.9552 could be treated as consolidation of the downtrend. Further decline would likely be seen, and next target would be...

USDJPY Daily Analysis – November 19, 2014

by ForexCycle.com | November 19, 2014 3:15 am
USDJPY’s upward movement from 105.32 extended to as high as 117.21. Support is now at 115.45, as long as this level holds, the uptrend could be expected to continue, and next target would be at 119.00 area....

AUDUSD Daily Analysis – November 19, 2014

by ForexCycle.com | November 19, 2014 3:14 am
AUDUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.8540 had completed at 0.8795 already. Further decline to test 0.8540 support would likely be seen. Resistance is at 0.8795, only break...

GBPUSD Daily Analysis – November 19, 2014

by ForexCycle.com | November 19, 2014 3:12 am
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6182, the rise from 1.5592 is likely consolidation of the downtrend. Key resistance is located at the trend line, only a clear...

EURUSD Daily Analysis – November 19, 2014

by ForexCycle.com | November 19, 2014 3:12 am
EURUSD stays above the rising trend line on 4-hour chart, and remains in uptrend from 1.2358, the fall from 1.2577 would possibly be consolidation of the uptrend. As long as the trend line support holds, the uptrend...

USDCAD Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:58 am
USDCAD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1466. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

USDCHF Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:57 am
USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9739, the rise from 0.9552 would possibly be consolidation of the downtrend. As long as the trend line resistance holds, the downtrend...

USDJPY Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:57 am
USDJPY remains in uptrend from 105.32, the fall from 117.05 is likely consolidation o f the uptrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...

AUDUSD Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:56 am
AUDUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8540, the fall from 0.8795 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could...