USDCAD Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:55 am
USDCAD’s upward movement from 1.1191 extended to as high as 1.1493. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.1600 area. Key support is...

USDCHF Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:54 am
USDCHF stays above the rising trend line on 4-hour chart, and remains in uptrend from 0.9531. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDJPY Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:54 am
USDJPY remains in uptrend from 117.23, the fall from 121.84 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

AUDUSD Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:53 am
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8795. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

GBPUSD Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:52 am
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that lengthier consolidation for the downtrend from 1.6182 (Oct 28 high) is needed, then...

EURUSD Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:51 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.2599. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

USDCAD Daily Analysis – December 8, 2014

by ForexCycle.com | December 8, 2014 2:28 am
USDCAD broke above 1.1466 resistance. Further rise could be expected, and next target would be at 1.1600 area. Near term support is at the rising trend line on 4-hour chart, and the key support is at 1.1313,...

USDCHF Daily Analysis – December 8, 2014

by ForexCycle.com | December 8, 2014 2:27 am
USDCHF’s upward movement from 0.9531 extended to as high as 09799. Further rise could be expected, and next target would be at 1.0000 area. Support is now located at the upward trend line on 4-hour chart, as...

USDJPY Daily Analysis – December 8, 2014

by ForexCycle.com | December 8, 2014 2:27 am
USDJPY’s upward movement from 117.23 extended to as high as 121.84. Support is located at the rising trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue,...

AUDUSD Daily Analysis – December 8, 2014

by ForexCycle.com | December 8, 2014 2:26 am
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8293. Resistance is located at the trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue, and...