USDJPY Daily Analysis – November 24, 2014

by ForexCycle.com | November 24, 2014 3:17 am
USDJPY remains in uptrend from 105.32, the fall from 118.97 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on 4-hour chart, as long as the channel support holds, the...

AUDUSD Daily Analysis – November 24, 2014

by ForexCycle.com | November 24, 2014 3:17 am
AUDUSD failed to break below 0.8540 support, and stayed in the trading range between 0.8540 and 0.8795. Further rise to test 0.8795 resistance would likely be seen, a break of this level will signal resumption of the...

GBPUSD Daily Analysis – November 24, 2014

by ForexCycle.com | November 24, 2014 3:16 am
GBPUSD remains in downtrend from 1.6182, the rise from 1.5590 is likely consolidation of the downtrend. Resistance is located at the falling trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...

EURUSD Daily Analysis – November 24, 2014

by ForexCycle.com | November 24, 2014 3:14 am
EURUSD is facing 1.2358 support, a breakdown below this level will confirm that the downtrend from 1.2867 has resumed, then the following downward movement could bring price to 1.2000 area. Resistance is at 1.2450, only break above...

USDCAD Daily Analysis – November 21, 2014

by ForexCycle.com | November 21, 2014 1:57 am
After touching the downward trend line on 4-hour chart, USDCAD pulled back from 1.1369, indicating that the pair remains in downtrend from 1.1466. Further decline would likely be seen, and next target would be at 1.1200 area....

USDCHF Daily Analysis – November 21, 2014

by ForexCycle.com | November 21, 2014 1:56 am
USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9739, the rise from 0.9531 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...

USDJPY Daily Analysis – November 21, 2014

by ForexCycle.com | November 21, 2014 1:56 am
USDJPY stays in the upward price channel on 4-hour chart, and remains in uptrend from 105.32, the fall from 118.97 is likely conolidation of the uptrend. Support is at the bottom of the channel, as long as...

AUDUSD Daily Analysis – November 21, 2014

by ForexCycle.com | November 21, 2014 1:55 am
AUDUSD is facing 0.8540 support, a breakdown below this level will indicate that the downtrend from 0.8910 has resumed, then next target would be at 0.8400 area. Resistance is at 0.8670, as long as this level holds,...

GBPUSD Daily Analysis – November 21, 2014

by ForexCycle.com | November 21, 2014 1:54 am
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6182, and the rise from 1.5590 could be treated as consolidation of the downtrend. Resistance is at the downward trend line on...

EURUSD Daily Analysis – November 21, 2014

by ForexCycle.com | November 21, 2014 1:53 am
EURUSD remains in uptrend from 1.2358, the fall from 1.2599 could be treated as consolidation of the downtrend. Support is located at the rising trend line on 4-hour chart. As long as the trend line support holds,...