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...

GBPUSD Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:55 am
GBPUSD remains in downtrend from 1.6182, the rise from 1.5592 is likely consolidation of the downtrend. Key resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the...

EURUSD Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:54 am
EURUSD’s upward movement extended to as high as 1.2577. Further rise is still possible, and next target would be at 1.2600 – 1.2650 area. Support is located at the upward trend line on 4-hour chart, only a...

USDCAD Daily Analysis – November 17, 2014

by ForexCycle.com | November 17, 2014 2:18 am
USDCAD’s downward movement from 1.1466 extended to as low as 1.1264. Further decline is still possible, and next target would be at 1.1200 area. Resistance is located at the downward trend line on 4-hour chart, only a...

USDCHF Daily Analysis – November 17, 2014

by ForexCycle.com | November 17, 2014 2:17 am
USDCHF broke below 0.9580 support, indicating that the uptrend from 0.9370 had completed at 0.9739 already. Deeper decline would likely be seen, and next target would be at 0.9500 area. Resistance levels are at 0.9690 and 0.9739,...