USDCAD Daily Analysis – November 13, 2014

by ForexCycle.com | November 13, 2014 2:46 am
USDCAD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1466. Further decline would likely be seen, and next target would be at 1.1250 area. Resistance is at the trend line, only...

USDCHF Daily Analysis – November 13, 2014

by ForexCycle.com | November 13, 2014 2:45 am
USDCHF stays in the upward price channel on 4-hour chart, and remains in uptrend from 0.9370, the fall from 0.9739 could be treated as consolidation of the uptrend. Further rise could be expected after consolidation, and next...

USDJPY Daily Analysis – November 13, 2014

by ForexCycle.com | November 13, 2014 2:45 am
USDJPY remains in uptrend from 105.32, the fall from 116.09 is likely consolidation of the uptrend. Further rise could be expected and next target would be at 117.00 area. Support is at 113.86, only break below this...

AUDUSD Daily Analysis – November 13, 2014

by ForexCycle.com | November 13, 2014 2:44 am
AUDUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8540, and the rise extended to as high as 0.8744. As long as the trend line support holds, the uptrend could be...

GBPUSD Daily Analysis – November 13, 2014

by ForexCycle.com | November 13, 2014 2:44 am
GBPUSD broke below 1.5790 support, and continued its downward movement from 1.6182, and the fall extended to as low as 1.5759. Resistance is at 1.5944, as long as this level holds, the downtrend could be expected to...

EURUSD Daily Analysis – November 13, 2014

by ForexCycle.com | November 13, 2014 2:43 am
EURUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2867. As long as the channel resistance holds, the rise from 1.2358 could be treated as consolidation of the downtrend. Further decline...

USDCAD Daily Analysis – November 12, 2014

by ForexCycle.com | November 12, 2014 4:25 am
USDCAD stays in the trading range between 1.1300 and 1.1466. As long as 1.1300 support holds, the price action could be treated as consolidation of the uptrend from 1.1121, another rise to 1.1600 area is still possible...

USDCHF Daily Analysis – November 12, 2014

by ForexCycle.com | November 12, 2014 4:24 am
USDCHF is facing that bottom of the price channel on 4-hour chart, a clear break below the channel support will indicate that the uptrend from 0.9370 had completed at 0.9739 already, then deeper decline to 0.9400 area...

USDJPY Daily Analysis – November 12, 2014

by ForexCycle.com | November 12, 2014 4:24 am
USDJPY broke above 115.50 resistance, and continued its upward movement from 105.32. Further rise could be expected, and next target would be at 117.00 area. Support is now at 113.86, only break below this level could signal...

AUDUSD Daily Analysis – November 12, 2014

by ForexCycle.com | November 12, 2014 4:23 am
AUDUSD’s upward movement from 0.8540 extended to as high as 0.8719. Further rise is still possible and the target would be at 0.8750 area. Support levels are at 0.8590 and 0.8540, only break below these levels could...