USDJPY Daily Analysis – November 10, 2014

by ForexCycle.com | November 10, 2014 3:52 am
USDJPY remains in uptrend from 105.32, the fall from 115.50 is likely consolidation of the uptrend. Range trading between 113.17 and 115.50 would likely be seen in a couple of days. As long as 113.17 support holds,...

AUDUSD Daily Analysis – November 10, 2014

by ForexCycle.com | November 10, 2014 3:51 am
AUDUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 0.8910 had completed at 0.8540 already. Further rise would likely be seen, and the target would be at 1.8750 area. Support is...

GBPUSD Daily Analysis – November 10, 2014

by ForexCycle.com | November 10, 2014 3:51 am
GBPUSD is in downtrend from 1.6182, the rise from 1.5790 is likely consolidation of the downtrend. Resistance is located at the downward price channel on 4-hour chart. As long as the channel resistance holds, the downtrend could...

EURUSD Daily Analysis – November 10, 2014

by ForexCycle.com | November 10, 2014 3:50 am
EURUSD remains in downtrend from 1.2867, the rise from 1.2358 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...

USDCAD Daily Analysis – November 6, 2014

by ForexCycle.com | November 6, 2014 3:21 am
USDCAD remains in uptrend from 1.1121, the fall from 1.1466 is likely consolidation of the uptrend. Support is at 1.1330, as long as this level holds, the uptrend could be expected to continue, and next target would...

USDCHF Daily Analysis – November 6, 2014

by ForexCycle.com | November 6, 2014 3:19 am
After touching 0.9687 resistance, USDCHF pulled back from 0.9689. However, the fall is likely consolidation of the uptrend from 0.9370, as long as the channel support holds, the uptrend could be expected to resume, and another rise...

USDJPY Daily Analysis – November 6, 2014

by ForexCycle.com | November 6, 2014 3:19 am
USDJPY’s upward movement from 105.32 extended to as high as 115.17. Support is now at 113.17, as long as this level holds, the uptrend could be expected to continue, and next target would be at 117.00 area....

AUDUSD Daily Analysis – November 6, 2014

by ForexCycle.com | November 6, 2014 3:18 am
AUDUSD broke below 0.8642 support, indicating that the downtrend from 0.9401 (Sept 5 high) has resumed. Further decline could be expected over the next several days, and next target would be at 0.8400 area. Near term resistance...

GBPUSD Daily Analysis – November 6, 2014

by ForexCycle.com | November 6, 2014 3:16 am
GBPUSD broke below 1.5874 support, indicating that the downtrend from 1.6524 (Sept 19 high) has resumed. Further decline could be expected, and next target would be at 1.5600 area. Resistance is at 1.6040, only break above this...

EURUSD Daily Analysis – November 6, 2014

by ForexCycle.com | November 6, 2014 3:16 am
EURUSD is facing 1.2441 support, a breakdown below this level will signal resumption of the downtrend from 1.2867, then next target would be at 1.2200 area. Resistance is located at the upper line of the price channel...