USDJPY Daily Analysis – September 24, 2014

by ForexCycle.com | September 24, 2014 3:45 am
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, the fall from 109.45 could be treated as consolidation of the uptrend. Key support is now at 108.24, as long as...

AUDUSD Daily Analysis – September 24, 2014

by ForexCycle.com | September 24, 2014 3:44 am
AUDUSD remains in downtrend from 0.9401, and the fall extended to as low as 0.8831. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...

GBPUSD Daily Analysis – September 24, 2014

by ForexCycle.com | September 24, 2014 3:44 am
GBPUSD remains in uptrend from 1.6051, the fall from 1.6524 is likely consolidation of the uptrend. Near term support is at the upward trend line on 4-hour chart, and the key support is at 1.6283, as long...

EURUSD Daily Analysis – September 24, 2014

by ForexCycle.com | September 24, 2014 3:43 am
EURUSD failed to break above the downward trend line on 4-hour chart, indicating that the pair remains in downtrend from 1.3411. As long as the trend line resistance holds, further decline could be expected, and next target...

USDCAD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:14 am
USDCAD broke above 1.1025 resistance, and reached as high as 1.1049, indicating that the downtrend from 1.1098 had completed at 1.0886 already. Further rise could be expected over the next several days, and next target would be...

USDCHF Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:13 am
USDCHF remains in uptrend from 0.8997, the fall from 0.9432 could be treated as consolidation of the uptrend. Near term support is at the upward trend line on 4-hour chart. As long as the trend line support...

USDJPY Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:12 am
USDJPY is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend from 101.50 could be expected continue, and next target would be at 1.1100 area....

AUDUSD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:12 am
AUDUSD continued its downward movement from 0.9401, and the fall extended to as low as 0.8852. Resistance is located at the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend...

GBPUSD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:11 am
GBPUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.6051, the fall from 1.6524 would possibly be consolidation of the uptrend. As long as the trend line support holds, the uptrend...

EURUSD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:10 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...