AUDUSD Daily Analysis – October 1, 2014

by ForexCycle.com | October 1, 2014 3:37 am
AUDUSD continued its downward movement from 0.9401, and the fall extended to as low as 0.8665. Further decline could be expected, and next target would be at 0.8600 area. Resistance is located at the downward trend line...

GBPUSD Daily Analysis – October 1, 2014

by ForexCycle.com | October 1, 2014 3:36 am
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524. Further decline could be expected, and next target would be at 1.6100 area. Near term resistance is at the trend line,...

EURUSD Daily Analysis – October 1, 2014

by ForexCycle.com | October 1, 2014 3:35 am
EURUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2994, the rise from 1.2570 is likely consolidation of the downtrend. Resistance is located at the upper line of trend line, as...

USDCAD Daily Analysis – September 30, 2014

by ForexCycle.com | September 30, 2014 2:11 am
USDCAD remains in uptrend from 1.0886, the fall from 1.1178 could be treated as consolidation of the uptrend. Support is at 1.1080, as long as this level holds, the uptrend could be expected to continue, and next...

USDCHF Daily Analysis – September 30, 2014

by ForexCycle.com | September 30, 2014 2:11 am
USDCHF remains in uptrend from 0.8997, the fall from 0.9531 is likely consolidation of the uptrend. Near term support is at 0.9450, as long as this level holds, the uptrend could be expected to continue, and next...

USDJPY Daily Analysis – September 30, 2014

by ForexCycle.com | September 30, 2014 2:10 am
USDJPY’s upward movement from 101.50 extended to as high as 109.74. Further rise is still possible, and next target would be at 112.00 area. Key support is located at 108.24, only break below this level could signal...

AUDUSD Daily Analysis – September 30, 2014

by ForexCycle.com | September 30, 2014 2:10 am
AUDUSD remains in downtrend from 0.9401. Further decline could be expected, and next target would be at 0.8600 area. Key resistance is located at the downward trend line on 4-hour chart, only a clear break above the...

GBPUSD Daily Analysis – September 30, 2014

by ForexCycle.com | September 30, 2014 2:09 am
GBPUSD remains in downtrend from 1.6524, as long as 1.6340 resistance holds, the downtrend could be expected to continue, and next target would be at 1.6100 area. On the upside, a break above 1.6340 resistance will indicate...

EURUSD Daily Analysis – September 30, 2014

by ForexCycle.com | September 30, 2014 2:08 am
EURUSD remains in downtrend from 1.3411, as long as 1.2765 resistance holds, the downtrend could be expected to continue, and next target would be at 1.2500 area. Key resistance is located at the downward trend line on...

USDCAD Daily Analysis – September 29, 2014

by ForexCycle.com | September 29, 2014 3:48 am
USDCAD’s upward movement from 1.0886 extended to as high as 1.1177. Further rise could be expected after a minor consolidation, and next target would be at 1.1300 area. Support is at 1.1080, as long as this level...