GBPUSD Daily Analysis – October 28, 2014

by ForexCycle.com | October 28, 2014 3:57 am
GBPUSD remains in downtrend from 1.6524, the sideways movement from 1.5951 could be treated as consolidation of the downtrend. Resistance is at 1.6226, as long as this level holds, the downtrend could be expected to resume, and...

EURUSD Daily Analysis – October 28, 2014

by ForexCycle.com | October 28, 2014 3:56 am
EURUSD remains in downtrend from 1.2867, as long as 1.2750 resistance holds, the rise from 1.2613 could be treated as consolidation of the downtrend. Another fall to test 1.2500 support could be expected after consolidation, a breakdown...

USDCAD Daily Analysis – October 27, 2014

by ForexCycle.com | October 27, 2014 4:13 am
No changed in our view, USDCAD remains in uptrend from 1.0810 (Aug 29 low), the fall from 1.1385 would possibly be consolidation of the uptrend. Deeper decline is still possible, and the target would be at 1.1150...

USDCHF Daily Analysis – October 27, 2014

by ForexCycle.com | October 27, 2014 4:13 am
USDCHF remains in uptrend from 0.9370, the fall from 0.9557 is likely consolidation of the uptrend. Another rise to test 0.9687 resistance could be expected after consolidation, and a break above 0.9557 resistance will signal resumption of...

USDJPY Daily Analysis – October 27, 2014

by ForexCycle.com | October 27, 2014 4:12 am
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 105.32. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

AUDUSD Daily Analysis – October 27, 2014

by ForexCycle.com | October 27, 2014 4:11 am
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8898. the sideways movement is likely consolidation of the downtrend from 0.9401, as long as 0.8898 resistance holds, another fall to 0.8400 area is still possible....

GBPUSD Daily Analysis – October 27, 2014

by ForexCycle.com | October 27, 2014 4:11 am
GBPUSD continued its sideways movement in a range between 1.5874 and 1.6226. Resistance is at 1.6226, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from...

EURUSD Daily Analysis – October 27, 2014

by ForexCycle.com | October 27, 2014 4:10 am
EURUSD is now in downtrend from 1.2867, the rise from 1.2613 is likely consolidation of the downtrend. Further decline to test 1.2500 support would likely be seen, a breakdown below this level will signal resumption of the...

USDCAD Daily Analysis – October 24, 2014

by ForexCycle.com | October 24, 2014 3:27 am
USDCAD remains in uptrend from 1.0810 (Aug 29 low), the fall from 1.1385 is likely consolidation of the uptrend. Deeper decline is still possible, and the target would be at 1.1150 area. Resistance is at 1.1300, a...

USDCHF Daily Analysis – October 24, 2014

by ForexCycle.com | October 24, 2014 3:26 am
USDCHF remains in uptrend from 0.9370, and the rise extended to as high as 0.9557. Further rise could be expected, and next target would be at 0.9650 area. Support is at 0.9440, only break below this level...