USDCAD Daily Analysis – October 15, 2014

by ForexCycle.com | October 15, 2014 3:27 am
USDCAD broke above 1.1269 resistance, indicating that the uptrend from 1.0810 (Aug 29 low) has resumed. Further rise could be expected, and next target would be at 1.1500 area. Support is now located at the upward trend...

USDCHF Daily Analysis – October 15, 2014

by ForexCycle.com | October 15, 2014 3:26 am
USDCHF failed to break below 0.9468 support, and stayed in the trading range between 0.9468 and 0.9687. However the rise from 0.9468 is likely consolidation of the downtrend from 0.9687, one more fall to 0.9400 area is...

USDJPY Daily Analysis – October 15, 2014

by ForexCycle.com | October 15, 2014 3:26 am
USDJPY remains in downtrend from 110.08, and the fall extended to as low as 106.67. Further decline is still possible and next target would be at 106.00 area. Resistance is at 108.20, only break above this level...

AUDUSD Daily Analysis – October 15, 2014

by ForexCycle.com | October 15, 2014 3:25 am
AUDUSD is facing 0.8642 support again, a breakdown below this level will signal resumption of the downtrend from 0.9401, then next target would be at 0.8400 area. On the other side, as long as 0.8642 support holds,...

GBPUSD Daily Analysis – October 15, 2014

by ForexCycle.com | October 15, 2014 3:24 am
GBPUSD broke below 1.5951 support, indicating that the downtrend from 1.7190 (Jul 15 high) has resumed. Further decline could be expected, and next target would be at 1.5600 area. Resistance is at 1.6020, only break above this...

EURUSD Daily Analysis – October 15, 2014

by ForexCycle.com | October 15, 2014 3:23 am
EURUSD failed to break above 1.2791 resistance, and stayed in the trading range between 1.2500 and 1.2791. However, the fall from 1.2791 would possibly be correction of the uptrend from 1.2500, as long as 1.2500 support holds,...

USDCAD Daily Analysis – October 14, 2014

by ForexCycle.com | October 14, 2014 5:06 am
USDCAD continued its sideways movement in a range between 1.1071 and 1.1269. Key support is at 1.1071, as long as this level holds, the sideways move could be treated as consolidation of the uptrend from 1.0810 (Aug...

USDCHF Daily Analysis – October 14, 2014

by ForexCycle.com | October 14, 2014 5:02 am
USDCHF is facing 0.9468 support, a breakdown below this level will signal resumption of the downtrend from 0.9687, then next target would be at 0.9400 area. On the other side, as long as 0.9468 support holds, the...

USDJPY Daily Analysis – October 14, 2014

by ForexCycle.com | October 14, 2014 5:01 am
USDJPY continued its downward movement from 110.08 and the fall extended to as low as 106.75. Key resistance is at 108.20, as long as this level holds, further decline could be expected, and next target would be...

AUDUSD Daily Analysis – October 14, 2014

by ForexCycle.com | October 14, 2014 4:59 am
AUDUSD failed to break below 0.8642 support, and stayed in the trading range between 0.8642 and 0.8898. Sideways movement in the range could be expected to continue in a couple of days. Resistance is at 0.8898, as...