GBPUSD Daily Analysis – September 29, 2014

by ForexCycle.com | September 29, 2014 3:45 am
GBPUSD’s downward movement from 1.6524 extended to as low as 1.6214. Resistance is at 1.6340, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.6100 area. Only...

EURUSD Daily Analysis – September 29, 2014

by ForexCycle.com | September 29, 2014 3:45 am
EURUSD continued its downward movement from 1.3411, and the fall extended to as low as 1.2666. Further decline would likely be seen after a minor consolidation, and next target would be at 1.2500 area. Near term resistance...

USDCAD Daily Analysis – September 26, 2014

by ForexCycle.com | September 26, 2014 3:08 am
USDCAD remains in uptrend from 1.0886, and the rise extended to as high as 1.1126. Further rise could be expected after a minor consolidation, and next target would be at 1.1200 area. Support is at 1.1050, only...

USDCHF Daily Analysis – September 26, 2014

by ForexCycle.com | September 26, 2014 3:07 am
USDCHF’s upward movement from 0.8997 extended to as high as 0.9514. Further rise could be expected after a minor consolidation, and next target would be at 0.9600 area. Support is located at the upward trend line on...

USDJPY Daily Analysis – September 26, 2014

by ForexCycle.com | September 26, 2014 3:07 am
USDJPY continued its sideways movement in a range between 108.24 and 109.45. Support is at 108.24, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 101.50, another rise...

AUDUSD Daily Analysis – September 26, 2014

by ForexCycle.com | September 26, 2014 3:06 am
AUDUSD remains in downtrend from 0.9401, and the fall extended to as low as 0.8772. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could...

GBPUSD Daily Analysis – September 26, 2014

by ForexCycle.com | September 26, 2014 3:06 am
GBPUSD is now in downtrend from 1.6524, and the fall extended to as low as 1.6276. Further decline could be expected, and the target would be at 1.6100 area. Resistance is at 1.6420, only break above this...

EURUSD Daily Analysis – September 26, 2014

by ForexCycle.com | September 26, 2014 3:05 am
EURUSD’s downward movement from 1.3411 extended to as low as 1.2696. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...

USDCAD Daily Analysis – September 25, 2014

by ForexCycle.com | September 25, 2014 2:35 am
USDCAD broke above 1.098 resistance, indicating that the uptrend from 1.0810 has resumed. Further rise could be expected over the next several days, and next target would be at 1.1200 area. Support is at 1.0985, as long...

USDCHF Daily Analysis – September 25, 2014

by ForexCycle.com | September 25, 2014 2:35 am
USDCHF continued its upward movement from 0.8997, and the rise extended to as high as 0.9462. Further rise could be expected, and next target would be at 0.9600 area. Support is located at the upward trend line...