EURUSD Daily Analysis – August 27, 2014

by ForexCycle.com | August 27, 2014 3:23 am
EURUSD’s downward movement from 1.3411 extended to as low as 1.3152. Further decline could be expected after a minor consolidation, and next target would be at 1.3000 area. Near term resistance is located at the downward trend...

USDCAD Daily Analysis – August 26, 2014

by ForexCycle.com | August 26, 2014 3:18 am
USDCAD broke above 1.0985 resistance, indicating that the uptrend from 1.0619 (Jul 3 low) has resumed. Further rise could likely be seen, and next target would be at 1.1100 area. Support is at 1.0925, only a breakdown...

USDCHF Daily Analysis – August 26, 2014

by ForexCycle.com | August 26, 2014 3:17 am
USDCHF remains in uptrend from 0.8997, the fall from 0.9178 is likely consolidation of the uptrend. Support is at 0.9100, as long as this level holds, the uptrend could be expected to continue, and next target would...

USDJPY Daily Analysis – August 26, 2014

by ForexCycle.com | August 26, 2014 3:16 am
USDJPY remains in uptrend from 101.50, the fall from 104.26 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 105.00 area. Support is at 103.50, only break...

AUDUSD Daily Analysis – August 26, 2014

by ForexCycle.com | August 26, 2014 3:16 am
AUDUSD failed to break above 0.9343 resistance, and stayed in the trading range between 0.9237 and 0.9343. As long as 0.9343 resistance holds, the price action in the range could be treated as consolidation of the downtrend...

GBPUSD Daily Analysis – August 26, 2014

by ForexCycle.com | August 26, 2014 3:15 am
GBPUSD remains in downtrend from 1.7190, the rise from 1.6536 could be treated as consolidation of the downtrend. Resistance is located at the falling trend line on 4-hour chart, as long as the trend line resistance holds,...

EURUSD Daily Analysis – August 26, 2014

by ForexCycle.com | August 26, 2014 3:14 am
EURUSD continued its downward movement from 1.3411, and the fall extended to as low as 1.3178. Resistance is located at the falling trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...

USDCAD Daily Analysis – August 25, 2014

by ForexCycle.com | August 25, 2014 3:36 am
After touching 1.0985 resistance, USDCAD pulled back to 1.0927. Another rise to test 1.0985 resistance would likely be seen, above this level will signal resumption of the uptrend from 1.0619, then next target would be at 1.1100...

USDCHF Daily Analysis – August 25, 2014

by ForexCycle.com | August 25, 2014 3:36 am
USDCHF is in uptrend from 0.8997, and the rise extended to as high as 0.9178. Further rise could be expected after a minor consolidation, and next target would be at 0.9400 area. Support is at 0.9125, only...

USDJPY Daily Analysis – August 25, 2014

by ForexCycle.com | August 25, 2014 3:35 am
USDJPY’s upward movement from 101.50 extended to as high as 104.26. Further rise could be expected after a minor consolidation, and next target would be at 105.00 area. Support is at 103.50, only break below this level...