USDJPY Daily Analysis – September 25, 2014

by ForexCycle.com | September 25, 2014 2:34 am
USDJPY moved sideways in a narrow range between 108.24 and 109.45, as long as 108.24 key support holds, the price action in the range could be treated as consolidation of the uptrend from 101.50, one more rise...

AUDUSD Daily Analysis – September 25, 2014

by ForexCycle.com | September 25, 2014 2:34 am
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9401, the rise from 0.8831 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could...

GBPUSD Daily Analysis – September 25, 2014

by ForexCycle.com | September 25, 2014 2:33 am
GBPUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.6051 had completed at 1.6524 already. Deeper decline to test 1.6283 support could be seen, a breakdown below this level will target...

EURUSD Daily Analysis – September 25, 2014

by ForexCycle.com | September 25, 2014 2:33 am
EURUSD continued its downward movement from 1.3411 and the fall extended to as low as 1.27734. Further decline could be expected and next target would be at 1.2600 area. Near term resistance is at the downward trend...

USDCAD Daily Analysis – September 24, 2014

by ForexCycle.com | September 24, 2014 3:46 am
USDCAD is facing 1.1098 resistance, a break of this level will signal resumption of the uptrend from 1.0810, then next target would be at 1.1200 area. Support is at 1.0985, only break below this level could trigger...

USDCHF Daily Analysis – September 24, 2014

by ForexCycle.com | September 24, 2014 3:45 am
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8997, the fall from 0.9432 is likely consolidation of the uptrend. Near term support is located at the trend line and the...

USDJPY Daily Analysis – September 24, 2014

by ForexCycle.com | September 24, 2014 3:45 am
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, the fall from 109.45 could be treated as consolidation of the uptrend. Key support is now at 108.24, as long as...

AUDUSD Daily Analysis – September 24, 2014

by ForexCycle.com | September 24, 2014 3:44 am
AUDUSD remains in downtrend from 0.9401, and the fall extended to as low as 0.8831. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...

GBPUSD Daily Analysis – September 24, 2014

by ForexCycle.com | September 24, 2014 3:44 am
GBPUSD remains in uptrend from 1.6051, the fall from 1.6524 is likely consolidation of the uptrend. Near term support is at the upward trend line on 4-hour chart, and the key support is at 1.6283, as long...

EURUSD Daily Analysis – September 24, 2014

by ForexCycle.com | September 24, 2014 3:43 am
EURUSD failed to break above the downward trend line on 4-hour chart, indicating that the pair remains in downtrend from 1.3411. As long as the trend line resistance holds, further decline could be expected, and next target...