USDCAD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:14 am
USDCAD broke above 1.1025 resistance, and reached as high as 1.1049, indicating that the downtrend from 1.1098 had completed at 1.0886 already. Further rise could be expected over the next several days, and next target would be...

USDCHF Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:13 am
USDCHF remains in uptrend from 0.8997, the fall from 0.9432 could be treated as consolidation of the uptrend. Near term support is at the upward trend line on 4-hour chart. As long as the trend line support...

USDJPY Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:12 am
USDJPY is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend from 101.50 could be expected continue, and next target would be at 1.1100 area....

AUDUSD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:12 am
AUDUSD continued its downward movement from 0.9401, and the fall extended to as low as 0.8852. Resistance is located at the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend...

GBPUSD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:11 am
GBPUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.6051, the fall from 1.6524 would possibly be consolidation of the uptrend. As long as the trend line support holds, the uptrend...

EURUSD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:10 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

USDCAD Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:06 am
USDCAD’s fall from 1.1098 extended to as low as 1.0886. Deeper decline is still possible, and the target would be at 1.0860 area. Resistance is at 1.1025, a break of this level will indicate that the downward...

USDCHF Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:05 am
USDCHF moved sideways in a range between 0.9300 and 0.9432. As long as 0.9300 key support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8997, another rise to 0.9600...

USDJPY Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:05 am
USDJPY remains in uptrend from 101.50, the fall from 109.45 is likely consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend...

AUDUSD Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:04 am
AUDUSD’s downward movement from 0.9401 extended to as low as 0.8920. Further decline could be expected after a minor consolidation, and next target would be at 0.8700 area. Near term resistance is at the downward trend line...