USDJPY Daily Analysis – September 18, 2014

by ForexCycle.com | September 18, 2014 3:14 am
After consolidation, USDJPY continued its upward movement from 101.50, and the rise extended to as high as 108.67. Further rise could be expected after a minor consolidation, and next target would be at 110.00 area. Near term...

AUDUSD Daily Analysis – September 18, 2014

by ForexCycle.com | September 18, 2014 3:13 am
AUDUSD continued its downward movement from 0.9401 and the fall extended to as low as 0.8938. Further decline could be expected and next target would be at 0.8700 area. Near term resistance is at the downward trend...

GBPUSD Daily Analysis – September 18, 2014

by ForexCycle.com | September 18, 2014 3:12 am
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the rise from 1.6051 could be treated as consolidation of the downtrend from 1.7190 (Jul 15...

EURUSD Daily Analysis – September 18, 2014

by ForexCycle.com | September 18, 2014 3:12 am
After consolidation, EURUSD broke below 1.2859 support and continued its downward movement from 1.3411, and the fall extended to as low as 1.2834. Further decline could be expected, and next target would be at 1.2600 area. Resistance...

USDCAD Daily Analysis – September 17, 2014

by ForexCycle.com | September 17, 2014 2:59 am
USDCAD remains in uptrend from 1.0810, the fall from 1.1098 is likely consolidation of the uptrend. Key support is at 1.0933, as long as this level holds, the uptrend could be expected to resume, and another rise...

USDCHF Daily Analysis – September 17, 2014

by ForexCycle.com | September 17, 2014 2:59 am
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8997, the fall from 0.9395 is likely consolidation of the uptrend. Support is located at the trend line, as long as the...

USDJPY Daily Analysis – September 17, 2014

by ForexCycle.com | September 17, 2014 2:58 am
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, the fall from 107.39 is likely consolidation of the uptrend. Near term support is at 106.50, as long as this level...

AUDUSD Daily Analysis – September 17, 2014

by ForexCycle.com | September 17, 2014 2:57 am
AUDUSD broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 0.9401 had completed at 0.8983 already. Range trading between 0.8983 and 0.9150 would likely be seen in a couple...

GBPUSD Daily Analysis – September 17, 2014

by ForexCycle.com | September 17, 2014 2:57 am
GBPUSD’s bounce from 1.6051 extended to as high as 1.6309, however, the bounce is likely consolidation of the downtrend from 1.7190 (Jul 15 high), as long as the trend line resistance holds, the downtrend could be expected...

EURUSD Daily Analysis – September 17, 2014

by ForexCycle.com | September 17, 2014 2:56 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 rise from 1.2859 could be treated as consolidation of the downtrend, and...