GBPUSD Daily Analysis – September 15, 2014

by ForexCycle.com | September 15, 2014 3:24 am
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.7190 (Jul 15 high), the rise from 1.6051 is likely consolidation of the downtrend. Key resistance is located at the trend line,...

EURUSD Daily Analysis – September 15, 2014

by ForexCycle.com | September 15, 2014 3:24 am
EURUSD remains in downtrend from 1.3411, the rise from 1.2859 is likely consolidation of the downtrend. Near term resistance is at 1.2987, as long as this level holds, the downtrend could be expected to resume, and another...

USDCAD Daily Analysis – September 12, 2014

by ForexCycle.com | September 12, 2014 3:02 am
USDCAD’s upward movement from 1.0810 extended to as high as 1.1058. Further rise is still possible, and next target would be at 1.1200 area. Support is located at the lower line of the price channel on 4-hour...

USDCHF Daily Analysis – September 12, 2014

by ForexCycle.com | September 12, 2014 3:01 am
USDCHF remains in uptrend from 0.8997, the fall from 0.9395 is likely consolidation of the uptrend. Near term support is at 0.9314, as long as this level holds, the uptrend could be expected to resume, and another...

USDJPY Daily Analysis – September 12, 2014

by ForexCycle.com | September 12, 2014 3:01 am
USDJPY’s upward movement from 101.50 extended to as high as 107.29. Further rise could be expected, and next target would be at 108.00 area. Near term support is at 106.60, and the key support is located at...

AUDUSD Daily Analysis – September 12, 2014

by ForexCycle.com | September 12, 2014 3:00 am
AUDUSD’s downward movement from 0.9401 extended to as low as 0.9059. Further decline could be expected after a minor consolidation, and next target would be at 0.8900 area. Resistance is at 0.9155, as long as this level...

GBPUSD Daily Analysis – September 12, 2014

by ForexCycle.com | September 12, 2014 2:59 am
GBPUSD’s bounce from 1.6051 extended to as high as 1.6276, 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 12, 2014

by ForexCycle.com | September 12, 2014 2:59 am
EURUSD continued its sideways movement in a range between 1.2859 and 1.2987. As long as 1.2987 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.3411, another fall towards 1.2500 could be...

USDCAD Daily Analysis – September 11, 2014

by ForexCycle.com | September 11, 2014 3:58 am
USDCAD remains in uptrend from 1.0810, the fall from 1.1031 is likely consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long as the trend line support...

USDCHF Daily Analysis – September 11, 2014

by ForexCycle.com | September 11, 2014 3:57 am
USDCHF remains in uptrend from 0.8997, and the rise extended to as high as 0.9395. Near term support is at 0.9314, as long as this level holds, the uptrend could be expected to continue, and next target...