USDJPY Daily Analysis – September 11, 2014

by ForexCycle.com | September 11, 2014 3:57 am
USDJPY remains in uptrend from 101.50, and the rise extended to as high as 106.88. Further rise could be expected after a minor consolidation, and next target would be at 108.00 area. Near term support is at...

AUDUSD Daily Analysis – September 11, 2014

by ForexCycle.com | September 11, 2014 3:56 am
AUDUSD remains in downtrend from 0.9401, the rise from 0.9112 is likely consolidation of the downtrend. Resistance is at 1.9250, as long as this level holds, the downtrend could be expected to resume, and another fall towards...

GBPUSD Daily Analysis – September 11, 2014

by ForexCycle.com | September 11, 2014 3:55 am
GBPUSD remains in downtrend from 1.7190 (Jul 15 high), the rise from 1.6051 is likely consolidation of the downtrend. Near term resistance is at 1.6235, and the key resistance is at located at he falling trend line...

EURUSD Daily Analysis – September 11, 2014

by ForexCycle.com | September 11, 2014 3:54 am
EURUSD is forming a sideways consolidation in a range between 1.2859 and 1.2987. As long as 1.2987 resistance holds, the downtrend from 1.3411 could be expected to resume, and another fall towards 1.2500 is still possible. Key...

USDCAD Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:34 am
USDCAD broke above 1.0997 resistance, indicating that the uptrend from 1.0619 (Jul 3 low) has resumed. Further rise could be expected and next target would be at 1.1200 area. Support is at 1.0940, only break below this...

USDCHF Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:34 am
USDCHF remains in uptrend from 0.8997, the fall 0.9379 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 0.9500 area. Near term support is at 0.9280, and...

USDJPY Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:33 am
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

AUDUSD Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:33 am
AUDUSD broke below 0.9237 support, indicating that the downtrend from 0.9470 (Jul 24 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 0.9000 area. Resistance is at 0.9250,...

GBPUSD Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:32 am
GBPUSD’s downward movement from 1.6643 extended to as low as 1.6059. Further decline could be expected after a minor consolidation, and next target would be at 1.5700 area. Resistance is at 1.6235, only break above this level...

EURUSD Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:31 am
EURUSD remains in downtrend from 1.3411, the rise from 1.2859 is likely consolidation of the downtrend. Near term resistance is at 1.2985, and the key resistance is located at the downward trend line on 4-hour chart. As...