USDJPY Daily Analysis – September 4, 2014

by ForexCycle.com | September 4, 2014 3:29 am
USDJPY remains in uptrend from 101.50, the fall from 105.30 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 4, 2014

by ForexCycle.com | September 4, 2014 3:28 am
AUDUSD is facing 0.9373 resistance, a break of this level will signal resumption of the uptrend from 0.9237, then next target would be at 0.9450 area. Support is at 0.9315, only break below this level could trigger...

GBPUSD Daily Analysis – September 4, 2014

by ForexCycle.com | September 4, 2014 3:27 am
GBPUSD’s downward movement from 1.6643 extended to as low as 1.6440. Further decline is still possible after a minor consolidation, and next target would be at 1.6200 area. Resistance is at 1.6510, only break above this level...

EURUSD Daily Analysis – September 4, 2014

by ForexCycle.com | September 4, 2014 3:27 am
EURUSD remains in downtrend from 1.3411, the rise from 1.3110 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...

USDCAD Daily Analysis – September 3, 2014

by ForexCycle.com | September 3, 2014 2:08 am
USDCAD continued its upward movement from 1.0810, and the rise extended to as high as 1.0935. Further rise could be expected after a minor consolidation, and next target would be at 1.0975 area. Support is at 1.0900,...

USDCHF Daily Analysis – September 3, 2014

by ForexCycle.com | September 3, 2014 2:07 am
USDCHF remains in uptrend from 0.8997, further rise could be expected after a minor consolidation, and next target would be at 0.9400 area. Support is located at the upward trend line on 4-hour chart, only a clear...

USDJPY Daily Analysis – September 3, 2014

by ForexCycle.com | September 3, 2014 2:07 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 3, 2014

by ForexCycle.com | September 3, 2014 2:06 am
AUDUSD’s downward movement from 0.9373 extended to as low as 0.9263. Further decline to test 0.9237 support is possible, a breakdown below this level will indicate that the uptrend from 0.8660 (Jan 24 low) had completed at...

GBPUSD Daily Analysis – September 3, 2014

by ForexCycle.com | September 3, 2014 2:04 am
After consolidation, GBPUSD broke below 1.6536 support and continued its downward movement from 1.7190, and the fall extended to as low as 1.6463. Further decline could be expected over the next several days, and next target would...

EURUSD Daily Analysis – September 3, 2014

by ForexCycle.com | September 3, 2014 2:03 am
EURUSD remains in downtrend from 1.3411, further decline would likely be seen after a minor consolidation, and next target would be at 1.3000 area. Near term resistance is located at the upper line of the price channel...