AUDUSD Daily Analysis – July 9, 2014

by ForexCycle.com | July 9, 2014 1:50 am
AUDUSD’s bounce from 0.9328 extended to as high as 0.9415. Resistance is at 0.9430, as long as this level holds, the bounce could be treated as correction of the downtrend from 0.9504, another fall to 0.9250 area...

GBPUSD Daily Analysis – July 9, 2014

by ForexCycle.com | July 9, 2014 1:50 am
GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6692, the fall from 1.7179 could be treated as consolidation of the uptrend. Support is located at the bottom of the channel,...

EURUSD Daily Analysis – July 9, 2014

by ForexCycle.com | July 9, 2014 1:45 am
EURUSD’s bounce from 1.3575 extended to as high as 1.3622. Resistance is at 1.3650, as long as this level holds, the bounce could be treated as consolidation of the downtrend from 1.3700, another fall towards 1.3500 is...

USDCAD Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:22 am
No changed in our view, USDCAD remains in downtrend from 1.0960. Resistance is at 1.0700, as long as this level holds, the rise from 1.0619 could be treated as consolidation of the downtrend. Another fall could be...

USDCHF Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:22 am
USDCHF remains in uptrend from 0.8855, the fall from 0.8958 is likely consolidation of the uptrend. Support is at 0.8900, as long as this level holds, the uptrend could be expected to resume, and further rise to...

USDJPY Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:21 am
USDJPY broke below 101.90 support, indicating that the uptrend from 101.23 had completed at 102.26 already. However, the fall from 102.26 would possibly correction of the uptrend, as long as 101.23 support holds, the uptrend could be...

AUDUSD Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:20 am
AUDUSD remains in downtrend from 0.9504, the rise from 0.9328 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 0.9250 area. Resistance is at 0.9430, only break...

GBPUSD Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:20 am
GBPUSD remains in uptrend from 1.6692, the fall from 1.7179 is likely consolidation of the downtrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the...

EURUSD Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:19 am
EURUSD remains in downtrend from 1.3700, the rise from 1.3575 is likely consolidation of the downtrend. Resistance is at 1.3650, as long as this level holds, the downtrend could be expected to resume, and another fall towards...

USDCHF Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:28 am
USDCHF’s upward movement from 0.8855 extended to as high as 0.8954. Further rise could be expected, and next target would be at 0.9000 area. Support levels are at 0.8900 and 0.8855, only break below these levels could...