EURUSD Daily Analysis – July 28, 2014

by ForexCycle.com | July 28, 2014 2:32 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3650, and the fall extended to as low as 1.3421. As long as the trend line resistance holds, the downtrend could be...

USDCAD Daily Analysis – July 25, 2014

by ForexCycle.com | July 25, 2014 3:03 am
USDCAD remains in uptrend from 1.0619, the fall from 1.0794 is likely consolidation of the uptrend. As long as 1.0707 support holds, the uptrend could be expected to resume, and another rise to 1.0850 area is still...

USDCHF Daily Analysis – July 25, 2014

by ForexCycle.com | July 25, 2014 3:02 am
USDCHF’s upward movement from 0.8897 extended to as high as 0.9037. Further rise could be expected, and next target would be at 0.9100 area. Support is at 0.9000, only break below this level will indicate that consolidation...

USDJPY Daily Analysis – July 25, 2014

by ForexCycle.com | July 25, 2014 3:02 am
USDJPY broke above 101.78 resistance, indicating that the downtrend from 102.79 (Jun 4 high) had completed at 101.06 already. Further rally could be expected, and next target would be at 102.50 area. Support is at 101.40, only...

AUDUSD Daily Analysis – July 25, 2014

by ForexCycle.com | July 25, 2014 3:01 am
AUDUSD remains in uptrend from 0.9328, the fall from 0.9470 would possibly be 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...

GBPUSD Daily Analysis – July 25, 2014

by ForexCycle.com | July 25, 2014 3:01 am
GBPUSD’s downward movement from 1.7190 extended to as low as 1.6965. Resistance is now located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to...

EURUSD Daily Analysis – July 25, 2014

by ForexCycle.com | July 25, 2014 3:00 am
EURUSD remains in downtrend from 1.3650, the rise from 1.3437 is likely consolidation of the downtrend. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...

USDCAD Daily Analysis – July 24, 2014

by ForexCycle.com | July 24, 2014 3:43 am
USDCAD moved sideways in a trading range between 1.0707 and 1.0794. As long as 1.0707 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0619, another rise to 1.0850...

USDCHF Daily Analysis – July 24, 2014

by ForexCycle.com | July 24, 2014 3:42 am
USDCHF remains in uptrend from 0.8897. Further rise could be expected after a minor consolidation, and next target would be at 0.9100 area. Key support is at 0.8968, only break below this level could signal completion of...

USDJPY Daily Analysis – July 24, 2014

by ForexCycle.com | July 24, 2014 3:42 am
USDJPY stays in a trading range between 101.06 and 101.78. As long as 101.78 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 102.79 (Jun 4 high), another fall...