USDJPY Daily Analysis – June 2, 2014

by ForexCycle.com | June 2, 2014 3:31 am
USDJPY is facing 102.13 resistance, a break above this level will signal resumption of the uptrend from 100.83, then next target would be at 103.00 area. However, as long as 102.13 resistance holds, range trading between 101.25...

AUDUSD Daily Analysis – June 2, 2014

by ForexCycle.com | June 2, 2014 3:31 am
AUDUSD’s bounce from 0.9208 extended to as high as 0.9329, the subsequent fall indicate that the bounce had completed, another fall to test 0.9202 support would likely be seen, a breakdown below this level will signal resumption...

GBPUSD Daily Analysis – June 2, 2014

by ForexCycle.com | June 2, 2014 3:30 am
GBPUSD remains in downtrend from 1.6920, the rise from 1.6692 could be treated as consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.6600 area. Resistance is at 1.6800,...

EURUSD Daily Analysis – June 2, 2014

by ForexCycle.com | June 2, 2014 3:30 am
EURUSD remains in downtrend from 1.3993, the rise from 1.3586 is likely consolidation of the downtrend. Resistance is at 1.3668, as long as this level holds, the downtrend could be expected to continue, and next target would...

USDCAD Daily Analysis – May 30, 2014

by ForexCycle.com | May 30, 2014 3:34 am
USDCAD’s downward movement from 1.0941 extended to as low as 1.0825. Further decline is still possible, and next target would be at 1.0700 area. Resistance is now at 1.0885, only break above this level could trigger another...

USDCHF Daily Analysis – May 30, 2014

by ForexCycle.com | May 30, 2014 3:33 am
USDCHF remains in uptrend from 0.8702, the fall from 0.8989 could be treated as consolidation of the uptrend. Support is at 0.8937, as long as this level holds, the uptrend could be expected to resume, and next...

USDJPY Daily Analysis – May 30, 2014

by ForexCycle.com | May 30, 2014 3:31 am
USDJPY remains in uptrend from 100.83, the fall from 102.13 is likely consolidation of the uptrend. Range trading between 101.25 and 102.13 would likely be seen over the next several days, and another rise to 103.00 area...

AUDUSD Daily Analysis – May 30, 2014

by ForexCycle.com | May 30, 2014 3:31 am
AUDUSD broke above 0.9277 resistance, indicating that the downward movement from 0.9408 had completed at 0.9208 already. Further rise could be expected, and next target would be at 0.9360 area. Support is at 0.9245, only break below...

GBPUSD Daily Analysis – May 30, 2014

by ForexCycle.com | May 30, 2014 3:30 am
GBPUSD remains in downtrend from 1.6920. Further decline could be expected after a minor consolidation, and next target would be at 1.6600 area. Near term resistance is at 1.6675, as long as this level holds, the downtrend...

EURUSD Daily Analysis – May 30, 2014

by ForexCycle.com | May 30, 2014 3:29 am
EURUSD’s downward movement from 1.3993 extended to as low as 1.3586. Further decline is still possible, and next target would be at 1.3500 area. Resistance is at 1.3668, only break above this level could signal completion of...