USDCHF Daily Analysis – July 14, 2014

by ForexCycle.com | July 14, 2014 1:54 am
USDCHF remains in uptrend from 0.8855, the fall from 0.8958 is likely consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 0.9000 area. Resistance is at 0.8958, a break...

USDJPY Daily Analysis – July 14, 2014

by ForexCycle.com | July 14, 2014 1:53 am
USDJPY broke below 101.23 support and reached as low as 101.06. Further decline to test 100.75 support is possible, a breakdown below this level will signal completion of the long term uptrend from 75.57 (Oct 31, 2011...

AUDUSD Daily Analysis – July 14, 2014

by ForexCycle.com | July 14, 2014 1:53 am
AUDUSD remains in downtrend from 0.9504, the rise from 0.9328 is likely correction of the downtrend. Another fall could be expected after correction, and next target would be at 0.9250 area. Support is at 0.9328, a breakdown...

GBPUSD Daily Analysis – July 14, 2014

by ForexCycle.com | July 14, 2014 1:52 am
GBPUSD moved sideways in a trading range between 1.7084 and 1.7179. As long as 1.7084 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.6692, one more rise to...

EURUSD Daily Analysis – July 14, 2014

by ForexCycle.com | July 14, 2014 1:52 am
EURUSD is facing 1.3575 support, a breakdown below this level will signal resumption of the downtrend from 1.3700, then next target would be at 1.3500 area. Resistance is at 1.3650, only break above this level could trigger...

USDCAD Daily Analysis – July 10, 2014

by ForexCycle.com | July 10, 2014 2:52 am
USDCAD moved sideways in a trading range between 1.0619 and 1.0696. As long as 1.0696 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.0960, another fall to 1.0500...

USDCHF Daily Analysis – July 10, 2014

by ForexCycle.com | July 10, 2014 2:52 am
USDCHF remains in uptrend from 0.8855, the fall from 0.8958 would possibly be correction of the uptrend. Key support is at 0.8855, as long as this level holds, the uptrend could be expected to resume, and next...

USDJPY Daily Analysis – July 10, 2014

by ForexCycle.com | July 10, 2014 2:51 am
USDJPY stays in a trading range between 101.23 and 102.26. Support is at 101.23, a breakdown below this level will signal resumption of the downtrend from 102.79, then next target would be at 100.90 area. Resistance is...

AUDUSD Daily Analysis – July 10, 2014

by ForexCycle.com | July 10, 2014 2:50 am
AUDUSD remains in downtrend from 0.9504, the rise from 0.9328 would possibly be correction of the downtrend. Key resistance is at 0.9504, as long as this level holds, the downtrend could be expected to resume, and another...

GBPUSD Daily Analysis – July 10, 2014

by ForexCycle.com | July 10, 2014 2:50 am
GBPUSD failed to break below the lower line of the price channel on 4-hour chart, and rebounded from 1.7084, indicating that the pair remains in uptrend from 1.6692. Further rise could be expected, and next target would...