EURUSD Daily Analysis – July 3, 2014

by ForexCycle.com | July 3, 2014 3:18 am
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.3512, the fall from 1.3700 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...

USDCAD Daily Analysis – July 2, 2014

by ForexCycle.com | July 2, 2014 3:03 am
USDCAD remains in downtrend from 1.0960, and the fall extended to as low as 1.0628. Near term resistance is located at the falling trend line on 4-hour chart. As long as the trend line resistance holds, the...

USDCHF Daily Analysis – July 2, 2014

by ForexCycle.com | July 2, 2014 3:02 am
USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9012. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

USDJPY Daily Analysis – July 2, 2014

by ForexCycle.com | July 2, 2014 3:01 am
USDJPY’s bounce from 101.23 extended to as high as 101.64. As long as 101.85 resistance holds, the bounce could be treated as consolidation of the downtrend from 102.79, another fall to 100.90 area is still possible after...

AUDUSD Daily Analysis – July 2, 2014

by ForexCycle.com | July 2, 2014 3:01 am
AUDUSD’s upwards movement extended to as high as 0.9504. Support is now located at the rising trend line on 4-hour chart. As long as the trend line support holds, the uptrend could expected to continue, and next...

GBPUSD Daily Analysis – July 2, 2014

by ForexCycle.com | July 2, 2014 3:00 am
GBPUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.6692. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

EURUSD Daily Analysis – July 2, 2014

by ForexCycle.com | July 2, 2014 3:00 am
EURUSD’s upward movement from 1.3512 extended to as high as 1.3700. Further rise could be expected after consolidation, and next target would be at 1.3800 area. Key support is at the upward trend line on 4-hour chart,...

USDCAD Daily Analysis – July 1, 2014

by ForexCycle.com | July 1, 2014 3:43 am
USDCAD’s downward movement from 1.0960 extended to as low as 1.0646. Further decline could be expected after a minor consolidation, and next target would be at 1.0500 area. Resistance is at 1.0710, as long as this level...

USDCHF Daily Analysis – July 1, 2014

by ForexCycle.com | July 1, 2014 3:42 am
USDCHF’s downward movement from 0.9012 extended to as low as 0.8861. Further decline is still possible after a minor consolidation, and next target would be at 0.8800 area. Near term resistance is at 0.8900, and the key...

USDJPY Daily Analysis – July 1, 2014

by ForexCycle.com | July 1, 2014 3:41 am
USDJPY remains in downtrend from 102.79, the rise from 101.23 is likely consolidation of the downtrend. Resistance is at 101.85, as long as this level holds, the downtrend could be expected to continue, and next target would...