GBPUSD Daily Analysis – June 12, 2014

by ForexCycle.com | June 12, 2014 3:57 am
GBPUSD remains in uptrend from 1.6692, the fall from 1.6844 could be treated as consolidation of the uptrend. Resistance is at 1.6844, a break above this level will signal resumption of the uptrend, then next target would...

EURUSD Daily Analysis – June 12, 2014

by ForexCycle.com | June 12, 2014 3:57 am
EURUSD stays in a trading range between 1.3502 and 1.3676. Support is at 1.3502, a breakdown below this level will indicate that the downtrend from 1.3993 has resumed, then the following downward move could bring price to...

USDCAD Daily Analysis – June 11, 2014

by ForexCycle.com | June 11, 2014 4:59 am
USDCAD’s downward movement from 1.0960 extended to as low as 1.0887. Further decline would likely be seen, and next target would be at 1.0840 area. Resistance is at 1.0960, only break above this level could trigger another...

USDCHF Daily Analysis – June 11, 2014

by ForexCycle.com | June 11, 2014 4:58 am
USDCHF is facing 0.9036 resistance, a break above this level will signal resumption of the uptrend from 0.8702, then next target would be at 0.9200 area. However, as long as 0.9036 resistance holds, the rise from 0.8907...

USDJPY Daily Analysis – June 11, 2014

by ForexCycle.com | June 11, 2014 4:57 am
USDJPY moved sideways in a trading range between 102.11 and 102.79. Key support is at 102.11, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...

AUDUSD Daily Analysis – June 11, 2014

by ForexCycle.com | June 11, 2014 4:56 am
AUDUSD’s upward movement from 0.9208 extended to as high as 0.9389. Further rise could be expected, and next target would be at 0.9450 area. Support is at 0.9300, only break below this level could signal completion of...

GBPUSD Daily Analysis – June 11, 2014

by ForexCycle.com | June 11, 2014 4:55 am
GBPUSD is facing 1.6735 support, a breakdown below this level will signal completion of the uptrend from 1.6692, then the following downward movement could bring price to 1.6600 area. On the upside, as long as 1.6735 support...

EURUSD Daily Analysis – June 11, 2014

by ForexCycle.com | June 11, 2014 4:55 am
EURUSD is facing 1.3502 support, a breakdown below this level will signal resumption of the downtrend from 1.3993, then next target would be at 1.3350 area. However, as long as 1.3502 support holds, the fall from 1.3676...

USDCAD Daily Analysis – June 10, 2014

by ForexCycle.com | June 10, 2014 3:30 am
USDCAD broke below 1.0900 support, indicating that the uptrend from 1.0822 had completed at 1.0960 already. Deeper decline would likely be seen, and next target would be at 1.0840 area. Resistance is at 1.0960, only break above...

USDCHF Daily Analysis – June 10, 2014

by ForexCycle.com | June 10, 2014 3:30 am
USDCHF remains in downtrend from 0.9036, the rise from 0.8907 could be treated as consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 0.8800 area. Resistance is at 0.9036,...