USDCAD Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:06 am
USDCAD remains in uptrend from 1.0822, the fall from 1.0960 could be treated as consolidation of the uptrend. Support is at 1.0900, as long as this level holds, the uptrend could be expected to continue, and next...

USDCHF Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:06 am
USDCHF broke below 0.8932 support, indicating that the uptrend from 0.8702 had completed at 0.9036 already. The pair is now in downtrend, further decline could be expected, and next target would be at 0.8800 area. Resistance levels...

USDJPY Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:05 am
USDJPY remains in uptrend from 100.83, the fall from 102.79 could be treated as consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds,...

AUDUSD Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:02 am
AUDUSD broke above 0.9329 resistance, indicating that the pair is now in uptrend from 0.9208. Further rise could be expected, and next target would be at 0.9420 area. Support is at 0.9265, as long as this level...

GBPUSD Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:02 am
GBPUSD broke above 1.6782 resistance, indicating that the downtrend from 1.6920 had completed at 1.6692 already. Further rise could be expected over the next several days, and next target would be at 1.6900 – 1.6950 area. Support...

EURUSD Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:00 am
EURUSD broke above 1.3668 resistance, indicating that the downtrend from 1.3993 had completed at 1.3502 already. The pair is is now in uptrend, further rise could be expected and next target would be at 1.3750 area. Support...

USDCAD Daily Analysis – June 5, 2014

by ForexCycle.com | June 5, 2014 2:18 am
USDCAD continued its upward movement from 1.0822, and the rise extended to as high as 1.0955. Further rise could be expected after a minor consolidation, and next target would be at 1.0980 area. Support is at 1.0900,...

USDCHF Daily Analysis – June 5, 2014

by ForexCycle.com | June 5, 2014 2:17 am
USDCHF remains in uptrend from 0.8702, the fall from 0.8995 is likely consolidation of the uptrend. Support is at 0.8932, as long as this level holds, the uptrend could be expected to continue, and next target would...

USDJPY Daily Analysis – June 5, 2014

by ForexCycle.com | June 5, 2014 2:17 am
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 100.83, and the rise extended to as high as 102.79. Further rise could be expected and next target would be at 103.50...

AUDUSD Daily Analysis – June 5, 2014

by ForexCycle.com | June 5, 2014 2:16 am
AUDUSD continued its sideways movement in a range between 0.9208 and 0.9329. Support is at 0.9202, a breakdown below this level will signal resumption of the downtrend from 0.9461 (Apr 10 high), then the following downward movement...