USDCAD Daily Analysis – May 15, 2014

by ForexCycle.com | May 15, 2014 2:08 am
USDCAD remains in uptrend from 1.0813, the fall from 1.0926 is likely consolidation of the uptrend. Another rise could be expected after consolidation, and the target would be at the upper line of the price channel on...

USDCHF Daily Analysis – May 15, 2014

by ForexCycle.com | May 15, 2014 2:04 am
USDCHF remains in uptrend from 0.8702. Further rise is still possible after a minor consolidation, and next target would be at 0.8950 area. Support is at 0.8860, only break below this level will indicate that the uptrend...

USDJPY Daily Analysis – May 15, 2014

by ForexCycle.com | May 15, 2014 2:04 am
USDJPY moved sideways in a range between 101.32 and 103.02. A breakdown below 101.32 support will indicate that the downtrend from 104.12 has resumed, then the following downward movement could bring price to 96.00 area. However, as...

AUDUSD Daily Analysis – May 15, 2014

by ForexCycle.com | May 15, 2014 2:03 am
AUDUSD’s upward movement from 0.9202 extended to as high as 0.9408. Key support is at 0.9318, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9500 area....

GBPUSD Daily Analysis – May 15, 2014

by ForexCycle.com | May 15, 2014 2:02 am
GBPUSD’s downward movement from 1.6996 extended to as low as 1.6753. Resistance is located at the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue,...

EURUSD Daily Analysis – May 15, 2014

by ForexCycle.com | May 15, 2014 2:01 am
EURUSD remains in downtrend from 1.3993, the rise from 1.3689 is likely consolidation of the downtrend. Range trading between 1.3689 and 1.3774 is possible in a couple of days. Resistance is at 1.3774, as long as this...

USDCAD Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:18 am
USDCAD remains in uptrend from 1.0813, and the rise extended to as high as 1.0926. Further rise could be expected after a minor consolidation, and the target would be at the upper line of the price channel...

USDCHF Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:17 am
USDCHF’s upward movement from 0.8702 extended to as high as 0.8908. The uptrend could be expected to continue, and next target would be at 0.8950 area. Support is at 0.8860, only break below this level will indicate...

USDJPY Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:17 am
USDJPY remains in uptrend from 102.43, and the rise extended to as high as 102.36. Further rise could be expected after a minor consolidation, and next target would be at 102.70 area. Support levels are at 101.80...

AUDUSD Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:16 am
AUDUSD moved sideways in a trading range between 0.9318 and 0.9394. The sideways movement is likely consolidation of the uptrend from 0.9202. As long as 0.9318 support holds, the uptrend could be expected to resume, and next...