USDCHF Daily Analysis – January 28, 2014

by ForexCycle.com | January 28, 2014 3:37 am
USDCHF remains in downtrend from 0.9156, the rise from 0.8903 is likely consolidation of the downtrend. Resistance levels are at 0.9000 and 0.9030, as long as these levels hold, the downtrend could be expected to resume, and...

USDJPY Daily Analysis – January 28, 2014

by ForexCycle.com | January 28, 2014 3:36 am
USDJPY remains in downtrend from 104.92, the rise from 101.77 is likely consolidation of the downtrend. Resistance levels are at 103.00 and 103.35, as long as these levels hold, the downtrend could be expected to resume, and...

AUDUSD Daily Analysis – January 28, 2014

by ForexCycle.com | January 28, 2014 3:34 am
AUDUSD remains in downtrend from 0.9085, the rise from 0.8660 could be treated as consolidation of the downtrend. Resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance...

GBPUSD Daily Analysis – January 28, 2014

by ForexCycle.com | January 28, 2014 3:33 am
GBPUSD remains in downtrend from 1.6668, the rise from 1.6474 is treated as consolidation of the downtrend. Another fall to the bottom of the price channel on 4-hour chart is possible. However, the downtrend from 1.6668 would...

EURUSD Daily Analysis – January 28, 2014

by ForexCycle.com | January 28, 2014 3:32 am
EURUSD remains in uptrend from 1.3507, the fall from 1.3739 is likely consolidation of the uptrend. Support levels are at 1.3650 and 1.3595, as long as these levels hold, the uptrend could be expected to resume, and...

USD/JPY Forecast January 28, 2014, Technical Analysis

by FX Empire | January 28, 2014 3:29 am
The USD/JPY pair rose during the session on Monday, using the 102 level as a springboard of support. This market continues to be positive overall, but we have suffered a relatively significant pullback recently. Quite frankly, we...

USD/CAD Forecast January 28, 2014, Technical Analysis

by FX Empire | January 28, 2014 3:29 am
The USD/CAD pair initially fell during the session on Monday, but as you can see bounced high enough to test the recent highs. Now that we are getting close to the top of the shooting star from...

GBP/USD Forecast January 28, 2014, Technical Analysis

by FX Empire | January 28, 2014 3:28 am
The GBP/USD pair rose during the session on Monday, using the 1.65 level as support. This area was previously significant resistance, so the fact that it offered support really wasn’t that big of a surprise. On top...

EUR/USD Forecast January 28, 2014, Technical Analysis

by FX Empire | January 28, 2014 3:27 am
The EUR/USD pair went back and forth on Monday, printing a neutral but slightly negative candle. The fact that this was printed right after a shooting star on Friday suggests that perhaps the market is ready to...

AUD/USD Forecast January 28, 2014, Technical Analysis

by FX Empire | January 28, 2014 3:26 am
The AUD/USD pair rose during the session on Monday, getting back some of the losses that it had suffered on Friday. However, we see plenty of resistance in noise above, especially around the 0.88 level to keep...