EUR/USD Forecast February 13, 2014, Technical Analysis

by FX Empire | February 18, 2014 5:20 am
The EUR/USD pair fell during the session on Wednesday, breaking the bottom of the shooting star that had formed on Tuesday. That being the case, we dipped below the 1.36 level, but bounced a little bit off...

AUD/USD Forecast February 18, 2014, Technical Analysis

by FX Empire | February 18, 2014 5:19 am
The AUD/USD pair fell during the session on Monday, filling the gap after initially gapping higher. That being said, we are still above the 0.90 level which of course could offer significant support, but we are below...

USDCAD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:28 am
USDCAD remains in downtrend from 1.1224. As long as 1.1030 resistance holds, the downtrend could be expected to continue, and next target would be at 1.0800 area. Only break above 1.1030 resistance could signal completion of the...

USDCHF Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:28 am
USDCHF remains in downtrend from 0.9081, and the fall extended to as low as 0.8900. Resistance is now at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the...

USDJPY Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:27 am
USDJPY stays in a downward price channel on 4-hour chart, and remains in downtrend from 105.44, the rise from 100.75 could be treated as consolidation of the downtrend. As long as the channel resistance holds, the downtrend...

AUDUSD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:26 am
AUDUSD remains in uptrend from 0.8660, and the rise extended to as high as 0.9080. The uptrend could be expected to continue, and next target would be at 0.9200 area. Initial support is at the lower line...

GBPUSD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:25 am
GBPUSD remains in uptrend from 1.6252, the fall from 1.6822 is likely consolidation of the uptrend. Support is at 1.6670, as long as this level holds, the uptrend could be expected to resume, and another rise towards...

EURUSD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:25 am
EURUSD remains in uptrend from 1.3477. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.3800 area. On the downside, a clear break below the...

AUD/JPY Long-Term Range (February 17, 2014)

by Kate Curtis | February 17, 2014 10:11 am
AUD/JPY is on its way to the top of its long-term range, which can be clearly seen on the daily time frame. Stochastic is already indicating overbought conditions, which suggests that bears could push the pair back...

USDCAD Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:41 am
USDCAD remains in downtrend from 1.1224, and the fall extended to as low as 1.0940. Deeper decline would likely be seen, and next target would be at 1.0800 area. Resistance is at 1.1030, only break above this...