USDCHF Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:40 am
USDCHF continues its downward movement from 0.9081 and the fall extends to as low as 0.8900. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

USDJPY Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:39 am
USDJPY failed to break above the upper line of the price channel on 4-hour chart. Now the fall from 102.70 would possibly be resumption of the downtrend from 105.44. Deeper decline to test 100.75 support would likely...

AUDUSD Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:38 am
AUDUSD breaks above 0.9067 resistance, suggesting that the uptrend from 0.8660 has resumed. Further rise could be expected and next target would be at 0.9200 area. Initial support is at the bottom of the price channel on...

GBPUSD Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:38 am
GBPUSD broke above 1.6668 resistance and the upward movement from 1.6252 extends to as high as 1.6822. Support is now at 1.6670, as long as this level holds, the uptrend could be expected to continue, and next...

EURUSD Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:37 am
EURUSD stays above the upward trend line on 4-hour chart, and 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...

USDCAD Weekly Analysis – February 16, 2014

by ForexCycle.com | February 16, 2014 7:53 am
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0182, the fall from 1.1224 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...

USDCHF Weekly Analysis – February 16, 2014

by ForexCycle.com | February 16, 2014 7:52 am
USDCHF stays in a downward price channel on daily chart, and remains in downtrend from 0.9751. As long as the channel resistance holds, the downtrend could be expected to resume, and another fall to 0.8500 area is...

USDJPY Weekly Analysis – February 16, 2014

by ForexCycle.com | February 16, 2014 7:50 am
USDJPY stays in a downward price channel on daily chart, and remains in downtrend from 105.44. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 98.00...

AUDUSD Weekly Analysis – February 16, 2014

by ForexCycle.com | February 16, 2014 7:50 am
AUDUSD is facing 0.9085 key resistance, a break above this level will indicate that the downtrend from 0.9756 had completed at 0.8660 already, then further rise to 0.9600 area could be seen to follow. On the downside,...

GBPUSD Weekly Analysis – February 16, 2014

by ForexCycle.com | February 16, 2014 7:49 am
GBPUSD broke above 1.6668 resistance, and reached as high as 1.6755, indicating the the uptrend from 1.4813 has resumed. Further rise could be expected in a couple of weeks, and next target would be at 1.7000 area....