USDCHF Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:34 am
USDCHF remains in uptrend from 0.8997, the fall 0.9379 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 0.9500 area. Near term support is at 0.9280, and...

USDJPY Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:33 am
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

AUDUSD Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:33 am
AUDUSD broke below 0.9237 support, indicating that the downtrend from 0.9470 (Jul 24 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 0.9000 area. Resistance is at 0.9250,...

GBPUSD Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:32 am
GBPUSD’s downward movement from 1.6643 extended to as low as 1.6059. Further decline could be expected after a minor consolidation, and next target would be at 1.5700 area. Resistance is at 1.6235, only break above this level...

EURUSD Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:31 am
EURUSD remains in downtrend from 1.3411, the rise from 1.2859 is likely consolidation of the downtrend. Near term resistance is at 1.2985, and the key resistance is located at the downward trend line on 4-hour chart. As...

AUDUSD Trend Breakdown? (Sept 9, 2014)

by Kate Curtis | September 9, 2014 6:48 am
AUDUSD has been trading inside a rising channel on its 1-hour forex time frame for the past month, but it looks like a breakdown is happening. The pair is currently hovering around the channel bottom near the...

USDCAD Daily Analysis – September 9, 2014

by ForexCycle.com | September 9, 2014 2:27 am
USDCAD is facing 1.0997 resistance, a break of this level will indicate that the uptrend from 1.0619 (Jul 3 low) has resumed, then further rise towards 1.1200 could be seen. Support is at 1.0935, only break below...

USDCHF Daily Analysis – September 9, 2014

by ForexCycle.com | September 9, 2014 2:27 am
USDCHF continued its upward movement from 0.8997, and the rise extended to as high as 0.9362. Near term support is at 0.9280, and the key support is located at the upward trend line on 4-hour chart, only...

USDJPY Daily Analysis – September 9, 2014

by ForexCycle.com | September 9, 2014 2:26 am
USDJPY’s upward movement from 101.50 extended to as high as 106.16. Further rise could be expected, and next target would be at 107.00 area. Support is located at the upward trend line on 4-hour chart, only a...