USDCAD Daily Analysis – September 5, 2014

by ForexCycle.com | September 5, 2014 2:31 am
No changed in our view, USDCAD remains in uptrend from 1.0810, the fall from 1.0942 would possibly be correction of the uptrend. Key support is at 1.0810, as long as this level holds, the uptrend could be...

USDCHF Daily Analysis – September 5, 2014

by ForexCycle.com | September 5, 2014 2:31 am
USDCHF’s upward movement from 0.8997 extended to as high as 0.9335. Further rise could be expected after a minor consolidation, and next target would be at 0.9500 area. Support is at 0.9260, as long as this level...

USDJPY Daily Analysis – September 5, 2014

by ForexCycle.com | September 5, 2014 2:30 am
USDJPY’s upward movement from 101.50 extended to as high as 105.70. Further rise is still possible and next target would be at 107.00 area. Support is located at the upward trend line on 4-hour chart, only a...

AUDUSD Daily Analysis – September 5, 2014

by ForexCycle.com | September 5, 2014 2:30 am
AUDUSD broke above 0.9373 resistance, indicating that the uptrend from 0.9237 has resumed. Further rise could be expected, and next target would be at 0.9450 area. Support is at 0.9315, only break below this level could trigger...

GBPUSD Daily Analysis – September 5, 2014

by ForexCycle.com | September 5, 2014 2:29 am
GBPUSD continued its downward movement from 1.6643, and the fall extended to as low as 1.6286. Further decline could be expected after a minor consolidation, and next target would be at 1.6000 area. Resistance is at 1.6380,...

EURUSD Daily Analysis – September 5, 2014

by ForexCycle.com | September 5, 2014 2:29 am
EURUSD’s downward movement from 1.3411 extended to as low as 1.2920. Further decline could be expected after a minor consolidation, and next target would be at 1.2800 area. Resistance is at 1.3050, as long as this level...

AUD/CAD Short-Term Range (Sept 4, 2014)

by Kate Curtis | September 4, 2014 6:49 am
AUD/CAD has been trading inside a range on its 1-hour time frame, finding support at the 1.0115 area and resistance at the 1.0215 level. Price has recently come off a test of the range support and appears...

USD/JPY Forecast September 4, 2014, Technical Analysis

by FX Empire | September 4, 2014 5:21 am
The USD/JPY pair fell during the course of the day on Wednesday, falling behind the 105 level again. With that being the case, the market looks like it’s ready to pull back a little bit and look...

USD/CAD Forecast September 4, 2014, Technical Analysis

by FX Empire | September 4, 2014 5:19 am
The USD/CAD pair fell during the session on Wednesday, but remains within the consolidation area that we have been stuck in for some time now. The candle is very negative looking – but at this point it...

GBP/USD Forecast September 4, 2014, Technical Analysis

by FX Empire | September 4, 2014 5:19 am
The GBP/USD pair fell during the session after initially going back and forth on Wednesday, as the market looks ready to continue going much lower. With that, we are very negative and recognize that the GBP/USD pair...