AUDUSD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:12 am
AUDUSD continued its downward movement from 0.9401, and the fall extended to as low as 0.8852. Resistance is located at the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend...

GBPUSD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:11 am
GBPUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.6051, the fall from 1.6524 would possibly be consolidation of the uptrend. As long as the trend line support holds, the uptrend...

EURUSD Daily Analysis – September 23, 2014

by ForexCycle.com | September 23, 2014 3:10 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

GBPJPY Bullish Divergence (Sept 22, 2014)

by Kate Curtis | September 22, 2014 5:51 am
GBPJPY has been on a steady uptrend and may be due to resume its climb, as a bullish divergence has formed on its 1-hour time frame. Stochastic made lower lows while price made higher lows, with the...

USDCAD Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:06 am
USDCAD’s fall from 1.1098 extended to as low as 1.0886. Deeper decline is still possible, and the target would be at 1.0860 area. Resistance is at 1.1025, a break of this level will indicate that the downward...

USDCHF Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:05 am
USDCHF moved sideways in a range between 0.9300 and 0.9432. As long as 0.9300 key support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8997, another rise to 0.9600...

USDJPY Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:05 am
USDJPY remains in uptrend from 101.50, the fall from 109.45 is likely consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend...

AUDUSD Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:04 am
AUDUSD’s downward movement from 0.9401 extended to as low as 0.8920. Further decline could be expected after a minor consolidation, and next target would be at 0.8700 area. Near term resistance is at the downward trend line...

GBPUSD Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:03 am
GBPUSD is now in uptrend from 1.6051, the fall from 1.6524 is likely consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart. As long as the trend line support holds, the...

EURUSD Daily Analysis – September 22, 2014

by ForexCycle.com | September 22, 2014 2:03 am
EURUSD remains in downtrend from 1.3411, and the fall extended to as low as 1.2826. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...