GBPUSD Daily Analysis – October 14, 2014

by ForexCycle.com | October 14, 2014 4:52 am
GBPUSD remains in uptrend from 1.5951, the fall from 1.6226 is likely correction of the uptrend. As long as 1.5951 key support holds, the uptrend could be expected to resume, and one more rise to 1.6400 area...

EURUSD Daily Analysis – October 14, 2014

by ForexCycle.com | October 14, 2014 4:13 am
EURUSD is facing 1.2791 resistance, a break of this level will signal resumption of the uptrend from 1.2500, then next target would be at 1.2850 area. On the other side, as long as 1.2791 resistance holds, lengthier...

EURJPY Descending Triangle Breakdown (Oct 13, 2014)

by Kate Curtis | October 13, 2014 5:20 am
EURJPY looks poised for more losses, as the pair recently broke below the descending triangle support on its daily time frame. Stochastic is already in the oversold zone, indicating that a bounce might take place in case...

USDCAD Daily Analysis – October 13, 2014

by ForexCycle.com | October 13, 2014 2:29 am
USDCAD stays in a trading range between 1.1071 and 1.1269. As long as 1.1071 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0810 (Aug 29 low), another rise...

USDCHF Daily Analysis – October 13, 2014

by ForexCycle.com | October 13, 2014 2:28 am
USDCHF’s downward movement from 0.9687 extended to as low as 0.9468. Further decline would likely be seen, and next target would be at 0.9400 area. Key resistance is at 0.9687, only break above this level will indicate...

USDJPY Daily Analysis – October 13, 2014

by ForexCycle.com | October 13, 2014 2:28 am
USDJPY’s downward movement from 110.08 extended to as low as 107.07. Further decline is still possible, and next target would be at 106.50 area. Resistance is at 108.20, only break above this level will indicate that the...

AUDUSD Daily Analysis – October 13, 2014

by ForexCycle.com | October 13, 2014 2:27 am
AUDUSD is facing 0.8642 support, a breakdown below this level will signal resumption of the downtrend from 0.9401, then next target would be at 0.8400 area. However, as long as 0.8642 support holds, sideways movement could be...

GBPUSD Daily Analysis – October 13, 2014

by ForexCycle.com | October 13, 2014 2:27 am
GBPUSD is now in uptrend from 1.5951, the fall from 1.6226 could be treated as consolidation of the uptrend. Further rise would likely be seen, and next target would be at 1.6350 area. Key support is at...

EURUSD Daily Analysis – October 13, 2014

by ForexCycle.com | October 13, 2014 2:26 am
EURUSD is now in uptrend from 1.2500, the fall from 1.2791 is likely correction of the uptrend. Key support is at 1.2500, as long as this level holds, the uptrend could be expected to resume, and one...

USDCAD Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:14 am
No changed in our view, USDCAD remains in uptrend from 1.0619, the fall from 1.1269 could be treated as consolidation of the uptrend. Near term support is at 1.1065, as long as this level holds, the uptrend...