USDJPY Daily Analysis – August 15, 2014

by ForexCycle.com | August 15, 2014 2:53 am
USDJPY’s upward movement from 101.50 extended to as high as 102.65. Further rise is still possible, and next target would be at 102.90 area. Support is at 102.20, only break below this level could trigger another fall...

AUDUSD Daily Analysis – August 15, 2014

by ForexCycle.com | August 15, 2014 2:53 am
AUDUSD remains in downtrend from 0.9470, the price action from 0.9275 could be treated as consolidation of the downtrend. Key resistance is at 0.9373, as long as this level holds, the downtrend could be expected to resume,...

GBPUSD Daily Analysis – August 15, 2014

by ForexCycle.com | August 15, 2014 2:52 am
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.7190. As long as the trend line resistance holds, further decline could be expected after a minor consolidation, and next target would...

EURUSD Daily Analysis – August 15, 2014

by ForexCycle.com | August 15, 2014 2:51 am
EURUSD moved sideways without trend in a narrow range between 1.3333 and 1.3444. The sideways move is likely consolidation of the downtrend from 1.3700. As long as 1.3444 resistance holds, the downtrend could be expected to resume,...

USDCAD Daily Analysis – August 14, 2014

by ForexCycle.com | August 14, 2014 3:11 am
USDCAD remains in uptrend from 1.0619, the fall from 1.0985 is likely consolidation of the uptrend. Key support is at 1.0875, as long as this level holds, the uptrend could be expected to resume, and another rise...

USDCHF Daily Analysis – August 14, 2014

by ForexCycle.com | August 14, 2014 3:10 am
USDCHF moved sideways in a range between 0.9032 and 0.9114. As long as 0.9032 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8855, another rise to 0.9200 area...

USDJPY Daily Analysis – August 14, 2014

by ForexCycle.com | August 14, 2014 3:10 am
USDJPY broke above 102.45 resistance, indicating that the downtrend from 103.08 had completed at 101.50 already. Further rise could be expected and next target would be at 103.00 area. Support is at 102.20, only break below this...

AUDUSD Daily Analysis – August 14, 2014

by ForexCycle.com | August 14, 2014 3:09 am
AUDUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the bounce from 0.9238 could be treated as consolidation of the downtrend from 0.9470, another fall...

GBPUSD Daily Analysis – August 14, 2014

by ForexCycle.com | August 14, 2014 3:09 am
GBPUSD failed to break above the trend line resistance and continued its downward movement from 1.7190, and the fall extended to as low as 1.6669. As long as the trend line resistance holds, further decline could be...

EURUSD Daily Analysis – August 14, 2014

by ForexCycle.com | August 14, 2014 3:08 am
EURUSD continued its sideways movement in a range between 1.3333 and 1.3444. As long as 1.3444 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3700, another fall towards...