AUDUSD Daily Analysis – July 22, 2014

by ForexCycle.com | July 22, 2014 2:00 am
AUDUSD continued its sideways movement in a range between 0.9328 and 0.9455. Resistance is at 0.9455, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from...

GBPUSD Daily Analysis – July 22, 2014

by ForexCycle.com | July 22, 2014 1:59 am
GBPUSD is now in downtrend from 1.7190. Further decline would likely be seen and next target would be at 1.6850 area. Resistance levels are at 1.7120 and 1.7190, only break above these levels could trigger another rise...

EURUSD Daily Analysis – July 22, 2014

by ForexCycle.com | July 22, 2014 1:58 am
EURUSD remains in downtrend from 1.3700, the rise from 1.3490 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...

USDCAD Daily Analysis – July 21, 2014

by ForexCycle.com | July 21, 2014 2:53 am
USDCAD stays in the upward price channel on 4-hour chart, and remains in uptrend from 1.0619, the fall from 1.0794 could be treated as consolidation of the uptrend. Support is now located at the bottom of the...

USDCHF Daily Analysis – July 21, 2014

by ForexCycle.com | July 21, 2014 2:53 am
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8855. Further rise would likely be seen after a minor consolidation, and next target would be at 0.9050 area. Only a clear...

USDJPY Daily Analysis – July 21, 2014

by ForexCycle.com | July 21, 2014 2:52 am
USDJPY stays in a trading range between 101.06 and 101.78. Resistance is at 101.78, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 102.79 (Jun...

AUDUSD Daily Analysis – July 21, 2014

by ForexCycle.com | July 21, 2014 2:51 am
AUDUSD failed to break below 0.9328 support, indicating that lengthier sideways movement in a range between 1.9328 and 1.9455 is underway. Resistance is at 0.9455, as long as this level holds, another fall to test 0.9328 support...

GBPUSD Daily Analysis – July 21, 2014

by ForexCycle.com | July 21, 2014 2:51 am
GBPUSD broke below 1.7059 support, indicating that the uptrend from 1.6692 had completed at 1.7190 already. Further decline could be expected and the target would be at 1.6850 area. Resistance levels are at 1.7120 and 1.7190, only...

EURUSD Daily Analysis – July 21, 2014

by ForexCycle.com | July 21, 2014 2:50 am
EURUSD’s downward movement from 1.3700 extended to as low as 1.3490. Further decline could be expected after a minor consolidation, and next target would be at 1.3300 area. Resistance is located at the upper line of the...

USDCAD Daily Analysis – July 18, 2014

by ForexCycle.com | July 18, 2014 12:39 am
USDCAD remains in uptrend from 1.0619, the fall from 1.0794 is likely consolidation of the uptrend. Further rise is still possible and next target would be at 1.0850 area. Support is at 1.0700, only break below this...