USDCHF Daily Analysis – July 18, 2014

by ForexCycle.com | July 18, 2014 12:39 am
USDCHF’s upward movement from 0.8855 extended to as high as 0.8989. Support is now at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue,...

USDJPY Daily Analysis – July 18, 2014

by ForexCycle.com | July 18, 2014 12:38 am
USDJPY is facing 101.06 support, a breakdown below this level will signal resumption of the downtrend from 102.79 (Jun 4 high), then deeper decline to test 100.75 key support could be seen. Resistance is now at 101.78,...

AUDUSD Daily Analysis – July 18, 2014

by ForexCycle.com | July 18, 2014 12:37 am
AUDUSD is testing 0.9328 support, a breakdown below this level will signal resumption of the downtrend from 0.9504, then next target would be at 0.9250 area. Resistance levels are at 0.9400 and 0.9455, only break above these...

GBPUSD Daily Analysis – July 18, 2014

by ForexCycle.com | July 18, 2014 12:36 am
GBPUSD moved sideways in a trading range between 1.7059 and 1.7190. As long as 1.7059 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.6692, one more rise towards...

EURUSD Daily Analysis – July 18, 2014

by ForexCycle.com | July 18, 2014 12:36 am
EURUSD is facing 1.3502 support, a breakdown below this level will indicate that the downtrend from 1.3993 (May 8 high) has resumed, then next target would be at 1.3300 area. Resistance is at 1.3580, only break above...

USDCAD Daily Analysis – July 16, 2014

by ForexCycle.com | July 16, 2014 3:35 am
USDCAD’s upward movement from 1.0619 extended to as high as 1.0769. Further rise could be expected, and next target would be at 1.0800 area. Support is at 1.0700, only break below this level could signal completion of...

USDCHF Daily Analysis – July 16, 2014

by ForexCycle.com | July 16, 2014 3:34 am
USDCHF broke above 0.8958 resistance, indicating that the uptrend from 0.8855 has resumed. Further rise could be expected, and next target would be at 0.9000 area. Support levels are at 0.8925 and 0.8897, only break below these...

USDJPY Daily Analysis – July 16, 2014

by ForexCycle.com | July 16, 2014 3:33 am
USDJPY’s upward movement from 101.06 extended to as high as 101.76. Further rise could be expected, and next target would be at 102.10 area. Support levels are at 101.30 and 101.06, only break below these levels could...

AUDUSD Daily Analysis – July 16, 2014

by ForexCycle.com | July 16, 2014 3:33 am
AUDUSD is facing 0.9328 support, a breakdown below this level will indicate that the downtrend from 0.9504 has resumed, then next target would be at 0.9250 area. Resistance is at 0.9455, only break above this level will...

GBPUSD Daily Analysis – July 16, 2014

by ForexCycle.com | July 16, 2014 3:32 am
GBPUSD broke above 1.7179 resistance, indicating that the uptrend from 1.6692 has resumed. Key support is now at 1.7059, as long as this level holds, the uptrend could be expected to continue, and next target would be...