USDCHF Daily Analysis – July 9, 2014

by ForexCycle.com | July 9, 2014 1:51 am
USDCHF’s fall from 0.8958 extended to as low as 0.8920. Support is at 0.8900, as long as this level holds, the fall could be treated as consolidation of the uptrend from 0.8855, one more rise to test...

USDJPY Daily Analysis – July 9, 2014

by ForexCycle.com | July 9, 2014 1:51 am
USDJPY’s fall from 102.26 extended to as low as 101.44. Deeper decline to test 101.23 support is possible, as long as this level holds, the fall would possibly be correction of the uptrend from 101.23, one more...

AUDUSD Daily Analysis – July 9, 2014

by ForexCycle.com | July 9, 2014 1:50 am
AUDUSD’s bounce from 0.9328 extended to as high as 0.9415. Resistance is at 0.9430, as long as this level holds, the bounce could be treated as correction of the downtrend from 0.9504, another fall to 0.9250 area...

GBPUSD Daily Analysis – July 9, 2014

by ForexCycle.com | July 9, 2014 1:50 am
GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6692, the fall from 1.7179 could be treated as consolidation of the uptrend. Support is located at the bottom of the channel,...

EURUSD Daily Analysis – July 9, 2014

by ForexCycle.com | July 9, 2014 1:45 am
EURUSD’s bounce from 1.3575 extended to as high as 1.3622. Resistance is at 1.3650, as long as this level holds, the bounce could be treated as consolidation of the downtrend from 1.3700, another fall towards 1.3500 is...

USDCAD Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:22 am
No changed in our view, USDCAD remains in downtrend from 1.0960. Resistance is at 1.0700, as long as this level holds, the rise from 1.0619 could be treated as consolidation of the downtrend. Another fall could be...

USDCHF Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:22 am
USDCHF remains in uptrend from 0.8855, the fall from 0.8958 is likely consolidation of the uptrend. Support is at 0.8900, as long as this level holds, the uptrend could be expected to resume, and further rise to...

USDJPY Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:21 am
USDJPY broke below 101.90 support, indicating that the uptrend from 101.23 had completed at 102.26 already. However, the fall from 102.26 would possibly correction of the uptrend, as long as 101.23 support holds, the uptrend could be...

AUDUSD Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:20 am
AUDUSD remains in downtrend from 0.9504, the rise from 0.9328 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 0.9250 area. Resistance is at 0.9430, only break...

GBPUSD Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:20 am
GBPUSD remains in uptrend from 1.6692, the fall from 1.7179 is likely consolidation of the downtrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the...