EURUSD Daily Analysis – July 8, 2014

by ForexCycle.com | July 8, 2014 2:19 am
EURUSD remains in downtrend from 1.3700, the rise from 1.3575 is likely consolidation of the downtrend. Resistance is at 1.3650, as long as this level holds, the downtrend could be expected to resume, and another fall towards...

USDCHF Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:28 am
USDCHF’s upward movement from 0.8855 extended to as high as 0.8954. Further rise could be expected, and next target would be at 0.9000 area. Support levels are at 0.8900 and 0.8855, only break below these levels could...

USDCAD Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:27 am
USDCAD remains in downtrend from 1.0960, the rise from 1.0619 is likely consolidation of the downtrend. Resistance is at 1.0700, as long as this level holds, the downtrend could be expected to continue, and next target would...

USDJPY Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:25 am
USDJPY remains in uptrend from 101.23. Further rise could be expected, and next target would be at 102.70 area. Support is at 101.90, only break below this level will indicate that correction of the uptrend is underway,...

AUDUSD Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:24 am
AUDUSD remains in downtrend from 0.9504, and the fall extended to as low as 0.9328. Further decline could be expected and next target would be at 0.9250 area. Resistance is at 0.9420, only break above this level...

GBPUSD Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:24 am
GBPUSD’s upward movement from 1.6692 extended to as high as 1.7179. Further rise could be expected after a minor consolidation, and next target would be at 1.7300 area. Key support is located at the lower line of...

EURUSD Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:23 am
EURUSD’s downward movement from 1.3700 extended to as low as 1.3580. Further decline could be expected, and next target would be at 1.3500 area. Resistance levels are at 1.3650 and 1.3700, only break above these levels could...

USDCAD Daily Analysis – July 4, 2014

by ForexCycle.com | July 4, 2014 12:58 am
USDCAD’s downward movement from 1.0960 extended to as low as 1.0620. Resistance is at 1.0700, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0500 area. Only...

USDCHF Daily Analysis – July 4, 2014

by ForexCycle.com | July 4, 2014 12:58 am
USDCHF broke above the downward trend line on 4-hour chart, indicating that the downtrend from 0.9012 had completed at 0.8855 already. The pair is now in uptrend, further rise could be expected, and next target would be...

USDJPY Daily Analysis – July 4, 2014

by ForexCycle.com | July 4, 2014 12:57 am
USDJPY’s upward movement from 101.23 extended to as high as 102.26. Further rise is still possible, and next target would be at 102.70 area. Support is at 101.90, only break below this level will indicate that correction...