USDJPY Daily Analysis – June 25, 2014

by ForexCycle.com | June 25, 2014 3:30 am
USDJPY moved sideways in a range between 101.60 and 102.35. The sideways movement is likely consolidation of the downtrend from 102.79, one more fall to 101.00 area is still possible after consolidation. Resistance is at 102.35, only...

AUDUSD Daily Analysis – June 25, 2014

by ForexCycle.com | June 25, 2014 3:30 am
Being contained by 0.9461 (Apr 10 high) resistance, AUDUSD pulled back from 0.9444, indicating that lengthier consolidation for the uptrend from 0.9208 is needed. Range trading between 0.9321 and 0.9444 would likely be seen in a couple...

GBPUSD Daily Analysis – June 25, 2014

by ForexCycle.com | June 25, 2014 3:29 am
GBPUSD broke below the lower line of the price channel on 4-hour chart, indicating that lengthier consolidation of the uptrend from 1.6692 is underway. Range trading between 1.6921 and 1.7062 would likely be seen in a couple...

EURUSD Daily Analysis – June 25, 2014

by ForexCycle.com | June 25, 2014 3:28 am
EURUSD moved sideways in a narrow range between 1.3564 and 1.3643. Support is at 1.3564, as long as this level holds, the price action in the range could be treated as consolidation of the short term uptrend...

USDCAD Daily Analysis – June 24, 2014

by ForexCycle.com | June 24, 2014 3:38 am
USDCAD continued its downward movement from 1.0960 and the fall extended to as low as 1.0716. Resistance is at 1.0780, as long as this level holds, further decline could be expected, and next target would be at...

USDCHF Daily Analysis – June 24, 2014

by ForexCycle.com | June 24, 2014 3:37 am
USDCHF stays in a trading range between 0.8907 and 0.9036. Another rise to test 0.9036 resistance would likely be seen, a break above this level will indicate that the longer term uptrend from 0.8703 (May 8 low)...

USDJPY Daily Analysis – June 24, 2014

by ForexCycle.com | June 24, 2014 3:37 am
USDJPY continued its sideways movement in a range between 101.60 and 102.35. As long as 102.35 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 102.79, one more fall to 101.00 area...

AUDUSD Daily Analysis – June 24, 2014

by ForexCycle.com | June 24, 2014 3:36 am
AUDUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 0.9208. Support is located at the trend line, as long as the trend line support holds, the uptrend could be expected to...

GBPUSD Daily Analysis – June 24, 2014

by ForexCycle.com | June 24, 2014 3:35 am
GBPUSD remains in uptrend from 1.6692, the fall from 1.7062 could be treated as consolidation of the uptrend. Support is at the lower line of the price channel on 4-hour chart, as long as the channel support...

EURUSD Daily Analysis – June 24, 2014

by ForexCycle.com | June 24, 2014 3:35 am
EURUSD remains in short term uptrend from 1.3512. Another rise to test 1.3676 resistance would likely be seen, a break above this level will signal completion of the longer term downtrend from 1.3993 (May 8 high), then...