EURUSD Daily Analysis – June 10, 2014

by ForexCycle.com | June 10, 2014 3:27 am
EURUSD remains in uptrend from 1.3502, the fall from 1.3676 is likely correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.3750 area. Support is at 1.3502, only break...

USDCAD Daily Analysis – June 9, 2014

by ForexCycle.com | June 9, 2014 2:34 am
USDCAD remains in uptrend from 1.0822, as long as 1.0900 support holds, the fall from 1.0960 could be treated as consolidation of the uptrend, and one more rise to 1.1000 area is still possible after consolidation. On...

USDCHF Daily Analysis – June 9, 2014

by ForexCycle.com | June 9, 2014 2:34 am
USDCHF is now in downtrend from 0.9036. Further decline would likely be seen after a minor consolidation, and next target would be at 0.8800 area. Resistance levels are at 0.8970 and 0.9036, only break above these levels...

USDJPY Daily Analysis – June 9, 2014

by ForexCycle.com | June 9, 2014 2:33 am
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 100.83. As long as the trend line support holds, the fall from 102.79 could be treated as consolidation of the uptrend. The...

AUDUSD Daily Analysis – June 9, 2014

by ForexCycle.com | June 9, 2014 2:32 am
AUDUSD’s upward movement from 0.9208 extended to as high as 0.9358. Further rise is still possible after a minor consolidation, and next target would be at 0.9420 area. Near term support is at 0.9270, only break below...

GBPUSD Daily Analysis – June 9, 2014

by ForexCycle.com | June 9, 2014 2:32 am
GBPUSD’s upward movement from 1.6692 extended to as high as 1.6844. Further rise would likely be seen, and next target would be at 1.6900 – 1.6950 area. Support is at 1.6735, only break below this level could...

EURUSD Daily Analysis – June 9, 2014

by ForexCycle.com | June 9, 2014 2:31 am
EURUSD is now in uptrend from 1.3502. Further rise could be expected after a minor consolidation, and next target would be at 1.3750 area. Support levels are at 1.3580 and 1.3502, only break below these levels could...

USDCAD Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:06 am
USDCAD remains in uptrend from 1.0822, the fall from 1.0960 could be treated as consolidation of the uptrend. Support is at 1.0900, as long as this level holds, the uptrend could be expected to continue, and next...

USDCHF Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:06 am
USDCHF broke below 0.8932 support, indicating that the uptrend from 0.8702 had completed at 0.9036 already. The pair is now in downtrend, further decline could be expected, and next target would be at 0.8800 area. Resistance levels...

USDJPY Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:05 am
USDJPY remains in uptrend from 100.83, the fall from 102.79 could be treated as consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds,...