USDJPY Daily Analysis – April 14, 2014

by ForexCycle.com | April 14, 2014 3:36 am
USDJPY remains in downtrend from 104.12. Further decline is still possible after a minor consolidation, and next target would be at 100.50 area. Resistance is at 102.15, only break above this level will indicate that the downtrend...

AUDUSD Daily Analysis – April 14, 2014

by ForexCycle.com | April 14, 2014 3:35 am
AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.8924, the fall from 0.9461 is likely consolidation of the uptrend. Support is located at the lower line of the channel, as...

GBPUSD Daily Analysis – April 14, 2014

by ForexCycle.com | April 14, 2014 3:35 am
GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6465, the fall from 1.6820 could be treated as consolidation of the uptrend. Deeper decline would likely be seen, and the target...

EURUSD Daily Analysis – April 14, 2014

by ForexCycle.com | April 14, 2014 3:34 am
EURUSD broke below 1.3850 support, indicating that the uptrend from 1.3672 had completed at 1.3905 already. Range trading between 1.3800 and 1.3905 would likely be seen in a couple of days. As long as 1.3800 support holds,...

USDCAD Daily Analysis – April 11, 2014

by ForexCycle.com | April 11, 2014 3:41 am
USDCAD remains in downtrend from 1.1278, the rise from 1.0857 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...

USDCHF Daily Analysis – April 11, 2014

by ForexCycle.com | April 11, 2014 3:40 am
USDCHF remains in downtrend from 0.8952, and the fall extended to as low as 0.8751. Further decline could be expected after a minor consolidation, and next target would be at 0.8700 area. Resistance is now at 0.8805,...

USDJPY Daily Analysis – April 11, 2014

by ForexCycle.com | April 11, 2014 3:39 am
USDJPY’s downward movement from 104.12 extended to as low as 101.32. Further decline would likely be seen, and next target would be at 100.50 area. Resistance is at 102.15, only break above this level could signal completion...

AUDUSD Daily Analysis – April 11, 2014

by ForexCycle.com | April 11, 2014 3:38 am
Being contained by the upper line of the price channel on 4-hour chart, AUDUSD pulled back from 0.9461, suggesting that consolidation of the uptrend from 0.8924 is underway. Deeper decline would likely be seen, and the target...

GBPUSD Daily Analysis – April 11, 2014

by ForexCycle.com | April 11, 2014 3:38 am
GBPUSD remains in uptrend from 1.6465, the fall from 1.6820 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 1.7000 area. Support is located at the lower...

EURUSD Daily Analysis – April 11, 2014

by ForexCycle.com | April 11, 2014 3:37 am
EURUSD remains in uptrend from 1.3672, and the rise extended to as high as 1.3898. Support is now at 1.3850, as long as this level holds, the uptrend could be expected to continue, and next target would...