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...

USDCAD Daily Analysis – April 10, 2014

by ForexCycle.com | April 10, 2014 3:28 am
USDCAD’s downward movement extended to as low as 1.0857. Resistance is now at 1.0955, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0750 area. Only break...

USDCHF Daily Analysis – April 10, 2014

by ForexCycle.com | April 10, 2014 3:27 am
USDCHF’s downward movement from 0.8952 extended to as low as 0.8782. Further decline could be expected and next target would be at 0.8700 area. Resistance is at 0.8825, only break above this level will indicate that correction...

USDJPY Daily Analysis – April 10, 2014

by ForexCycle.com | April 10, 2014 3:27 am
USDJPY remains in downtrend from 104.12, the rise from 101.55 is likely consolidation of the downtrend. Resistance levels are at 102.15 and 102.55, as long as these levels hold, the downtrend could be expected to resume, and...

AUDUSD Daily Analysis – April 10, 2014

by ForexCycle.com | April 10, 2014 3:26 am
AUDUSD remains in uptrend from 0.9205, and the rise extended to as high as 0.9439. Further rise could be expected and next target would be at 0.9500 area. Support is at 0.9370, only break below this level...

GBPUSD Daily Analysis – April 10, 2014

by ForexCycle.com | April 10, 2014 3:25 am
GBPUSD continued its upward movement from 1.6553 and the rise extended to as high as 1.6820. Support is at 1.6725, as long as this level holds, the uptrend could be expected to continue, and next target would...

EURUSD Daily Analysis – April 10, 2014

by ForexCycle.com | April 10, 2014 3:22 am
EURUSD’s upward movement from 1.3672 extended to as high as 1.3870. Support is at 1.3815, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3950 area. On...