USDJPY Daily Analysis – April 7, 2014

by ForexCycle.com | April 7, 2014 1:06 am
USDJPY remains in uptrend from 101.20, the fall from 104.12 is likely consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart. As long as the channel support holds,...

AUDUSD Daily Analysis – April 7, 2014

by ForexCycle.com | April 7, 2014 1:05 am
AUDUSD broke above 0.9303 resistance, suggesting that the uptrend from 0.8924 has resumed. Further rise could be expected, and next target would be at 0.9400 area. Support is at 0.9205, only break below this level could signal...

GBPUSD Daily Analysis – April 7, 2014

by ForexCycle.com | April 7, 2014 1:05 am
GBPUSD’s fall from 1.6684 extended to as low as 1.6553. Deeper decline is still possible, and next target would be at 1.6510 area. However, the fall is likely correction of the uptrend from 1.6465, as long as...

EURUSD Daily Analysis – April 7, 2014

by ForexCycle.com | April 7, 2014 1:04 am
EURUSD broke below 1.3705 support, and continued its downward movement from 1.3966, and the fall extended to as low as 1.3672. Resistance is now at the upper line of the price channel on 4-hour chart. As long...

USDCAD Daily Analysis – April 3, 2014

by ForexCycle.com | April 3, 2014 12:26 am
USDCAD moved sideways in a narrow range between 1.1000 and 1.1077. Resistance is at 1.1077, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 1.1278,...

USDCHF Daily Analysis – April 3, 2014

by ForexCycle.com | April 3, 2014 12:25 am
USDCHF stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.8699. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 0.8950...

USDJPY Daily Analysis – April 3, 2014

by ForexCycle.com | April 3, 2014 12:25 am
USDJPY remains in uptrend from 101.72. Further rise could be expected after a minor consolidation, and next target would be at 104.50 area. Support is at 103.10, only break below this level could signal completion of the...

AUDUSD Daily Analysis – April 3, 2014

by ForexCycle.com | April 3, 2014 12:24 am
AUDUSD moved sideways in a narrow range between 0.9213 and 0.9303. Support is at 0.9213, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from 0.8995,...

GBPUSD Daily Analysis – April 3, 2014

by ForexCycle.com | April 3, 2014 12:23 am
GBPUSD remains in uptrend from 1.6465, the fall from 1.6684 is likely consolidation of the uptrend. Deeper decline is possible, and the target would be at 1.6550 area. Resistance is at 1.6684, a break above this level...

EURUSD Daily Analysis – April 3, 2014

by ForexCycle.com | April 3, 2014 12:22 am
EURUSD is now in uptrend from 1.3705, the fall from 1.3820 is likely correction of the uptrend. As long as 1.3705 key support holds, another rise could be expected, and next target would be at 1.3900 area....