USDCAD Daily Analysis – April 1, 2014

by ForexCycle.com | April 1, 2014 3:12 am
USDCAD moved sideways in a trading range between 1.1000 and 1.1077. Resistance is now at 1.1077, as long as this level holds, the downtrend from 1.1278 could be expected to resume, and next target would be at...

USDCHF Daily Analysis – April 1, 2014

by ForexCycle.com | April 1, 2014 3:11 am
USDCHF remains in uptrend from 0.8699, the fall from 0.8898 could be treated as consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart. As long as the channel...

USDJPY Daily Analysis – April 1, 2014

by ForexCycle.com | April 1, 2014 3:11 am
USDJPY’s upward movement from 101.20 extended to as high as 103.43. Further rise would likely be seen, and next target would be at 104.00 area. Support is at 102.70, only break below this level could signal completion...

AUDUSD Daily Analysis – April 1, 2014

by ForexCycle.com | April 1, 2014 3:10 am
AUDUSD remains in uptrend from 0.8995, the fall from 0.9294 could be treated as consolidation of the uptrend. Support is at 0.9200, as long as this level holds, the uptrend could be expected to resume, and next...

GBPUSD Daily Analysis – April 1, 2014

by ForexCycle.com | April 1, 2014 3:09 am
GBPUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.6465, and the rise extended to as high as 1.6684. As long as the trend line support holds, the uptrend could be...

EURUSD Daily Analysis – April 1, 2014

by ForexCycle.com | April 1, 2014 3:09 am
EURUSD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 1.3966 had completed at 1.3705 already, then the following upward...

USDCAD Daily Analysis – March 31, 2014

by ForexCycle.com | March 31, 2014 3:21 am
USDCAD remains in downtrend from 1.1278, the rise from 1.1000 would possibly be consolidation of the downtrend. Key resistance is at 1.1100, as long as this level holds, the downtrend could be expected to resume, and next...

USDCHF Daily Analysis – March 31, 2014

by ForexCycle.com | March 31, 2014 3:20 am
USDCHF’s upward movement from 0.8699 extended to as high as 0.8898. Further rise could be expected after a minor consolidation, and next target would be at 0.8950 area. Key support is at 0.8787, only break below this...

USDJPY Daily Analysis – March 31, 2014

by ForexCycle.com | March 31, 2014 3:20 am
USDJPY broke above 102.68 resistance, suggesting that he uptrend from 101.20 has resumed. Further rise could be expected in a couple of days, and next target would be at 103.50 area. Support is at 102.30, only break...

AUDUSD Daily Analysis – March 31, 2014

by ForexCycle.com | March 31, 2014 3:19 am
AUDUSD continued its upward movement from 0.8995, and the rise extended to as high as 0.9294. Support is at 0.9200, as long as this level holds, the fall from 0.9294 could be treated as consolidation of the...