GBPUSD Daily Analysis – March 3, 2014

by ForexCycle.com | March 3, 2014 1:34 am
GBPUSD broke above 1.6730 resistance. Further rise to test 1.6822 resistance would likely be seen, a break above this level will confirm that the uptrend from 1.6252 has resumed, then next target would be at 1.7000 area....

EURUSD Daily Analysis – March 3, 2014

by ForexCycle.com | March 3, 2014 1:34 am
EURUSD broke above 1.3773 resistance, indicating that the uptrend from 1.3477 has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.3900 area. Key support is now located at the...

USDCAD Daily Analysis – February 28, 2014

by ForexCycle.com | February 28, 2014 1:03 am
No changed in our view, USDCAD remains in downtrend from 1.1192, the rise from 1.1054 would possibly be correction of the downtrend. Another fall would likely be seen, and next target would be at 1.0980 area. Resistance...

USDCHF Daily Analysis – February 28, 2014

by ForexCycle.com | February 28, 2014 1:03 am
USDCHF remains in downtrend from 0.9081, the rise from 0.8852 is likely consolidation of the downtrend. Resistance is now at 0.8930, as long as this level holds, the downtrend could be expected to resume, and next target...

USDJPY Daily Analysis – February 28, 2014

by ForexCycle.com | February 28, 2014 1:02 am
USDJPY stays in a trading range between 101.38 and 102.82. As long as 101.38 support holds, the price action in the range could be treated as consolidation of the uptrend from 100.75, another rise to 103.50 area...

AUDUSD Daily Analysis – February 28, 2014

by ForexCycle.com | February 28, 2014 1:02 am
After touching 0.8906 support, AUDUSD rebounded to 0.8971, indicating that the pair remains in consolidation of the uptrend from 0.8660. The sideways movement in a range between 0.8906 and 0.9080 could be expected to continue in a...

GBPUSD Daily Analysis – February 28, 2014

by ForexCycle.com | February 28, 2014 1:01 am
GBPUSD moves sideways in a trading range between 1.6582 and 1.6730. Support is at 1.6582, a breakdown below this level will confirm that the uptrend from 1.6252 had completed at 1.6822 already, then deeper decline to 1.6400...

EURUSD Daily Analysis – February 28, 2014

by ForexCycle.com | February 28, 2014 1:00 am
EURUSD’s fall from 1.3773 extended to as low as 1.3643, the subsequent bounce is likely resumption of the uptrend from 1.3477. Further rise to test 1.3773 resistance could be expected, a break above this level will trigger...

USDCAD Daily Analysis – February 27, 2014

by ForexCycle.com | February 27, 2014 3:56 am
USDCAD remains in downtrend from 1.1192, the rise from 1.1054 is likely correction of the downtrend. Another fall would likely be seen, and next target would be at 1.0980 area. Resistance is at 1.1192, only break above...

USDCHF Daily Analysis – February 27, 2014

by ForexCycle.com | February 27, 2014 3:55 am
USDCHF broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 0.9081 had completed at 0.8852 already. Further rally would likely be seen over the next several days, and next...