USDJPY Daily Analysis – February 27, 2014

by ForexCycle.com | February 27, 2014 3:54 am
USDJPY remains in uptrend from 100.75. The price action from 102.70 is likely consolidation of the uptrend. Another rise would likely be seen after consolidation, and the target would be at 103.50 area. Key support is at...

AUDUSD Daily Analysis – February 27, 2014

by ForexCycle.com | February 27, 2014 3:54 am
AUDUSD is facing 0.8906 support, a breakdown this level will signal completion of the uptrend from 0.8660, then next target would be at 0.8780 area. On the upside, as long as 0.8906 support holds, the price action...

GBPUSD Daily Analysis – February 27, 2014

by ForexCycle.com | February 27, 2014 3:53 am
GBPUSD’s fall from 1.6822 had completed at 1.6582 already. Another rise to test 1.6730 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 1.6252, then next target would be...

EURUSD Daily Analysis – February 27, 2014

by ForexCycle.com | February 27, 2014 3:53 am
EURUSD broke below 1.3686 support, indicating that the uptrend from 1.3477 had completed at 1.3773 already. Deeper decline would likely be seen over the next several days, and next target would be at 1.3550 area. Resistance levels...

USDCAD Daily Analysis – February 26, 2014

by ForexCycle.com | February 26, 2014 3:30 am
USDCAD’s fall from 1.1192 extended to as low as 1.1054. Deeper decline would likely be seen, and next target would be at 1.0950 area. Resistance is at 1.1192, only break above this level will indicate that the...

USDCHF Daily Analysis – February 26, 2014

by ForexCycle.com | February 26, 2014 3:29 am
USDCHF stays in a trading range between 0.8852 and 0.8914. Initial resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend from 0.9081 could be...

USDJPY Daily Analysis – February 26, 2014

by ForexCycle.com | February 26, 2014 3:28 am
USDJPY remains in uptrend from 100.75. Another rise to 104.00 area to complete the upward movement would likely be seen. Key support is at 101.35, only break below this level will indicate that the rise from 100.75...

AUDUSD Daily Analysis – February 26, 2014

by ForexCycle.com | February 26, 2014 3:28 am
AUDUSD moved sideways without trend in a range between 0.8906 and 0.9080 for several days. As long as 0.8906 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660,...

GBPUSD Daily Analysis – February 26, 2014

by ForexCycle.com | February 26, 2014 3:27 am
GBPUSD is facing 1.6730 resistance, a break above this level will indicate that the downward movement from 1.6822 had completed at 1.6582 already, then another rise towards 1.7000 could be seen to follow. On the downside, as...

EURUSD Daily Analysis – February 26, 2014

by ForexCycle.com | February 26, 2014 3:27 am
EURUSD continues its sideways movement in a narrow range between 1.3686 and 1.3773. The price action in the range is likely consolidation of the uptrend from 1.3477, as long as 1.3686 support holds, another rise to 1.3850...