USDCHF Daily Analysis – January 29, 2014

by ForexCycle.com | January 29, 2014 5:11 am
USDCHF remains in downtrend from 0.9156, the rise from 0.8903 is likely consolidation of the downtrend. Resistance is at 0.9030, as long as this level holds, the downtrend could be expected to resume, and next target would...

USDJPY Daily Analysis – January 29, 2014

by ForexCycle.com | January 29, 2014 5:11 am
USDJPY’s rise from 101.77 extended to as high as 103.44. However, the rise is likely consolidation of the downtrend from 105.44. Resistance is now at the upper line of the price channel on 4-hour chart. As long...

AUDUSD Daily Analysis – January 29, 2014

by ForexCycle.com | January 29, 2014 5:10 am
AUDUSD is in downtrend from 0.9085, the rise from 0.8660 is likely consolidation of the downtrend. Key resistance is at 0.8887, as long as this level holds, the downtrend could be expected to resume, another fall to...

GBPUSD Daily Analysis – January 29, 2014

by ForexCycle.com | January 29, 2014 5:09 am
GBPUSD is in consolidation of the uptrend from 1.5854 (Nov 12, 2013 low). Another fall to the bottom of the price channel on 4-hour chart would likely be seen. As long as the channel support holds, the...

EURUSD Daily Analysis – January 29, 2014

by ForexCycle.com | January 29, 2014 5:09 am
No changed in our view, EURUSD remains in uptrend from 1.3507, the fall from 1.3739 is likely consolidation of the uptrend. Support is at 1.3595, as long as this level holds, the uptrend could be expected to...

USDCAD Daily Analysis – January 28, 2014

by ForexCycle.com | January 28, 2014 3:38 am
USDCAD stays above a upward trend line on 4hour chart, and remains in uptrend from 1.0588, the fall from 1.1173 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...

USDCHF Daily Analysis – January 28, 2014

by ForexCycle.com | January 28, 2014 3:37 am
USDCHF remains in downtrend from 0.9156, the rise from 0.8903 is likely consolidation of the downtrend. Resistance levels are at 0.9000 and 0.9030, as long as these levels hold, the downtrend could be expected to resume, and...

USDJPY Daily Analysis – January 28, 2014

by ForexCycle.com | January 28, 2014 3:36 am
USDJPY remains in downtrend from 104.92, the rise from 101.77 is likely consolidation of the downtrend. Resistance levels are at 103.00 and 103.35, as long as these levels hold, the downtrend could be expected to resume, and...

AUDUSD Daily Analysis – January 28, 2014

by ForexCycle.com | January 28, 2014 3:34 am
AUDUSD remains in downtrend from 0.9085, the rise from 0.8660 could be treated as consolidation of the downtrend. Resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance...

GBPUSD Daily Analysis – January 28, 2014

by ForexCycle.com | January 28, 2014 3:33 am
GBPUSD remains in downtrend from 1.6668, the rise from 1.6474 is treated as consolidation of the downtrend. Another fall to the bottom of the price channel on 4-hour chart is possible. However, the downtrend from 1.6668 would...