USDCAD Daily Analysis – January 10, 2014

by ForexCycle.com | January 10, 2014 2:28 am
USDCAD continued its upward movement from 1.0588, and the rise extended to as high as 1.0874. Further rise could be expected after a minor consolidation, and next target would be at 1.1000 area. Support is now at...

USDCHF Daily Analysis – January 10, 2014

by ForexCycle.com | January 10, 2014 2:28 am
USDCHF remains in uptrend from 0.8799, the fall from 0.9126 could be treated as consolidation of the uptrend. Key support is at 0.9025, as long as this level holds, the uptrend could be expected to resume, and...

USDJPY Daily Analysis – January 10, 2014

by ForexCycle.com | January 10, 2014 2:27 am
USDJPY remains in uptrend from 96.94 (Oct 25, 2013 low), the price action from 105.44 could be treated as consolidation of the uptrend. Key support is at 103.91, as long as this level holds, the uptrend could...

AUDUSD Daily Analysis – January 10, 2014

by ForexCycle.com | January 10, 2014 2:27 am
AUDUSD moved sideways in a range between 0.8820 and 0.9004 for several days. The price action in the range is likely consolidation of the downtrend from 0.9756 (Oct 23, 2013 high). One more rise to 0.9040 area...

GBPUSD Daily Analysis – January 10, 2014

by ForexCycle.com | January 10, 2014 2:26 am
GBPUSD’s bounce from 1.6337 extended to as high as 1.6497. Further rise to test 1.6593 previous high resistance could be expected, a break above this level could signal resumption of the uptrend from 1.5854 (Nov 12, 2013...

EURUSD Daily Analysis – January 10, 2014

by ForexCycle.com | January 10, 2014 2:25 am
EURUSD’s downward movement from 1.3892 extended to as low as 1.3548. Key resistance is at 1.3655, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.3450 area....

USDCAD Daily Analysis – January 9, 2014

by ForexCycle.com | January 9, 2014 2:45 am
USDCAD’s upward movement from 1.0588 extends to as high as 1.0840. Further rise could be expected after a minor consolidation, and next target would be at 1.1000 area. Support is at 1.0770, as long as this level...

USDCHF Daily Analysis – January 9, 2014

by ForexCycle.com | January 9, 2014 2:45 am
USDCHF remains in uptrend from 0.8799, and the rise extended to as high as 0.9126. Further rise could be expected after a minor consolidation, and next target would be at 0.9200 area. Support is now at 0.9065,...

USDJPY Daily Analysis – January 9, 2014

by ForexCycle.com | January 9, 2014 2:44 am
USDJPY failed to break below the lower line of the price channel on 4-hour chart, and rebounded from 103.91. Further rise to test 105.44 resistance would likely be seen, a break above this level will signal resumption...

AUDUSD Daily Analysis – January 9, 2014

by ForexCycle.com | January 9, 2014 2:43 am
AUDUSD remains in downtrend from 0.9756 (Oct 23, 2013 high), the price action from 0.8820 is likely consolidation of the downtrend. One more rise to 0.9040 area to complete the consolidation is possible in a couple of...