EURUSD Daily Analysis – January 15, 2014

by ForexCycle.com | January 15, 2014 4:08 am
EURUSD remains in uptrend from 1.3548, the fall from 1.3699 would possibly be correction of the uptrend. As long as 1.3548 key support holds, another rise could be expected, and next target would be at 1.3800 area....

USDCAD Daily Analysis – January 14, 2014

by ForexCycle.com | January 14, 2014 2:35 am
USDCAD remains in uptrend from 1.0588, the fall from 1.0945 could be treated as consolidation of the uptrend. Range trading between 1.0800 and 1.0945 would likely be seen in a couple of days. Key support is at...

USDCHF Daily Analysis – January 14, 2014

by ForexCycle.com | January 14, 2014 2:34 am
USDCHF’s downward movement from 0.9126 extended to as low as 0.8986. Further decline could be expected in a couple of days, and next target would be at 0.8900 area. Resistance is now at 0.9050, only break above...

USDJPY Daily Analysis – January 14, 2014

by ForexCycle.com | January 14, 2014 2:34 am
USDJPY is now in downtrend from 105.44. Further decline could be expected, and next target would be at 101.50 area. Resistance is at 104.20, followed by 105.44, only break above these levels could trigger another rise towards...

AUDUSD Daily Analysis – January 14, 2014

by ForexCycle.com | January 14, 2014 2:33 am
AUDUSD’s rise from 0.8820 is likely consolidation of the downtrend from 0.9756 (Oct 23, 2013 high). Further rise to 0.9200 area to complete the consolidation is possible. Support levels are at 0.8940 and 0.8820, only break below...

GBPUSD Daily Analysis – January 14, 2014

by ForexCycle.com | January 14, 2014 2:33 am
GBPUSD is facing 1.6337 key support, a breakdown below this level will indicate that the uptrend from 1.5854 (Nov 12, 2013 low) had completed at 1.6593 already, then the following downward movement could bring price back to...

EURUSD Daily Analysis – January 14, 2014

by ForexCycle.com | January 14, 2014 2:32 am
EURUSD is now in uptrend from 1.3548. Further rise could be expected after a minor consolidation, and next target would be at 1.3750 area. Support levels are at 1.3600 and 1.3548, only break below these levels could...

USDCAD Daily Analysis – January 13, 2014

by ForexCycle.com | January 13, 2014 3:37 am
USDCAD’s upward movement from 1.0588 extended to as high as 1.0945. Further rise is still possible after a minor consolidation, and next target would be at 1.1000 area. Support is at 1.0825, only break below this level...

USDCHF Daily Analysis – January 13, 2014

by ForexCycle.com | January 13, 2014 3:36 am
USDCHF broke below 0.9025 support, indicating that the uptrend from 0.8799 had completed at 0.9126 already. Further decline could be expected in a couple of days, and next target would be at 0.8950 area. Resistance levels are...

USDJPY Daily Analysis – January 13, 2014

by ForexCycle.com | January 13, 2014 3:36 am
USDJPY broke below the lower line of the price channel on 4-hour chart, indicating that the upward movement from 96.94 (Oct 25, 2013 low) had completed at 105.44 already. The pair is now in downtrend, further decline...