GBPUSD Daily Analysis – December 30, 2013

by FX Empire | December 30, 2013 4:47 am
GBPUSD broke above 1.6481 resistance and reached as high as 1.6577 last Friday, suggesting that the uptrend form 1.5854 (Nov 12 low) has resumed. Further rise could be expected, and next target would be at 1.6700 area....

EURUSD Daily Analysis – December 30, 2013

by FX Empire | December 30, 2013 4:46 am
After breaking above .3810 resistance, EURUSD pulled back from 1.3892, suggesting that lengthier consolidation of the uptrend from 1.3296 (Nov 7 low) is underway. Deeper decline to the lower line of the price channel on 4-hour chart...

USDCAD Daily Analysis – December 27, 2013

by ForexCycle.com | December 27, 2013 3:26 am
USDCAD rebounded from the lower line of the price channel on 4-hour chart, suggesting hat the pair remains in uptrend from 1.0182 (Sept 19 low), and the price action from 1.0707 could be treated as consolidation of...

USDCHF Daily Analysis – December 27, 2013

by ForexCycle.com | December 27, 2013 3:25 am
USDCHF remains in uptrend from 0.8832, the fall from 0.9000 is likely consolidation of the uptrend. Initial support is at 0.8890, as long as this level holds, the uptrend could be expected to resume, and one more...

USDJPY Daily Analysis – December 27, 2013

by ForexCycle.com | December 27, 2013 3:25 am
USDJPY continues its upward movement from 96.94 (Oct 25 low), and the rise extended to as high as 105.02. Key support is at the upward trend line on 4-hour chart, as long as the trend line support...

AUDUSD Daily Analysis – December 27, 2013

by ForexCycle.com | December 27, 2013 3:24 am
AUDUSD failed to break above the upper line of the price channel on 4-hour chart, suggesting that the pair remains in downtrend from 0.9756 (Oct 23 high), and the rise from 0.8820 could be treated as consolidation...

GBPUSD Daily Analysis – December 27, 2013

by ForexCycle.com | December 27, 2013 3:24 am
GBPUSD continues its sideways movement in a range between 1.6219 and 1.6481. Key support is at 1.6219, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...

EURUSD Daily Analysis – December 27, 2013

by ForexCycle.com | December 27, 2013 3:23 am
EURUSD remains in downtrend from 1.3810, the rise from 1.3625 is likely consolidation of the downtrend. Initial resistance is at 1.3740, as long as this level holds, the downtrend could be expected to resume, and one more...

USDCAD Daily Analysis – December 24, 2013

by ForexCycle.com | December 24, 2013 4:17 am
USDCAD stays within a upward price channel on 4-hour chart, indicating that the price action from 1.0707 is consolidation of the uptrend from 1.0182 (Sep 19 low). As long as the channel support holds, the uptrend could...

USDCHF Daily Analysis – December 24, 2013

by ForexCycle.com | December 24, 2013 4:16 am
USDCHF broke above the upper line of the price channel on 4-hour chart, and is now in uptrend from 0.8832, the fall from 0.9000 is likely consolidation of the uptrend. Further rise could be expected, and the...