Daily Forex Analysis – December 2, 2013

by ForexCycle.com | December 2, 2013 02:17
GBPUSD Analysis. GBPUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.5854, and the rise extends to as high as 1.6442. As long as the trend line support holds, the uptrend...

Daily Forex Analysis – November 29, 2013

by ForexCycle.com | November 29, 2013 02:53
USDJPY Analysis. USDJPY stays within a upward price channel on 4-hour chart, and remains in uptrend from 97.63. Support is located at the lower line of the channel, as long as the channel support holds, the uptrend...

Daily Forex Analysis – November 28, 2013

by ForexCycle.com | November 28, 2013 03:01
USDCHF Analysis. USDCHF continues its downward movement from 0.9249, and the fall extends to as low as 0.9040. Key resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds,...

Daily Forex Analysis – November 27, 2013

by ForexCycle.com | November 27, 2013 01:53
GBPUSD Analysis. GBPUSD stays within a upward price channel on 4-hour chart, and remains in the short term uptrend from 1.5854, the fall from 1.6240 could be treated as consolidation of the uptrend. Support is located at...

Daily Forex Analysis – November 26, 2013

by ForexCycle.com | November 26, 2013 02:43
GBPUSD Analysis. Being contained by 1.6259 resistance, GBPUSD pulls back from 1.6240. Support is now located at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the uptrend from...

Daily Forex Analysis – November 25, 2013

by ForexCycle.com | November 25, 2013 03:43
USDJPY Analysis. USDJPY’s upward movement from 96.94 extends to as high as 101.80. Support level is now at 100.95, as long as this level holds, the uptrend could be expected to continue, and next target would be...

Daily Forex Analysis – November 22, 2013

by ForexCycle.com | November 22, 2013 03:03
USDCAD Analysis. USDCAD breaks above 1.0525 resistance, suggesting that the uptrend from 1.0182 (Sep 19 low) has resumed. Support is now at 1.0470, as long as this level holds, the uptrend could be expected to continue, and...

Daily Forex Analysis – November 21, 2013

by ForexCycle.com | November 21, 2013 02:46
USDCAD Analysis. USDCAD stays in a trading range between 1.0397 and 1.0525. The price action in the range is likely consolidation of the uptrend from 1.0182 (Sep 19 low). Key support is located at the lower line...

Daily Forex Analysis – November 20, 2013

by ForexCycle.com | November 20, 2013 04:00
USDCAD Analysis. USDCAD remains in uptrend from 1.0182 (Sep 19 low), the price action from 1.0496 could be treated as consolidation of the uptrend. Key support is located at the lower line of the price channel on...

Daily Forex Analysis – November 19, 2013

by ForexCycle.com | November 19, 2013 04:17
AUDUSD Analysis. After touching the upper line of the price channel on 4-hour chart, AUDUSD pulls back from 0.9418, suggesting that the pair remains in downtrend from 0.9756, the rise from 0.9269 could be treated as consolidation...