Daily Forex Analysis – June 18, 2013

by ForexCycle.com | June 18, 2013 01:55
EURUSD Analysis. EURUSD remains in uptrend from 1.2796, the fall from 1.3390 is treated as consolidation of the uptrend. Support is now located at the lower line of the price channel on 4-hour chart. As long as...

Daily Forex Analysis – June 17, 2013

by ForexCycle.com | June 17, 2013 01:36
USDCHF Analysis. USDCHF is facing the resistance of the upper line the price channel again. As long as the channel resistance holds, the rise from 0.9130 could be treated as consolidation of the downtrend from 0.9838, one...

Daily Forex Analysis – June 14, 2013

by ForexCycle.com | June 14, 2013 04:56
USDCHF Analysis. USDCHF continues its downward movement from 0.9838, and the fall extends to as low as 0.9130. Resistance is located at the upper line of the downward price channel on 4-hour chart, as long as the...

Daily Forex Analysis – June 13, 2013

by ForexCycle.com | June 13, 2013 02:04
AUDUSD Analysis. AUDUSD remains in downtrend from 1.0582 (Apr 11 high), the bounce from 0.9326 is likely consolidation of the downtrend. Key resistance is located at the upper line of the price channel on 4-hour chart, as...

Daily Forex Analysis – June 12, 2013

by ForexCycle.com | June 12, 2013 00:41
GBPUSD Analysis. GBPUSD is facing 1.5683 resistance, a break above this level will signal resumption of the uptrend from 1.5008, then next target would be at 1.5700 area. Initial support is at the upward trend line on...

Daily Forex Analysis – June 11, 2013

by ForexCycle.com | June 10, 2013 23:44
GBPUSD Analysis. GBPUSD is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the fall from 1.5683 could be treated as consolidation of the uptrend from 1.5008,...

Daily Forex Analysis – June 10, 2013

by ForexCycle.com | June 10, 2013 02:15
EURUSD Analysis. EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.2796, the fall from 1.3305 is treated as consolidation of the uptrend. As long as the trend line support holds,...

Daily Forex Analysis – June 7, 2013

by ForexCycle.com | June 7, 2013 01:30
AUDUSD Analysis. AUDUSD remains in downtrend from 1.0582 (Apr 11 high), the bounce from 0.9434 is likely consolidation of the downtrend. Range trading between 0.9434 and 0.9791 could be expected in a couple of days. Key resistance...

Daily Forex Analysis – June 6, 2013

by ForexCycle.com | June 6, 2013 03:20
AUDUSD Analysis. AUDUSD breaks below 0.9528 support, and continues its downward movement from 1.0582 (Apr 11 high), and the fall has extended to as low as 0.9448. Further decline could be expected, and next target would be...

Daily Forex Analysis – June 5, 2013

by ForexCycle.com | June 5, 2013 02:54
AUDUSD Analysis. AUDUSD stays in a trading range between 0.9528 and 0.9791. Key resistance is now at 0.9791, as long as this level holds, the price action in the range could be treated as consolidation of the...