Daily Forex Analysis – April 4, 2013

by ForexCycle.com | April 3, 2013 23:25
EURUSD Analysis. EURUSD had formed a cycle bottom at 1.2751 on 4-hour chart. Further rally could be expected, and next target would be at 1.2960 area. Key resistance is at 1.3000, as long as this level holds,...

Daily Forex Analysis – April 2, 2013

by ForexCycle.com | April 2, 2013 02:39
AUDUSD Analysis. AUDUSD may be forming a cycle bottom at 1.0385 on 4-hour chart. However, the rise would possibly be correction of the downtrend from 1.0496, as long as 1.0496 key resistance holds, one more fall to...

Daily Forex Analysis – April 1, 2013

by ForexCycle.com | April 1, 2013 01:06
USDJPY Analysis. USDJPY stays within a downward price channel on 4-hour chart, and remains in downtrend from 96.70. Key resistance is located at the upper line of the channel. As long as the channel resistance holds, the...

Daily Forex Analysis – March 29, 2013

by ForexCycle.com | March 29, 2013 02:46
USDJPY Analysis. USDJPY remains in downtrend from 96.70, the price action from 93.53 is likely consolidation of the downtrend. Key resistance is at the upper line of the price channel on 4-hour chart, as long as the...

Daily Forex Analysis – March 28, 2013

by ForexCycle.com | March 28, 2013 04:31
USDJPY Analysis. USDJPY stays within a downward price channel on 4-hour chart, and remains in downtrend from 96.70. As long as the resistance of the upper line of the channel holds, the downtrend could be expected to...

Daily Forex Analysis – March 27, 2013

by ForexCycle.com | March 27, 2013 02:20
USDJPY Analysis. USDJPY remains in downtrend from 96.70, the rise from 93.53 is likely consolidation of the downtrend. Key resistance is now located at the upper line of the price channel on 4-hour chart. As long as...

Daily Forex Analysis – March 26, 2013

by ForexCycle.com | March 26, 2013 03:53
USDCHF Analysis. USDCHF remains in downtrend from 0.9567, the price action from 0.9379 is likely consolidation of the downtrend. As long as 0.9567 key resistance holds, the downtrend could be expected to resume, and another fall towards...