Daily Forex Analysis – September 26, 2013

by ForexCycle.com | September 26, 2013 04:18
GBPUSD Analysis. GBPUSD is in consolidation of the uptrend from 1.4813 (July 9 low). Deeper decline to 1.5700 area to complete the consolidation is possible. Key support is at 1.5700, as long as this level holds, the...

Daily Forex Analysis – September 25, 2013

by ForexCycle.com | September 25, 2013 04:27
USDCHF Analysis. USDCHF remains in downtrend from 0.9455, the rise from 0.9084 is likely consolidation of the downtrend. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds,...

Daily Forex Analysis – September 24, 2013

by ForexCycle.com | September 24, 2013 00:31
GBPUSD Analysis. GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.5429, and the fall from 1.6162 could be treated as consolidation of the uptrend. Initial support is at the lower...

Daily Forex Analysis – September 23, 2013

by ForexCycle.com | September 23, 2013 03:40
USDCAD Analysis. USDCAD broke above the downward trend line on 4-hour chart last Friday, suggesting that consolidation of the downtrend from 1.0568 is underway. Range trading between 1.0182 and 1.0350 would likely be seen in a couple...

Daily Forex Analysis – September 20, 2013

by ForexCycle.com | September 20, 2013 02:46
USDCAD Analysis. USDCAD remains in downtrend from 1.0559, the rise from 1.0182 is treated as consolidation of the downtrend. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance...

Daily Forex Analysis – September 19, 2013

by ForexCycle.com | September 19, 2013 03:02
USDCHF Analysis. USDCHF breaks below 0.9147 support, suggesting that the downtrend from 0.9751 (July 9, high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 0.9050 area. Resistance is...

Daily Forex Analysis – September 18, 2013

by ForexCycle.com | September 18, 2013 03:13
USDJPY Analysis. USDJPY stays in a upward price channel on 4-hour chart, and remains in uptrend from 95.81, the fall from 100.60 could be treated as consolidation of the uptrend. As long as the channel support holds,...

Daily Forex Analysis – September 17, 2013

by ForexCycle.com | September 17, 2013 00:46
USDCHF Analysis. USDCHF remains in downtrend from 0.9455, the rise from 0.9229 is likely consolidation of the downtrend. Resistance is now located at the upper line of the price channel on 4-hour chart, as long as the...