Daily Forex Analysis – November 14, 2012

by ForexCycle.com | November 14, 2012 01:52
AUDUSD Analysis. AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.0236, and the price action from 1.0480 is treated as consolidation of the uptrend. Support is located at the lower...

Daily Forex Analysis – November 13, 2012

by ForexCycle.com | November 13, 2012 02:46
USDJPY Analysis. USDJPY remains in the short term downtrend from 80.67, the rise from 79.07 would possibly be consolidation of the downtrend. Another fall could be expected after consolidation, and the target would be at 78.80 area....

Daily Forex Analysis – November 12, 2012

by ForexCycle.com | November 12, 2012 02:13
AUDUSD Analysis. AUDUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.0236. Key support is at the trend line, as long as the trend line support holds, the fall from 1.0480...

Daily Forex Analysis – November 9, 2012

by ForexCycle.com | November 9, 2012 02:18
AUDUSD Analysis. AUDUSD remains in uptrend from 1.0236, the fall from 1.0480 could be treated as consolidation of the uptrend. Support is at the upward trend line on 4-hour chart, as long as the trend line support...

Daily Forex Analysis – November 8, 2012

by ForexCycle.com | November 8, 2012 03:43
AUDUSD Analysis. AUDUSD remains in uptrend from 1.0236, the fall from 1.0480 is likely consolidation of the uptrend. Key support is at the upward trend line on 4-hour chart, as long as the trend line support holds,...

Daily Forex Analysis – November 7, 2012

by ForexCycle.com | November 7, 2012 01:38
GBPUSD Analysis. GBPUSD moves sideways in a range between 1.5913 and 1.6178. Another fall to test 1.5913 support would likely be seen, a breakdown below this level will signal resumption of the downtrend from 1.6309, then deeper...

Daily Forex Analysis – November 6, 2012

by ForexCycle.com | November 6, 2012 02:05
USDJPY Analysis. USDJPY stays in a upward price channel on 4-hour chart, and remains in uptrend from 77.43, the fall from 80.67 is likely consolidation of the uptrend. Support is at the lower line of the price...

Daily Forex Analysis – November 5, 2012

by ForexCycle.com | November 5, 2012 02:17
USDJPY Analysis. USDJPY broke above 80.37 resistance and reached as high as 80.67 last Friday, suggesting that the uptrend from 77.43 has resumed. Further rise could be expected and next target would be at 81.00 area. Initial...

Daily Forex Analysis – November 2, 2012

by ForexCycle.com | November 2, 2012 02:45
USDJPY Analysis. USDJPY is facing 80.37 previous high resistance, a break above this level will indicate that the uptrend from 77.43 has resumed, then further rise towards 82.00 could be expected. Support remains at the lower line...

Daily Forex Analysis – November 1, 2012

by ForexCycle.com | November 1, 2012 03:19
USDJPY Analysis. USDJPY has formed a cycle bottom at 79.27 on 4-hour chart. Further rise to test 80.37 previous high resistance could be expected, a break above this level will indicate that the uptrend from 77.43 has...