Daily Forex Analysis – October 1, 2012

by ForexCycle.com | October 1, 2012 02:48
USDCHF Analysis. USDCHF failed to break below 0.9325 key support and continues its upward movement from 0.9239. support is now located at the upward trend line on 4-hour chart, as long as the trend line support holds,...

Daily Forex Analysis – September 28, 2012

by ForexCycle.com | September 28, 2012 02:10
USDCHF Analysis. USDCHF may be forming a cycle top at 0.9417 on 4-hour chart. Key support is now at 0.9325, a breakdown below this level will indicate that the rise from 0.9239 has completed, and the longer...

Daily Forex Analysis – September 27, 2012

by ForexCycle.com | September 27, 2012 02:13
USDCHF Analysis. USDCHF continues its upward movement from 0.9239, and the rise extends to as high as 0.9417. Further rise is still possible, and next target would be at 0.9500 area. However, the rise is treated as...

Daily Forex Analysis – September 26, 2012

by ForexCycle.com | September 26, 2012 00:53
GBPUSD Analysis. GBPUSD continues its sideways movement in a range between 1.6163 and 1.6309. Initial support is at 1.6163, as long as this level holds, the price action in the range is treated as consolidation of the...

Daily Forex Analysis – September 25, 2012

by ForexCycle.com | September 25, 2012 03:11
GBPUSD Analysis. GBPUSD moves sideways in a range between 1.6163 and 1.6309. The price action in the range is likely consolidation of the uptrend from 1.5490 (Aug 2 low). Support is at 1.6163, as long as this...

Daily Forex Analysis – September 24, 2012

by ForexCycle.com | September 24, 2012 02:39
GBPUSD Analysis. GBPUSD remains in uptrend from 1.5490, the price action from 1.6272 is treated as consolidation of the uptrend. Support is now at 1.6163, as long as this level holds, the uptrend could be expected to...

Daily Forex Analysis – September 21, 2012

by ForexCycle.com | September 21, 2012 02:11
GBPUSD Analysis. GBPUSD remains in uptrend from 1.5753, the fall from 1.6272 is treated as consolidation of the uptrend. Range trading between 1.6100 and 1.6272 would likely be seen in a couple of days. Support is at...

Daily Forex Analysis – September 20, 2012

by ForexCycle.com | September 20, 2012 02:31
USDCHF Analysis. USDCHF breaks above the downward trend line on 4-hour chart, suggesting that lengthier consolidation of the downtrend from 0.9607 is underway. Range trading 0.9239 and 0.9350 would likely be seen in a couple of days....

Daily Forex Analysis – September 19, 2012

by ForexCycle.com | September 19, 2012 02:30
USDCHF Analysis. USDCHF is facing the resistance of the downward trend line on 4-hour chart, a clear break above the trend line will indicate that a cycle bottom is being formed at 0.9239, and lengthier consolidation of...

Daily Forex Analysis – September 18, 2012

by ForexCycle.com | September 18, 2012 02:52
EURUSD Analysis. EURUSD’s upward movement from 1.2501 extends to as high as 1.3171. Support remains at the trend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected to continue, and...