Daily Forex Analysis – September 17, 2012

by ForexCycle.com | September 17, 2012 02:03
AUDUSD Analysis. AUDUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.0167. Initial support is at the trend line, as long as the trend line support holds, further rise could be...

Daily Forex Analysis – September 14, 2012

by ForexCycle.com | September 14, 2012 02:29
AUDUSD Analysis. After a minor consolidation, AUDUSD continues its upward movement from 1.0167 and the rise extends to as high as 1.0577. Further rise to test 1.0612 previous high resistance could be expected, a break above this...

Daily Forex Analysis – September 13, 2012

by ForexCycle.com | September 13, 2012 02:23
AUDUSD Analysis. AUDUSD remains in uptrend from 1.0167, and the rise extends to as high as 1.0505. Support is now located at the lower line of the price channel on 4-hour chart, as long as the channel...

Daily Forex Analysis – September 12, 2012

by ForexCycle.com | September 12, 2012 02:41
EURUSD Analysis. EURUSD continues its upward movement from 1.2241 and reaches as high as 1.2871. Further rise could be expected after a minor consolidation, and next target would be at 1.3000. Initial support is at 1.2750, and...

Daily Forex Analysis – September 11, 2012

by ForexCycle.com | September 11, 2012 03:16
GBPUSD Analysis. GBPUSD remains in uptrend from 1.5490, the fall from 1.6033 is likely consolidation of the uptrend. Range trading between 1.5930 and 1.6033 is possible in a couple of days. Key support is at the upward...

Daily Forex Analysis – September 10, 2012

by ForexCycle.com | September 10, 2012 02:57
GBPUSD Analysis. GBPUSD continues its upward movement from 1.5490, and the rise extends to as high as 1.6033. Further rise could be expected after a minor consolidation, and next target would be at 1.6100 area. Key support...

Daily Forex Analysis – September 7, 2012

by ForexCycle.com | September 7, 2012 03:15
USDCHF Analysis. USDCHF stays in a trading range between 0.9503 and 0.9634, the price action in the range is treated as consolidation of the downtrend from 0.9809. Another fall could be expected after consolidation, and next target...

Daily Forex Analysis – September 6, 2012

by ForexCycle.com | September 6, 2012 02:54
AUDUSD Analysis. AUDUSD’s downward movement from 1.0543 extends to as low as 1.0167. Resistance is now at the upper border of the price channel on 4-hour chart, as long as the trend line resistance holds, another fall...

Daily Forex Analysis – September 5, 2012

by ForexCycle.com | September 5, 2012 02:51
EURUSD Analysis. EURUSD breaks below the upward trend line on 4-hour chart. Further decline to test 1.2465 key support would likely be seen, as long as this level holds, the fall from 1.2636 could be treated as...

Daily Forex Analysis – September 4, 2012

by ForexCycle.com | September 4, 2012 02:24
EURUSD Analysis. EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.2241. Initial support is at the trend line, as long as the trend line support holds, uptrend could be expected...