Daily Forex Analysis – January 10, 2012

by ForexCycle.com | January 10, 2012 03:24
AUDUSD Analysis. Being supported by the lower border of the price channel on 4-hour chart, AUDUSD rebounded from 1.0145, suggesting that the fall from 1.0385 has completed. Now the bounce would possibly be resumption of uptrend from...

Daily Forex Analysis – January 9, 2012

by ForexCycle.com | January 9, 2012 01:35
AUDUSD Analysis. After touching 1.0378 resistance, AUDUSD pulled back from 1.0385, however, the fall from 1.0385 would possibly be consolidation of uptrend from 0.9861. Key support is now located at the lower line of the price channel...

Daily Forex Analysis – January 6, 2012

by ForexCycle.com | January 6, 2012 01:59
USDCHF Analysis. USDCHF is facing 0.9546 resistance, a break above this level will indicate that the uptrend from 0.8569 (Oct 27, 2011 low) has resumed, then further rise towards 1.0000 could be seen. Support is now at...

Daily Forex Analysis – January 5, 2012

by ForexCycle.com | January 5, 2012 03:09
EURUSD Analysis. EURUSD failed to break above the upper line of the price channel on 4-hour chart, and pulled back from 1.3076. Further fall to test 1.2858 support would likely be seen, a breakdown below this level...

Daily Forex Analysis – January 4, 2012

by ForexCycle.com | January 4, 2012 01:57
EURUSD Analysis. EURUSD’s bounce from 1.2858 extended to as high as 1.3076. Further rise is still possible later today, and the target would be at the upper line of the price channel on 4-hour chart. Key resistance...

Daily Forex Analysis – January 3, 2012

by ForexCycle.com | January 3, 2012 03:09
USDCHF Analysis. USDCHF moved sideways in a range between 0.9244 and 0.9546 for several days. The price action in the range is likely consolidation of uptrend from 0.8569 (Oct 27, 2011 low). As long as 0.9244 key...

Daily Forex Analysis – January 2, 2012

by ForexCycle.com | January 2, 2012 03:11
USDCHF Analysis. USDCHF stays above a upward trend line on 4-hour chart, and remains in uptrend from 0.9244, the fall from 0.9469 would possibly be consolidation of uptrend. Another rise to test 0.9546 is expected, a break...

Daily Forex Analysis – December 30, 2011

by ForexCycle.com | December 30, 2011 03:33
USDCHF Analysis. USDCHF’s bounce from 0.9244 extended to as high as 0.9469. Support is now at the upward trend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected to continue,...

Daily Forex Analysis – December 28, 2011

by ForexCycle.com | December 28, 2011 01:24
USDCHF Analysis. USDCHF had formed a cycle bottom at 0.9244 on 4-hour chart. Now the rise from 0.9244 would possibly be resumption of uptrend from 0.8569 (Oct 27 low), further rise to test 0.9546 resistance would likely...

Daily Forex Analysis – December 27, 2011

by ForexCycle.com | December 27, 2011 01:45
EURUSD Analysis. EURUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.4246 (Oct 27 high), the price action from 1.2946 is likely consolidation of the downtrend. As long as the trend...