Daily Forex Analysis – October 17, 2013

by ForexCycle.com | October 17, 2013 03:36
EURUSD Analysis. EURUSD stays below a downward trend line on 4-hour chart, and remains in short term downtrend from 1.3646. Another fall to test 1.3462 support would likely be seen, a breakdown below this level will confirm...

Daily Forex Analysis – October 16, 2013

by ForexCycle.com | October 16, 2013 03:04
AUDUSD Analysis. AUDUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 0.9280. As long as the trend line support holds, the uptrend could be expected to continue, and next target would...

Daily Forex Analysis – October 15, 2013

by ForexCycle.com | October 15, 2013 03:45
GBPUSD Analysis. GBPUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.6259. As long as the trend line resistance holds, the downtrend could be expected to resume, and another fall towards...

Daily Forex Analysis – October 14, 2013

by ForexCycle.com | October 14, 2013 02:47
AUDUSD Analysis. AUDUSD remains in short term uptrend from 0.9280. Further rise to test 0.9526 resistance is still possible, a break above this level will signal resumption of the longer term uptrend from 0.8847 (Aug 5 low),...

Daily Forex Analysis – October 11, 2013

by ForexCycle.com | October 11, 2013 01:22
GBPUSD Analysis. GBPUSD’s fall from 1.6259 extends to as low as 1.5914. Deeper decline is still possible, and next target would be at 1.5800 area. However, the fall would possibly be consolidation of the uptrend from 1.4813...

Daily Forex Analysis – October 9, 2013

by ForexCycle.com | October 9, 2013 00:59
GBPUSD Analysis. GBPUSD remains in uptrend from 1.4813 (Jul 9 low), the price action from 1.6162 is likely consolidation of the uptrend. Range trading between 1.5900 and 1.6259 would likely be seen in a couple of days....

Daily Forex Analysis – October 8, 2013

by ForexCycle.com | October 8, 2013 01:16
EURUSD Analysis. EURUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.3105. As long as the channel support holds, the price action from 1.3568 could be treated as consolidation of the...

Daily Forex Analysis – October 7, 2013

by ForexCycle.com | October 7, 2013 00:43
EURUSD Analysis. EURUSD remains in uptrend from 1.3105, the price action from 1.3568 could be treated as consolidation of the uptrend. Support is now located at the lower line of the price channel on 4-hour chart, as...

Daily Forex Analysis – October 4, 2013

by ForexCycle.com | October 4, 2013 03:41
USDCHF Analysis. USDCHF’s downward movement from 0.9455 extends to as low as 0.8967. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected...

Daily Forex Analysis – October 3, 2013

by ForexCycle.com | October 3, 2013 00:40
AUDUSD Analysis. AUDUSD stays in a trading range between 0.9280 and 0.9526. As long as 0.9280 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8892, one more rise...