Daily Forex Analysis – November 23, 2011

by ForexCycle.com | November 23, 2011 02:04
GBPUSD Analysis. GBPUSD’s downward movement from 1.6092 extended to as low as 1.5582. Further fall is still possible after a minor consolidation, and next target would be at 1.5500 area. Resistance is now at the downward trend...

Daily Forex Analysis – November 22, 2011

by ForexCycle.com | November 22, 2011 01:15
USDCHF Analysis. USDCHF moved sideways in a range between 0.9085 and 0.9234 for several days. The price action in the range is likely consolidation of uptrend from 0.8569, one more rise towards 0.9314 previous high is still...

Daily Forex Analysis – November 21, 2011

by ForexCycle.com | November 21, 2011 02:10
USDCHF Analysis. USDCHF’s rise extended to as high as 0.9234 last week. Support remains at the lower line of the price channel on 4-hour chart, as long as the channel support holds, uptrend from 0.8569 could be...

Daily Forex Analysis – November 17, 2011

by ForexCycle.com | November 17, 2011 01:26
USDCHF Analysis. USDCHF stays within a upward price channel on 4-hour chart, and remains in uptrend from 0.8569. As long as the channel support holds, uptrend could be expected to continue, and further rise towards 0.9314 previous...

Daily Forex Analysis – November 16, 2011

by ForexCycle.com | November 16, 2011 01:09
AUDUSD Analysis. AUDUSD remains in downtrend from 1.0751, the rise from 1.0053 is treated as consolidation of downtrend. Key resistance is now at 1.0342, as long as this level holds, downtrend could be expected to resume, and...

Daily Forex Analysis – November 15, 2011

by ForexCycle.com | November 15, 2011 03:26
USDCAD Analysis. USDCAD stays in a trading range between 1.0055 and 1.0265. The price action in the range is treated as consolidation of uptrend from 0.9891. As long as 1.0055 key support holds, another rise towards 1.0400...

Daily Forex Analysis – November 14, 2011

by ForexCycle.com | November 14, 2011 01:29
USDCHF Analysis. USDCHF remains in uptrend from 0.8569, the fall from 0.9148 is likely consolidation of uptrend. Support is now at the lower border of the price channel on 4-hour chart, as long as the channel support...

Daily Forex Analysis – November 11, 2011

by ForexCycle.com | November 11, 2011 01:20
USDCHF Analysis. USDCHF’s rise extended to as high as 0.9148, the subsequent pullback is treated as consolidation of uptrend. Support remains at the uptrend line on 4-hour chart, as long as the trend line support holds, uptrend...

Daily Forex Analysis – November 10, 2011

by ForexCycle.com | November 10, 2011 01:52
USDCHF Analysis. USDCHF continued its upward movement from 0.8569 and the rise extended to as high as 0.9112. Support remains at the uptrend line on 4-hour chart, as long as the trend line support holds, uptrend could...

Daily Forex Analysis – November 9, 2011

by ForexCycle.com | November 9, 2011 01:21
USDCHF Analysis. USDCHF stays above a rising trend line on 4-hour chart, and remains in uptrend from 0.8569. As long as the trend line support holds, uptrend could be expected to continue, and next target would be...