Daily Forex Analysis – September 26, 2011

by ForexCycle.com | September 26, 2011 02:10
USDJPY Analysis. USDJPY stays below a downtrend line on 4-hour chart, and remains in short term downtrend from 77.85. As long as the trend line resistance holds, downtrend could be expected to continue, and on more fall...

Daily Forex Analysis – September 23, 2011

by ForexCycle.com | September 23, 2011 02:36
EURUSD Analysis. EURUSD broke below 1.3499 support and reached as low as 1.3386. Further decline would likely be seen in next several days, and next target would be at 1.3200 area. Resistance is at 1.3600, only break...

Daily Forex Analysis – September 22, 2011

by ForexCycle.com | September 22, 2011 01:29
AUDUSD Analysis. AUDUSD continued its downward movement from 1.0764, and the fall extended to as low as 1.0019. Further fall towards 0.9927 (Aug 9 low) is still possible after a minor consolidation. Resistance is at the downtrend...

Daily Forex Analysis – September 21, 2011

by ForexCycle.com | September 21, 2011 00:49
AUDUSD Analysis. AUDUSD may be forming a cycle bottom at 1.0148 on 4-hour chart. Further rally to test 1.0398 key resistance would likely be seen, a break above this level will indicate that the fall from 1.0764...

Daily Forex Analysis – September 20, 2011

by ForexCycle.com | September 20, 2011 02:26
AUDUSD Analysis. AUDUSD broke below 1.0177 support and reached as low as 1.0148. Key resistance is at 1.0398, as long as this level holds, downtrend from 1.0764 could be expected to continue, and next target would be...

Daily Forex Analysis – September 19, 2011

by ForexCycle.com | September 19, 2011 02:29
GBPUSD Analysis. GBPUSD failed to break above the downtrend line on 4-hour chart, and continues its downward movement from 1.6453. Further fall could be expected in a couple of days, and next target would be at 1.5600...

Daily Forex Analysis – September 16, 2011

by ForexCycle.com | September 16, 2011 03:19
GBPUSD Analysis. GBPUSD is facing the resistance of the downtrend line on 4-hour chart, as long as the trend line resistance holds, the rise from 1.5707 is treated as minor consolidation of downtrend, and another fall to...

Daily Forex Analysis – September 15, 2011

by ForexCycle.com | September 15, 2011 02:22
GBPUSD Analysis. GBPUSD continued its downward move from 1.6453 and the fall extended to as low as 1.5707. Resistance remains at the downtrend line on 4-hour chart, as long as the trend line resistance holds, downtrend could...

Daily Forex Analysis – September 14, 2011

by ForexCycle.com | September 14, 2011 02:55
GBPUSD Analysis. GBPUSD stays below a falling trend line on 4-hour chart and remains in downtrend from 1.6453. As long as the trend line resistance holds, downtrend could be expected to continue, and next target would be...

Daily Forex Analysis – September 13, 2011

by ForexCycle.com | September 13, 2011 01:24
USDCAD Analysis. USDCAD remains in uptrend from 0.9725, the fall from 1.0025 is treated as consolidation of uptrend. Support is at the rising trend line on 4-hour chart, as long as the trend line support holds, uptrend...