Daily Forex Analysis – August 21, 2013

by ForexCycle.com | August 21, 2013 04:02
USDJPY Analysis. USDJPY stays below a downward trend line on 4-hour chart, and remains in downtrend from 101.53, the rise from 95.81 could be treated as consolidation of the downtrend. Another fall to 95.00 to complete the...

Daily Forex Analysis – August 19, 2013

by ForexCycle.com | August 19, 2013 03:31
USDJPY Analysis. USDJPY failed to break above the resistance of the downward trend line on 4-hour chart, and pulled back from 98.64, suggesting that the pair remains in downtrend from 101.53. Further decline would likely be seen,...

Daily Forex Analysis – August 16, 2013

by ForexCycle.com | August 16, 2013 03:24
USDJPY Analysis. Being contained by the resistance of the downward trend line on 4-hour chart, USDJPY pulls back from 98.64. The fall from 98.64 would possibly be resumption of the downtrend from 101.53. Further decline would likely...

Daily Forex Analysis – August 15, 2013

by ForexCycle.com | August 15, 2013 04:27
AUDUSD Analysis. AUDUSD is forming a sideways consolidation in a range between 0.8847 and 0.9317. Another fall to test 0.8847 support would likely be seen, a breakdown below this level will signal resumption of the downtrend from...

Daily Forex Analysis – August 14, 2013

by ForexCycle.com | August 14, 2013 03:39
USDJPY Analysis. USDJPY’s rise from 95.81 extends to as high as 98.34. Further rise to test the resistance of the downward trend line would likely be seen, as long as the trend line resistance holds, the rise...

Daily Forex Analysis – August 13, 2013

by ForexCycle.com | August 13, 2013 03:58
USDCHF Analysis. USDCHF remains in downtrend from 0.9751, the rise from 0.9174 could be treated as consolidation of the downtrend. Resistance is at the upper line of the downward price channel on 4-hour chart, as long as...

Daily Forex Analysis – August 12, 2013

by ForexCycle.com | August 12, 2013 01:58
AUDUSD Analysis. AUDUSD continues its upward movement from 0.8847, and the rise extends to as high as 0.9213. Further rise to test 0.9317 key resistance is possible, as long as this level holds, the rise could be...

Daily Forex Analysis – August 9, 2013

by ForexCycle.com | August 9, 2013 04:02
USDCAD Analysis. USDCAD breaks below 1.0345 support, suggesting that the uptrend from 1.0245 has completed at 1.0445. Further decline to test 1.0245 support could be seen, a breakdown below this level will signal resumption of the downtrend...

Daily Forex Analysis – August 8, 2013

by ForexCycle.com | August 8, 2013 02:28
AUDUSD Analysis. AUDUSD remains in downtrend from 0.9317, the rise from 0.8847 is likely consolidation of the downtrend. Resistance is at 0.9060, as long as this level holds, the downtrend could be expected to resume, and another...

Daily Forex Analysis – August 7, 2013

by ForexCycle.com | August 7, 2013 03:14
AUDUSD Analysis. AUDUSD stays within a downward price channel on 4-hour chart, and remains in downtrend from 0.9317, the rise from 0.8847 is treated as consolidation of the downtrend. Resistance is at the upper line of the...