Daily Forex Analysis – June 4, 2013

by ForexCycle.com | June 4, 2013 04:31
AUDUSD Analysis. After touching 0.9777 resistance, AUDUSD pulls back from 0.9791, suggesting that the pair remains in downtrend from 1.0582 (Apr 11 high), the rise from 0.9528 is treated as consolidation of the downtrend. Another fall could...

Daily Forex Analysis – June 3, 2013

by ForexCycle.com | June 3, 2013 01:19
USDCAD Analysis. USDCAD stays in a trading range between 1.0286 and 1.0420. Key support is at 1.0286, as long as this level holds, the price action in the range is treated as consolidation of the uptrend from...