Daily Forex Analysis – September 6, 2013

by ForexCycle.com | September 6, 2013 01:48
EURUSD Analysis. EURUSD continues its downward movement from 1.3451, and the fall extends to as low as 1.3111. Resistance is located at the upper line of the price channel on 4-hour chart, as long as the channel...

Daily Forex Analysis – September 5, 2013

by ForexCycle.com | September 5, 2013 02:31
EURUSD Analysis. EURUSD remains in downtrend from 1.3451, the rise from 1.3139 is treated as consolidation of the downtrend. Resistance is now located at the upper line of the price channel on 4-hour chart, as long as...

Daily Forex Analysis – September 4, 2013

by ForexCycle.com | September 4, 2013 02:59
AUDUSD Analysis. AUDUSD failed to break below 0.8847 support, and rebounded from 0.8892, suggesting that lengthier sideways movement in a range between 0.8847 and 0.9317 is underway. Further rise to test 0.9317 resistance could be expected, as...

Daily Forex Analysis – September 3, 2013

by ForexCycle.com | September 3, 2013 03:06
AUDUSD Analysis. AUDUSD stays within a downward price channel on 4-hour chart, and remains in short term downtrend from 0.9232. Resistance is at the upper line of the channel, as long as the channel resistance holds, the...

Daily Forex Analysis – September 2, 2013

by ForexCycle.com | September 2, 2013 01:56
GBPUSD Analysis. GBPUSD is facing the support of the lower line of the price channel on 4-hour chart. As long as the channel support holds, the fall from 1.5717 could be treated as consolidation of the uptrend...