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Forex Cycle author page

Author

Franco

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forexcycle@gmail.com

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Forex Cycle. See more Forex Analysis from forex cycle.

Latest Posts by Forex Cycle:

Author Archive

USDCHF pulls back from 0.9271

June 19th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

Being contained by the resistance of the upper line of the price channel on 4-hour chart, USDCHF pulls back from 0.9271, suggesting that the pair remains in downtrend from 0.9838, ... Read more

EURUSD remains in uptrend from 1.2796

June 18th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD remains in uptrend from 1.2796, the fall from 1.3390 is treated as consolidation of the uptrend. Support is now located at the lower line of the price channel on ... Read more

USDCHF is facing channel resistance

June 17th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCHF is facing the resistance of the upper line the price channel again. As long as the channel resistance holds, the rise from 0.9130 could be treated as consolidation of ... Read more

USDCHF continues its downward movement from 0.9838

June 14th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCHF continues its downward movement from 0.9838, and the fall extends to as low as 0.9130. Resistance is located at the upper line of the downward price channel on 4-hour ... Read more

AUDUSD remains in downtrend from 1.0582

June 13th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

AUDUSD remains in downtrend from 1.0582 (Apr 11 high), the bounce from 0.9326 is likely consolidation of the downtrend. Key resistance is located at the upper line of the price ... Read more

GBPUSD is facing 1.5683 resistance

June 12th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

GBPUSD is facing 1.5683 resistance, a break above this level will signal resumption of the uptrend from 1.5008, then next target would be at 1.5700 area. Initial support is at ... Read more

GBPUSD is facing trend line support

June 11th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

GBPUSD is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the fall from 1.5683 could be treated as consolidation ... Read more

EURUSD stays above a upward trend line

June 10th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.2796, the fall from 1.3305 is treated as consolidation of the uptrend. As long as ... Read more

AUDUSD remains in downtrend from 1.0582

June 7th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

AUDUSD remains in downtrend from 1.0582 (Apr 11 high), the bounce from 0.9434 is likely consolidation of the downtrend. Range trading between 0.9434 and 0.9791 could be expected in a ... Read more

AUDUSD breaks below 0.9528 support

June 6th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

AUDUSD breaks below 0.9528 support, and continues its downward movement from 1.0582 (Apr 11 high), and the fall has extended to as low as 0.9448. Further decline could be expected, ... Read more

AUDUSD stays in a trading range

June 5th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

AUDUSD stays in a trading range between 0.9528 and 0.9791. Key resistance is now at 0.9791, as long as this level holds, the price action in the range could be ... Read more

USDCAD stays in a trading range

June 3rd, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

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 ... Read more

USDCAD is facing 1.0286 key support

May 31st, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCAD is facing 1.0286 key support, a breakdown below this level will indicate that the uptrend from 1.0013 had completed at 1.0420 already, then the following downward movement could bring ... Read more

EURUSD is facing 1.2998 key resistance

May 30th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD is facing 1.2998 key resistance, a break above this level will indicate that the downward movement from 1.3242 had completed at 1.2796 already, then the following upward movement could ... Read more

EURUSD continues sideways movement

May 29th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD continues its sideways movement in a range between 1.2796 and 1.2998. Key resistance is at 1.2998, as long as this level holds, the sideways movement could be treated as ... Read more

GBPUSD failed to break above channel resistance

May 28th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

GBPUSD failed to break above the upper line of the price channel on 4-hour chart, suggesting that the pair remains in downtrend from 1.5605, the price action from 1.5014 could ... Read more

GBPUSD remains in downtrend from 1.5605

May 27th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

GBPUSD remains in downtrend from 1.5605, the rise from 1.5014 is treated as consolidation of the downtrend. Resistance is at the upper line of the price channel on 4-hour chart, ... Read more

EURUSD remains in downtrend from 1.3242

May 24th, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD remains in downtrend from 1.3242, the price action from 1.2796 is treated as consolidation of the downtrend. Range trading between 1.2796 and 1.2998 would likely be seen in a ... Read more

EURUSD’s rise from 1.2796 extends to 1.2938

May 22nd, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD’s rise from 1.2796 extends to as high as 1.2938. However, the rise is likely consolidation of the downtrend from 1.3242. Resistance is located at the upper line of the ... Read more

USDCAD pulls back from 1.0312

May 21st, 2013 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

Being contained by 1.0341 resistance, USDCAD pulls back from 1.0312. However, the fall is likely consolidation of the uptrend from 1.0013, one more rise to re-test 1.0341 resistance is possible, ... Read more