GBPUSD Weekly Analysis – December 14, 2013

by ForexCycle.com | December 14, 2013 1:34 pm
GBPUSD’s upward movement from 1.4813 extended to as high as 1.6465. Further rise would likely be seen, and next target would be at 1.7000. Support is at 1.6200, only break below this level will indicate that consolidation...

EURUSD Weekly Analysis – December 14, 2013

by ForexCycle.com | December 14, 2013 1:31 pm
EURUSD is facing 1.3832 resistance, a break above this level will indicate that the uptrend from 1.2756 has resumed, then further rise towards 1.4500 could be seen. However, as long as 1.3832 resistance holds, the sideways movement...

USDCAD Weekly Analysis – December 8, 2013

by ForexCycle.com | December 8, 2013 4:20 am
USDCAD’s upward movement from 1.0182 extends to as high as 1.0707. Support is now at 1.0550, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1000 area.

USDCHF Weekly Analysis – December 8, 2013

by ForexCycle.com | December 8, 2013 4:19 am
USDCHF is facing 0.8890 support, a breakdown below this level will signal resumption of the downtrend from 0.9751, then next target would be at 0.8500 area. Resistance is at the upper line of the downward price channel...

USDJPY Weekly Analysis – December 8, 2013

by ForexCycle.com | December 8, 2013 4:18 am
USDJPY is facing 103.73 resistance, a break above this level will confirm that the uptrend from 75.57 (Oct 31, 2011 low) has resumed, then the following upward movement could bring price to 110.00 area.

AUDUSD Weekly Analysis – December 8, 2013

by ForexCycle.com | December 8, 2013 4:17 am
AUDUSD stays below a downward trend line on daily chart, and the fall extends to as low as 0.8990. Further decline to test 0.8847 support would likely be seen, a break down below this level will signal...

GBPUSD Weekly Analysis – December 8, 2013

by ForexCycle.com | December 8, 2013 4:16 am
GBPUSD remains in uptrend from 1.4813. Further rise could be expected over the next several weeks, and next target would be at 1.7000 area. Key support is at 1.5854, only break below this level will indicate that...

EURUSD Weekly Analysis – December 8, 2013

by ForexCycle.com | December 8, 2013 3:57 am
EURUSD’s bounce from 1.3296 extends to as high as 1.3706. Further rise to test 1.3832 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 1.2756, then next target would...

USDCAD Weekly Analysis – December 1, 2013

by ForexCycle.com | December 1, 2013 8:50 am
USDCAD breaks above 1.0608 resistance, suggesting that the uptrend from 0.9632 (Sep 14, 2012 low) has resumed. Further rise could be expected over the next several weeks, and next target would be at 1.1000 area. Support is...

USDCHF Weekly Analysis – December 1, 2013

by ForexCycle.com | December 1, 2013 8:49 am
USDCHF stays in a downward price channel on daily chart, and remains in downtrend from 0.9751, the rise from 0.8890 could be treated as consolidation of the downtrend. Initial resistance is located at the upper line of...