USDJPY Weekly Analysis – December 1, 2013

by ForexCycle.com | December 1, 2013 8:48 am
USDJPY breaks above 101.53 resistance, suggesting that the uptrend from 75.57 (Oct 31, 2011 low) has resumed. Further rise could be expected over the next several weeks, and next target would be at 105.00 area. Support is...

AUDUSD Weekly Analysis – December 1, 2013

by ForexCycle.com | December 1, 2013 8:47 am
AUDUSD continues its downward movement from 0.9756, and the fall extends to as low as 0.9140. Resistance is located at the falling trend line on daily chart, as long as the trend line resistance holds, further decline...

GBPUSD Weekly Analysis – December 1, 2013

by ForexCycle.com | December 1, 2013 8:46 am
GBPUSD breaks above 1.6259 previous high resistance, and reaches as high as 1.6384, suggesting that the uptrend from 1.4813 has resumed. Further rise could be expected in a couple of weeks, and next target would be at...

EURUSD Weekly Analysis – December 1, 2013

by ForexCycle.com | December 1, 2013 8:45 am
EURUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.2747, the fall from 1.3832 is likely consolidation of the uptrend. Range trading between 1.3296 and 1.3832 could be expected to continue...

USDCAD Analysis – November 24, 2013

by ForexCycle.com | November 24, 2013 8:59 am
USDCAD is facing 1.0608 resistance, a break above this level will confirm that the uptrend from 0.9632 (Sep 14, 2012) low has resumed, then the target would be at 1.1000 area. Support is at 1.0390, only break...

USDCHF Analysis – November 24, 2013

by ForexCycle.com | November 24, 2013 8:59 am
USDCHF remains in downtrend from 0.9751, the rise from 0.8890 could be treated as consolidation of the downtrend. Initial resistance is at the upper line of the price channel on daily chart, and key resistance is at...

USDJPY Analysis – November 24, 2013

by ForexCycle.com | November 24, 2013 8:58 am
USDJPY is facing 101.53 resistance, a break above this level could signal resumption of the uptrend from 75.57 (Oct 31, 2011 low), then the target would be at 110.00 area. Key support is at 93.79, only break...

AUDUSD Analysis – November 24, 2013

by ForexCycle.com | November 24, 2013 8:57 am
AUDUSD stays below a downward trend line on daily chart, and remains in downtrend from 0.756, and the fall extends to as low as 0.9143. Initial resistance is at the trend line, as long as the trend...

GBPUSD Analysis – November 24, 2013

by ForexCycle.com | November 24, 2013 8:57 am
GBPUSD is facing 1.6259 resistance, a break above this level will signal resumption of the uptrend from 1.4813, then next target would be at 1.6500 area. Key support is at 1.5854, a breakdown below this level will...

EURUSD Analysis – November 24, 2013

by ForexCycle.com | November 24, 2013 8:54 am
EURUSD remains in uptrend from 1.2747 (Apr 4 low), the fall from 1.3832 is treated as consolidation of the uptrend. Support is located at the lower line of the price channel on daily chart, as long as...