GBPUSD Analysis – August 18, 2013
GBPUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.4813, and the rise extends to as high as 1.5656. Further rise is still possible, and next target would be at 1.5800...
Author: ForexCycle.com
EURUSD Analysis – August 18, 2013
EURUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.2756. As long as the channel support holds, the uptrend could be expected to continue, and further rise to 1.3500 area would...
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USDCAD Analysis – August 10, 2013
USDCAD is facing 1.0245 support, a breakdown below this level will indicate that the downtrend from 1.0608 has resumed, then next target would be at 1.0150 area. Resistance is at 1.0445, only break above this level could...
USDCHF Analysis – August 10, 2013
USDCHF is testing 0.9130 support, as long as this level holds, the range trading between 0.9130 and 0.9838 could be expected to continue, and another rise to 0.9650 area is still possible.
USDJPY Analysis – August 10, 2013
USDJPY stays in a trading range between 93.79 and 103.73. Key support is at 93.79, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend 75.57 (Oct...
AUDUSD Analysis – August 10, 2013
AUDUSD remains in downtrend from 1.0582, the rise from 0.8847 is likely consolidation of the downtrend. Key resistance is at 0.9344, as long as this level holds, the downtrend could be expected to resume, and one more...
GBPUSD Analysis – August 10, 2013
GBPUSD’s upward movement from 1.4813 extends to as high as 1.5574. Further rise to test 1.5751 resistance would likely be seen next week. Support is now located at the upward trend line on daily chart, as long...
EURUSD Analysis – August 10, 2013
EURUSD is facing 1.3415 resistance, as long as this level holds, the price action from 1.2747 could be treated as consolidation of the downtrend from 1.3711, one more fall towards 1.2500 could be expected after consolidation.
USDCAD Analysis – August 3, 2013
USDCAD failed to break below 1.0137 support, and rebounded from 1.0245, suggesting that the fall from 1.0608 had completed. Further rise would likely be seen over the next several weeks, and next target would be at 1.0550...