USDCHF Analysis – June 15, 2013

by ForexCycle.com | June 15, 2013 10:28 am
USDCHF breaks below 0.9206 support, suggesting that the upward movement from 0.9021 had completed at 0.9838 already. The pair is now in downtrend from 0.9838, further decline could be expected after a minor consolidation, and next target...

USDJPY Analysis – June 15, 2013

by ForexCycle.com | June 15, 2013 10:27 am
USDJPY is now in downtrend from 103.73. Further decline would likely be seen in a couple weeks, and next target would be at 90.00 area. Resistance is at 98.00 only break above this level will indicate that...

AUDUSD Analysis – June 15, 2013

by ForexCycle.com | June 15, 2013 10:27 am
AUDUSD continues its downward movement from 1.0582, and the fall extends to as low as 0.9326. Further decline is still possible after a minor consolidation, and next target would be at 0.9200 area.

GBPUSD Analysis – June 15, 2013

by ForexCycle.com | June 15, 2013 10:26 am
GBPUSD’s upward movement from 1.5008 extends to as high as 1.5736. Further rise would likely be seen next week, and next target would be at 1.6000 area. Support is at 1.5490, as long as this level holds,...

EURUSD Analysis – June 15, 2013

by ForexCycle.com | June 15, 2013 10:25 am
EURUSD’s upward movement from 1.2796 extends to as high as 1.3390. Further rise could be expected next week, and next target would be at 1.3500 – 1.3600 area. Support is at 1.3170, only break below this level...

USDCAD Analysis – June 9, 2013

by ForexCycle.com | June 9, 2013 2:32 am
USDCAD breaks below 1.0250 support, suggesting hat the uptrend from 1.0013 had completed at 1.0420 already. Further decline could be expected, and next target would be at 1.0050 area.

USDCHF Analysis – June 9, 2013

by ForexCycle.com | June 9, 2013 2:32 am
USDCHF is facing 0.9206 support, a breakdown below this level will confirm that the uptrend from 0.9021 had completed at 0.9838 already, then next target would be at 0.9000 area.

USDJPY Analysis – June 9, 2013

by ForexCycle.com | June 9, 2013 2:30 am
USDJPY breaks below 97.00 key support, suggesting that the uptrend from 77.14 (Sep 13, 2012 low) had completed at 103.73 already. Further decline would likely be seen, and next target would be at 93.00 area.

AUDUSD Analysis – June 9, 2013

by ForexCycle.com | June 9, 2013 2:30 am
AUDUSD remains in downtrend from 1.0582, and the fall extends to as low as 0.9429. Further decline is still possible, and next target would be at 0.9200 area. Key resistance is at 0.9800, only break above this...

GBPUSD Analysis – June 9, 2013

by ForexCycle.com | June 9, 2013 2:29 am
GBPUSD breaks above 1.5605 resistance, suggesting that the uptrend from 1.4831 has resumed. Further rise could be expected in a couple weeks, and next target would be at 1.5900 area.