USDCHF Analysis – May 25, 2013
USDCHF remains in uptrend from 0.9206, the fall from 0.9838 is treated as consolidation of the uptrend. Support is located at the lower line of the price channel on daily chart, as long as the channel support...
Author: ForexCycle.com
USDJPY Analysis – May 25, 2013
USDJPY remains in uptrend from 77.14 (Sep 13, 2012 low), the fall from 103.73 is treated as consolidation of the uptrend. Deeper decline could be expected, and the target would be at 98.00 – 99.00 area.
AUDUSD Analysis – May 25, 2013
AUDUSD continues its downward movement from 1.0582, and the fall extends to as low as 0.9594. Further decline is still possible next week, and next target would be at 0.9500 area.
GBPUSD Analysis – May 25, 2013
GBPUSD’s downward movement from 1.5605 extends to as low as 1.5014. Further decline is still possible next week, and next target would be at 1.4900 area. Resistance is at 1.5250, only break above this level could signal...
EURUSD Analysis – May 25, 2013
EURUSD is facing 1.2747 support, a breakdown below this level will indicate that the downtrend from 1.3711 has resumed, then deeper decline to 1.2250 area could be seen.
USDCAD Analysis – May 18, 2013
USDCAD is facing 1.0341 resistance, a break above this level will indicate that the uptrend from 0.9632 has resumed, then further rise to 1.0500 area could be seen.
USDCHF Analysis – May 18, 2013
USDCHF’s upward movement from 0.9021 extends to as high as 0.9760. Further rise to test 0.9971 resistance is possible next week. As long as 0.9971 resistance holds, the rise from 0.9021 could be treated as correction of...
USDJPY Analysis – May 18, 2013
USDJPY continues its upward movement from 77.14 (Sep 13, 2012 low), and the rise extends to as high as 103.30. Further rise is still possible next week, and next target would be at 106.00 area.
AUDUSD Analysis – May 18, 2013
AUDUSD’s fall from 1.0582 extends to as low as 0.9711. Further decline would likely be seen next week, and next target would be at 0.9500 area. Resistance is at 0.9900, as long as this level holds, the...
GBPUSD Analysis – May 18, 2013
GBPUSD broke below the lower line of the price channel on daily chart suggesting that the uptrend from 1.4831 had completed at 1.5605 already. Deeper decline is still possible next week, and the target would be at...