USDJPY Analysis – January 19, 2013
USDJPY remains in uptrend from 77.14, and the rise extends to as high as 90.18. Further rise could be expected after a minor consolidation, and next target would be at 88.00.
Author: ForexCycle.com
AUDUSD Analysis – January 19, 2013
AUDUSD remains in uptrend from 1.0149. Another rise could be expected after consolidation, and next target would be at 1.0700 area. Support is located at the upward trend line on daily chart, only a clear break below...
GBPUSD Analysis – January 19, 2013
GBPUSD is facing 1.5827 support, a breakdown below this level will indicate that the uptrend from 1.5268 had completed at 1.6339 already, then the following downward movement could bring price to 1.5400 area.
EURUSD Analysis – January 19, 2013
EURUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.2661. Further rise could be expected after a minor consolidation, and next target would be at 1.3500 area.
USDCAD Analysis – January 13, 2013
USDCAD breaks below 0.9824 support and reaches as low as 0.9815, suggesting that the downtrend from 1.0055 has resumed. Further decline could be expected next week, and next target would be at 0.9700 area.
USDCHF Analysis – January 13, 2013
USDCHF has formed a cycle top at 0.9302 on daily chart. Further decline to test 0.9083 support could be seen next week, a breakdown below this level will signal resumption of the downtrend from 0.9511, then next...
USDJPY Analysis – January 13, 2013
USDJPY’s upward movement from 77.14 extends to as high as 89.44. Further rise could be expected next week, and next target would be at 91.00 area. Support is now at 88.00 only break below this level will...
AUDUSD Analysis – January 13, 2013
AUDUSD breaks above 1.0585 previous high resistance, suggest that the uptrend from 1.0149 has resumed. Further rise could be expected and next target would be at 1.0700 area. Support is at 1.0470, only break below this level...
GBPUSD Analysis – January 13, 2013
GBPUSD may be forming a cycle bottom at 1.5993 on daily chart. Another rise towards 1.6500 would likely be seen over the next several weeks, and a break above 1.6200 will confirm the resumption of the uptrend...
EURUSD Analysis – January 13, 2013
EURUSD has formed a cycle bottom at 1.2998 on daily chart, and the rise from 1.2998 is likely resumption of the uptrend from 1.2661. The uptrend could be expected to continue next week, and next target would...