USDJPY Analysis – July 28, 2012
USDJPY is facing the support of 77.66, a breakdown below this level will indicate that the downtrend from 84.17 has resumed, then deeper decline towards 76.00 could be seen. On the other side, as long as 77.66...
Author: ForexCycle.com
AUDUSD Analysis – July 28, 2012
AUDUSD’s upward movement from 0.9581 extends to as high as 1.0485. Further rise could be expected next week, and next target would be at 1.0650 area. Key support is now at 1.0176, only break below this level...
GBPUSD Analysis – July 28, 2012
GBPUSD is facing 1.5776 resistance. As long as this level holds, the rise from 1.5268 could be treated as consolidation of the downtrend from 1.6301 and another fall towards 1.5000 is still possible. However, a break above...
EURUSD Analysis – July 28, 2012
EURUSD has formed a cycle bottom at 1.2042 on daily chart. Further rally could be expected next week, and the target would be at 1.2600 area. Key resistance is at 1.2747, as long as this level holds,...
USDCAD Analysis – July 22, 2012
After consolidation, USDCAD continues its downward movement from 1.0445, and the fall extends to as low as 1.0065. Further decline would likely be seen over the next several days, and next target would be at 1.0000 area....
USDCHF Analysis – July 22, 2012
USDCHF’s uptrend from 0.9421 extends to as high as 0.9886. Further rise could be expected over the next several days, and next target would be at 1.0000. Key support is at 0.9740, only break below this level...
USDJPY Analysis – July 22, 2012
USDJPY’s downward movement from 80.61 extends to as low as 78.43. Further decline would likely be seen over the next several days, and next target would be at 76.00 area. Resistance is now at 79.50, only break...
AUDUSD Analysis – July 22, 2012
After consolidation, AUDUSD continues its upwards movement from 0.9581, and the rise extends to as high as 1.0443. Further rise is still possible over the next several days, and next target would be at 1.0600 area. Key...
GBPUSD Analysis – July 22, 2012
GBPUSD moves sideways in a range between 1.5268 and 1.5776. As long as 1.5776 resistance holds, the price action in the range is treated as consolidation of the downtrend from 1.6301, and another fall towards 1.5000 is...
EURUSD Analysis – July 22, 2012
EURUSD continues its downward movement from 1.2747 and the fall extends to as low as 1.2144. Further decline is still possible over the next several days, and next target would be at 1.2000. Key resistance is now...