AUDUSD Analysis – November 26, 2011

by ForexCycle.com | November 26, 2011 9:06 am
AUDUSD’s fall extended to as low as 0.9663. Further decline is still possible next week, and next target would be at 0.9550. Resistance is at 0.9900, only break above this level could indicate that the downtrend from...

GBPUSD Analysis – November 26, 2011

by ForexCycle.com | November 26, 2011 9:05 am
GBPUSD’s downward movement from 1.6164 extended to as low as 1.5423. Further fall to test 1.5272 key support could be seen next week, a breakdown below this level will signal resumption of downtrend from 1.6745, then the...

EURUSD Analysis – November 26, 2011

by ForexCycle.com | November 26, 2011 9:04 am
EURUSD is facing 1.3146 support, as long as this level holds, we’d expect uptrend to resume, and one more rise towards 1.5000 is still possible. On the other side, a breakdown below 1.3146 key support will indicate...

USDCAD Analysis – November 19, 2011

by ForexCycle.com | November 19, 2011 1:16 pm
USDCAD’s upward move extended to as high as 1.0300. However, the pair has lost its upward momentum, a breakdown below 1.0100 could signal resumption of downtrend from 1.0656, then another fall towards 0.9406 could be seen.

USDCHF Analysis – November 19, 2011

by ForexCycle.com | November 19, 2011 1:15 pm
USDCHF is facing 0.9314 resistance, as long as this level holds, we’d expect downtrend to resume, and another fall towards 0.8000 would likely be seen. Only break above 0.9314 resistance could resume the uptrend from 0.7067, then...

USDJPY Analysis – November 19, 2011

by ForexCycle.com | November 19, 2011 1:14 pm
USDJPY is forming a sideways consolidation in a range between 75.57 and 79.52. Deeper decline towards 75.57 previous low would likely be seen in a couple of weeks, and uptrend could be expected to resume before breaking...

AUDUSD Analysis – November 19, 2011

by ForexCycle.com | November 19, 2011 1:14 pm
AUDUSD’s downtrend from 1.0751 extended to as low as 0.9963. Further fall could be expected next week, and next target would be at 0.9700. Resistance levels are at 1.0200 and 1.0300, as long as these levels holds,...

GBPUSD Analysis – November 19, 2011

by ForexCycle.com | November 19, 2011 1:13 pm
GBPUSD’s fall from 1.6164 extended to as low as 1.5691. Further fall is still possible next week, and next target would be at 1.5500 area. However, the fall is treated as correction of uptrend from 1.5272, one...

EURUSD Analysis – November 19, 2011

by ForexCycle.com | November 19, 2011 1:10 pm
EURUSD continued its downward movement from 1.4246, and the fall extended to as low as 1.3421. Further fall is still possible next week, and next target would be at 1.3200-1.3300 area. Key resistance is now at 1.3750,...

USDCAD Analysis – November 12, 2011

by ForexCycle.com | November 12, 2011 3:10 am
USDCAD’s upward move extended to as high as 1.0265. Further rise is still possible in a couple of weeks, and target would be at 1.0400. Key support is at 1.0050, a breakdown below this level will indicate...