USDJPY Analysis – September 3, 2011

by ForexCycle.com | September 3, 2011 10:11 am
USDJPY remains in downtrend from 85.51, the price action from 76.29 is likely consolidation of downtrend. Another rise is expected next week, and target would be at 79.00 zone. Key support is at 75.96, only break below...

AUDUSD Analysis – September 3, 2011

by ForexCycle.com | September 3, 2011 10:10 am
AUDUSD remains in uptrend from 0.9927. Further rise is still possible next week, and next target would be at 1.0900 area. Key support is at 1.0490, only break below this level will indicate that a cycle top...

GBPUSD Analysis – September 3, 2011

by ForexCycle.com | September 3, 2011 10:10 am
GBPUSD formed a cycle top at 1.6617 on daily chart. The fall from 1.6617 is now treated as resumption of downtrend. Deeper decline could be seen in a couple of weeks, and next target would be at...

EURUSD Analysis – September 3, 2011

by ForexCycle.com | September 3, 2011 10:09 am
After touching the upper border of the price channel on daily chart, EURUSD pulled back again, suggesting that lengthier consolidation of uptrend from 1.3837 is underway. Deeper decline could be seen next week, and target would be...

USDCAD Analysis – August 27, 2011

by ForexCycle.com | August 27, 2011 8:51 am
USDCAD is forming a cycle top at 1.0009 on daily chart. Another fall to test 0.9765 is expected next week, a breakdown below this level will confirm the cycle top, then deeper decline towards 0.9406 previous low...

USDCHF Analysis – August 27, 2011

by ForexCycle.com | August 27, 2011 8:51 am
USDCHF broke above the downtrend line on daily chart, suggesting that the fall from 0.9774 has completed at 0.7067 already. Further rally is still possible in a couple of weeks, and next target would be at 0.8500...

USDJPY Analysis – August 27, 2011

by ForexCycle.com | August 27, 2011 8:50 am
USDJPY is in downtrend from 85.51, the price action from 76.29 is treated as consolidation of downtrend. Another rise would likely be seen next week, and target would be at 79.00 zone. Support is at 75.96, only...

AUDUSD Analysis – August 27, 2011

by ForexCycle.com | August 27, 2011 8:49 am
AUDUSD is in uptrend from 0.9927. Further rise could be expected next week, and next target would be at 1.0800 area. Support is at 1.0300, only break below this level could indicate that lengthier consolidation of uptrend...

GBPUSD Analysis – August 27, 2011

by ForexCycle.com | August 27, 2011 8:49 am
GBPUSD has formed a cycle top at 1.6617 on daily chart. Now the fall from 1.6617 would possibly be resumption of downtrend, deeper decline could be expected in a couple of weeks, and target would be at...

EURUSD Analysis – August 27, 2011

by ForexCycle.com | August 27, 2011 8:47 am
EURUSD is testing the resistance of the price channel on daily chart, a clear break above the channel resistance will indicate that the uptrend from 1.3837 has resumed, then further rise towards 1.4939 previous high could be...