USDCAD Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:19 pm
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDCHF Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:19 pm
USDCHF’s upward movement from 0.8855 extended to as high as 0.9683. Further rise could be expected, and next target would be at 0.9900 area. Support is at 0.9500, only break below this level will indicate that consolidation...

USDJPY Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:18 pm
USDJPY stays in the upward price channel on daily chart. As long as the channel support holds, the uptrend from 101.06 could be expected to continue, and next target would be at 115.00 area. On the downside,...

AUDUSD Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:18 pm
AUDUSD broke below 0.8660 (Jan 24 low) support. Further decline would likely be seen, and next target would be at 0.8200 area. Resistance is at 0.8830, only break above this level will indicate that consolidation of the...

GBPUSD Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:17 pm
GBPUSD broke below 1.6051 support, indicating that the downtrend from 1.7190 has resumed. Further decline could be expected, and next target would be at 1.5500 area. Near term resistance is at 1.6100, only break above this level...

EURUSD Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:16 pm
EURUSD remains in downtrend from 1.3700, and the fall extended to as low as 1.2500. Resistance is now at 1.2700, as long as this level holds, the downtrend could be expected to continue, and next target would...

USDCAD Daily Analysis – October 3, 2014

by ForexCycle.com | October 3, 2014 2:14 am
USDCAD is in consolidation of the uptrend from 1.0810. Range trading between 1.0980 and 1.1222 would likely be seen over the next several days. Resistance is at 1.1222, only break above this level could trigger another rise...

USDCHF Daily Analysis – October 3, 2014

by ForexCycle.com | October 3, 2014 2:14 am
USDCHF’s fall from 0.9596 extended to as low as 0.9516, as long as 0.9485 support holds, the fall could be treated as consolidation of the uptrend from 0.9300, another rise to 0.9700 area is still possible. On...

USDJPY Daily Analysis – October 3, 2014

by ForexCycle.com | October 3, 2014 2:13 am
USDJPY broke below 108.24 support, indicating that consolidation of the uptrend from 101.06 (Jul 10 low) is underway. Range trading between 107.00 and 110.08 would likely be seen over the next several days. Key support is at...

AUDUSD Daily Analysis – October 3, 2014

by ForexCycle.com | October 3, 2014 2:12 am
AUDUSD’s rise from 0.8663 extended to as high as 0.8826. Further rise would likely be seen and the target would be at 1.8900 area. Support levels are at 0.8720 and 0.8663, only break below these levels could...