USDCAD Weekly Analysis – September 20, 2014

by ForexCycle.com | September 20, 2014 1:53 pm
USDCAD remains in uptrend from 1.0619, the price action from 1.0985 could be treated as consolidation of the uptrend. Support is at 1.0800, as long as this level holds, the uptrend could be expected to resume, and...

USDCHF Weekly Analysis – September 20, 2014

by ForexCycle.com | September 20, 2014 1:52 pm
USDCHF’s upward movement from 0.8855 extended to as high as 0.9432. Further rise could be expected over the next several weeks, and next target would be at 0.9700 area. Support is at 0.9299, only break below this...

USDJPY Weekly Analysis – September 20, 2014

by ForexCycle.com | September 20, 2014 1:51 pm
USDJPY continued its upward movement from 101.06, and the rise extended to as high as 109.45. Further rise is still possible, and next target would be at 115.00 area. Support is at 106.50, only break below these...

AUDUSD Weekly Analysis – September 20, 2014

by ForexCycle.com | September 20, 2014 1:51 pm
AUDUSD’s downward movement from 0.9504 extended to as low as 0.8913. Further decline could be expected over the next several weeks, and next target would be at 0.8500 area. Resistance is at 0.9120, as long as this...

GBPUSD Weekly Analysis – September 20, 2014

by ForexCycle.com | September 20, 2014 1:50 pm
GBPUSD broke above the downward trend line on daily chart, indicating that the downtrend from 1.7190 had completed at 1.6051 already. Range trading between 1.6051 and 1.6700 would likely be seen over the next several weeks. Resistance...

EURUSD Weekly Analysis – September 20, 2014

by ForexCycle.com | September 20, 2014 1:50 pm
EURUSD’s downward movement from 1.3700 extended to as low as 1.2825. Further decline would likely be seen over the next several weeks, and next target would be at 1.2300 area. Resistance is now at 1.29954, only break...

USDCAD Daily Analysis – September 19, 2014

by ForexCycle.com | September 19, 2014 2:40 am
USDCAD remains in uptrend from 1.0810, the fall from 1.1098 could be treated as correction of the uptrend. Another rise to 1.1200 area could be expected. Support is at 1.0926, only break below this level will indicate...

USDCHF Daily Analysis – September 19, 2014

by ForexCycle.com | September 19, 2014 2:39 am
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8997, the fall from 0.9432 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...

USDJPY Daily Analysis – September 19, 2014

by ForexCycle.com | September 19, 2014 2:39 am
USDJPY’s upward movement from 101.50 extended to as high as 109.45. Further rise could be expected after a minor consolidation and next target would be at 110.00 area. Support is located at the upward trend line on...