USDCHF Weekly Analysis – August 30, 2014

by ForexCycle.com | August 30, 2014 1:50 pm
USDCHF remains in uptrend from 0.8699. Further rise could be expected after a minor consolidation, and next target would be at 0.9500 area. Support levels are at 0.9100 and 0.9020, only break below these levels could signal...

USDJPY Weekly Analysis – August 30, 2014

by ForexCycle.com | August 30, 2014 1:49 pm
USDJPY moved sideways in a range between 100.75 and 105.44. As long as 100.75 key support holds, the price action in the range could be treated as consolidation of the uptrend from 75.57 (Oct 31, 2011 low),...

AUDUSD Weekly Analysis – August 30, 2014

by ForexCycle.com | August 30, 2014 1:49 pm
AUDUSD failed to break below 0.9202 support, and stayed in the trading range between 0.9202 and 0.9504. As long as 0.9202 support holds, the price action in the range could be treated as consolidation of the uptrend...

GBPUSD Weekly Analysis – August 30, 2014

by ForexCycle.com | August 30, 2014 1:48 pm
GBPUSD’s downward movement extended to as low as 1.6536. Resistance is at 1.6650, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.6000 area. Only break above...

EURUSD Weekly Analysis – August 30, 2014

by ForexCycle.com | August 30, 2014 1:48 pm
EURUSD continued its downward movement from 1.3993, and the fall extended to as low as 1.3129. Further decline could be expected in a couple of weeks, and next target would be at 1.2700 area. Near term resistance...

USDCAD Daily Analysis – August 29, 2014

by ForexCycle.com | August 29, 2014 7:01 am
USDCAD remains in downtrend from 1.0997, the rise from 1.0828 is likely consolidation of the downtrend. Resistance is at 1.0900, as long as this level holds, the downtrend could be expected to continue, and next target would...

USDCHF Daily Analysis – August 29, 2014

by ForexCycle.com | August 29, 2014 7:00 am
USDCHF is in consolidation of the uptrend from 0.8855 (Jul 1 low). Deeper decline would likely be seen and the target would be at 0.9080 area. Support levels are at 0.9125 and 0.9080, as long as these...

USDJPY Daily Analysis – August 29, 2014

by ForexCycle.com | August 29, 2014 6:59 am
USDJPY moved sideways in a range between 103.49 and 104.26. As long as 103.49 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.50, further rise could be expected...

AUDUSD Daily Analysis – August 29, 2014

by ForexCycle.com | August 29, 2014 6:55 am
AUDUSD is now in uptrend from 0.9237. Further rise is still possible after a minor consolidation, and the target would be at 0.9450 area. Support is at the upward trend line on 4-hour chart, only a clear...

GBPUSD Daily Analysis – August 29, 2014

by ForexCycle.com | August 29, 2014 6:54 am
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend from 1.7190 could be expected to resume, and another fall towards 1.6400 is still...