USDCAD Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 7:04 am
USDCAD remains in uptrend from 1.0619, and the rise extended to as high as 1.0985. Further rise could be expected after a minor consolidation, and next target would be at 1.1200 area. Support is at 1.0850, only...

USDCHF Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 7:03 am
USDCHF remains in uptrend from 0.8699, and the rise extended to as high as 0.9114. Further rise could be expected after a minor consolidation, and next target would be at 0.9400 area. Support is at 0.8900, only...

USDJPY Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 7:02 am
USDJPY continued its sideways movement in a trading range between 100.75 and 104.12. Key support is at 100.75, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 75.57...

AUDUSD Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 7:02 am
AUDUSD is facing 0.9202 support, a breakdown below this level will indicate that the uptrend from 0.8660 had completed at 0.9504 already, then the following downward movement could bring price to 0.8000 area. However, as long as...

GBPUSD Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 7:01 am
GBPUSD is facing 1.6692 support, a breakdown below this level will confirm that the uptrend from 1.4813 (Jul 9, 2013 low) had completed at 1.7190 already, then next target would be at 1.6300 area. Resistance is at...

EURUSD Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 6:55 am
EURUSD remains in downtrend from 1.3993, and the fall extended to as low as 1.3332. Further decline could be expected, and next target would be at 1.3000 area. Resistance is at 1.3550, only break above this level...

USDCAD Daily Analysis – August 8, 2014

by ForexCycle.com | August 8, 2014 2:19 am
USDCAD remains in uptrend from 1.0619, the fall from 1.0985 could be treated as consolidation of the uptrend. Support is at 1.0875, as long as this level holds, the uptrend will continue, and next target would be...

USDCHF Daily Analysis – August 8, 2014

by ForexCycle.com | August 8, 2014 2:19 am
USDCHF moved sideways in a trading range between 0.9040 and 0.9114. As long as 0.9040 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8855. Further rise could be...

USDJPY Daily Analysis – August 8, 2014

by ForexCycle.com | August 8, 2014 2:18 am
USDJPY remains in downtrend from 103.08, the bounce from 101.78 is likely consolidation of the downtrend. Further decline could be expected, and next target would be at 101.00 area. Resistance is at 102.45, only break above this...