USDJPY Daily Analysis – July 21, 2014

by ForexCycle.com | July 21, 2014 2:52 am
USDJPY stays in a trading range between 101.06 and 101.78. Resistance is at 101.78, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 102.79 (Jun...

AUDUSD Daily Analysis – July 21, 2014

by ForexCycle.com | July 21, 2014 2:51 am
AUDUSD failed to break below 0.9328 support, indicating that lengthier sideways movement in a range between 1.9328 and 1.9455 is underway. Resistance is at 0.9455, as long as this level holds, another fall to test 0.9328 support...

GBPUSD Daily Analysis – July 21, 2014

by ForexCycle.com | July 21, 2014 2:51 am
GBPUSD broke below 1.7059 support, indicating that the uptrend from 1.6692 had completed at 1.7190 already. Further decline could be expected and the target would be at 1.6850 area. Resistance levels are at 1.7120 and 1.7190, only...

EURUSD Daily Analysis – July 21, 2014

by ForexCycle.com | July 21, 2014 2:50 am
EURUSD’s downward movement from 1.3700 extended to as low as 1.3490. Further decline could be expected after a minor consolidation, and next target would be at 1.3300 area. Resistance is located at the upper line of the...

USDCAD Weekly Analysis – July 20, 2014

by ForexCycle.com | July 20, 2014 4:00 am
USDCAD is testing the trend line resistance, as long as the pair stays below the trend line, the downtrend from 1.1278 could be expected to continue, and next target would be at 1.0300 area. On the upside,...

USDCHF Weekly Analysis – July 20, 2014

by ForexCycle.com | July 20, 2014 4:00 am
USDCHF is facing 0.9036 resistance, a break above this level will indicate that the downtrend from 0.9838 (May 22, 2013 high) had completed at 0.8699 already, then the following upward movement could bring price to 1.0500 area....

USDJPY Weekly Analysis – July 20, 2014

by ForexCycle.com | July 20, 2014 3:59 am
USDJPY is testing 100.75 support, a breakdown below this level will indicate that the long term uptrend from 75.57 (Oct 31, 2011 low) had completed at 105.44 already, then deeper decline to 97.00 area could be seen....

AUDUSD Weekly Analysis – July 20, 2014

by ForexCycle.com | July 20, 2014 3:58 am
AUDUSD moved sideways in a 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 from 0.8660, another rise to 1.0000...

GBPUSD Weekly Analysis – July 20, 2014

by ForexCycle.com | July 20, 2014 3:57 am
GBPUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.7190 could be treated as consolidation of the uptrend. As long as the trend...

EURUSD Weekly Analysis – July 20, 2014

by ForexCycle.com | July 20, 2014 3:57 am
EURUSD is facing 1.3477 support again, a breakdown below this level will confirm that the long term uptrend from 1.2747 (Apr 4, 2013 low) had completed at 1.3993 already, then next target would be at 1.3000 area....