GBPUSD Weekly Analysis – June 28, 2014
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low). Further rise could be expected in a couple of weeks, and next target would be at 1.7300 area. Near term support is located at the rising trend...
Author: ForexCycle.com
EURUSD Weekly Analysis – June 28, 2014
EURUSD failed to break below 1.3477 key support, indicating that the pair remains in uptrend from 1.2747 (Apr 4, 2013 low), and the fall from 1.3993 could be treated as consolidation of the uptrend. As long as...
Inside Look: Check out this Unprecedented Bear Market Formation Since 2000
By Elliott Wave International Editor’s Note: Below you will find a sneak peek from the just-published issue of Robert Prechter’s Theorist. It provides you an opportunity to see some of the research, analysis and forecasts that Elliott...
USDCAD Daily Analysis – June 27, 2014
USDCAD’s downward movement from 1.0960 extended to as low as 1.0679. Resistance is now at 1.0735, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0600 area....
USDCHF Daily Analysis – June 27, 2014
USDCHF is facing 0.8907 support, a breakdown below this level will confirm that the uptrend from 0.8703 (May 8 low) had completed at 0.9036 already, then next target would be at 0.8800 area. Near tern resistance is...
USDJPY Daily Analysis – June 27, 2014
USDJPY broke below 101.60 support and continued its downward movement from 102.79, and the fall extended to as low as 101.31. Further decline is still possible, and next target would be at 100.00 area. Resistance is now...
AUDUSD Daily Analysis – June 27, 2014
AUDUSD is facing 0.9444 resistance, a break above this level will signal resumption of the uptrend from 0.9208, then next target would be at 0.9500 area. Key support is at 0.9321, only break below this level will...
GBPUSD Daily Analysis – June 27, 2014
GBPUSD is facing 1.7062 resistance, a break above this level will signal resumption of the uptrend from 1.6692, then next target would be at 1.7200 area. Key support is at 1.6921, only break below this level will...
EURUSD Daily Analysis – June 27, 2014
EURUSD remains in short term uptrend from 1.3512, as long as 1.3564 support holds, the uptrend could be expected to continue, and another rise to test 1.3676 resistance is still possible. Only break below 1.3564 support will...
USDCAD Daily Analysis – June 26, 2014
USDCAD is in consolidation of the downtrend from 1.0960, range trading between 1.0715 and 1.0780 would likely be seen in a couple of days. Resistance is at 1.0780, as long as this level holds, the downtrend could...