USDCHF Weekly Analysis – June 7, 2014

by ForexCycle.com | June 7, 2014 1:09 pm
USDCHF remains in downtrend from 0.9838 (May 22, 2013 high), the rise from 0.8699 could be treated as consolidation of the downtrend. Key resistance is at 0.9156, as long as this level holds, the downtrend could be...

USDJPY Weekly Analysis – June 7, 2014

by ForexCycle.com | June 7, 2014 1:09 pm
USDJPY failed to break below 100.75 support and rebounded from 100.82, indicating that lengthier sideways movement in a range between 100.75 and 105.44 is underway. As long as 100.75 support holds, the price action from 105.44 could...

AUDUSD Weekly Analysis – June 7, 2014

by ForexCycle.com | June 7, 2014 1:08 pm
AUDUSD continued its sideways movement in a range between 0.9202 and 0.9461. Key support is at 0.9202, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...

GBPUSD Weekly Analysis – June 7, 2014

by ForexCycle.com | June 7, 2014 1:07 pm
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6996 is likely consolidation of the uptrend. Key support is at 1.6465, as long as this level holds, the uptrend could be expected to...

EURUSD Weekly Analysis – June 7, 2014

by ForexCycle.com | June 7, 2014 1:07 pm
EURUSD is facing 1.3477 key support, as long as this level holds, the fall from 1.3993 could be treated as consolidation of the uptrend from 1.2747 (Apr 4, 2013 low), one more rise to 1.4500 area is...

USDCAD Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:06 am
USDCAD remains in uptrend from 1.0822, the fall from 1.0960 could be treated as consolidation of the uptrend. Support is at 1.0900, as long as this level holds, the uptrend could be expected to continue, and next...

USDCHF Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:06 am
USDCHF broke below 0.8932 support, indicating that the uptrend from 0.8702 had completed at 0.9036 already. The pair is now in downtrend, further decline could be expected, and next target would be at 0.8800 area. Resistance levels...

USDJPY Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:05 am
USDJPY remains in uptrend from 100.83, the fall from 102.79 could be treated as consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds,...

AUDUSD Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:02 am
AUDUSD broke above 0.9329 resistance, indicating that the pair is now in uptrend from 0.9208. Further rise could be expected, and next target would be at 0.9420 area. Support is at 0.9265, as long as this level...

GBPUSD Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:02 am
GBPUSD broke above 1.6782 resistance, indicating that the downtrend from 1.6920 had completed at 1.6692 already. Further rise could be expected over the next several days, and next target would be at 1.6900 – 1.6950 area. Support...