GBPUSD Weekly Analysis – April 6, 2014
GBPUSD stays in a upward price channel on daily chart. As long as the channel support holds, the uptrend from 1.4813 (Jul 9, 2013 low) could be expected to resume, and another rise towards 1.7000 is still...
Author: ForexCycle.com
EURUSD Weekly Analysis – April 6, 2014
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3892 could be treated as consolidation of the uptrend. Pullback to 1.3550 area to complete the consolidation would likely be seen. Resistance is...
USDCAD Daily Analysis – April 3, 2014
USDCAD moved sideways in a narrow range between 1.1000 and 1.1077. Resistance is at 1.1077, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 1.1278,...
USDCHF Daily Analysis – April 3, 2014
USDCHF stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.8699. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 0.8950...
USDJPY Daily Analysis – April 3, 2014
USDJPY remains in uptrend from 101.72. Further rise could be expected after a minor consolidation, and next target would be at 104.50 area. Support is at 103.10, only break below this level could signal completion of the...
AUDUSD Daily Analysis – April 3, 2014
AUDUSD moved sideways in a narrow range between 0.9213 and 0.9303. Support is at 0.9213, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from 0.8995,...
GBPUSD Daily Analysis – April 3, 2014
GBPUSD remains in uptrend from 1.6465, the fall from 1.6684 is likely consolidation of the uptrend. Deeper decline is possible, and the target would be at 1.6550 area. Resistance is at 1.6684, a break above this level...
EURUSD Daily Analysis – April 3, 2014
EURUSD is now in uptrend from 1.3705, the fall from 1.3820 is likely correction of the uptrend. As long as 1.3705 key support holds, another rise could be expected, and next target would be at 1.3900 area....
USDCAD Daily Analysis – April 2, 2014
USDCAD continued its sideways movement in a range between 1.1000 and 1.1077. As long as 1.1077 resistance holds, the downtrend from 1.1278 could be expected to resume, and next target would be at 1.0950 area. However, a...
USDCHF Daily Analysis – April 2, 2014
USDCHF is facing the support of lower line of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 0.8699 could be expected to resume, and one more rise to 0.8950...