AUDUSD Weekly Analysis – September 25, 2016

by ForexCycle.com | September 25, 2016 2:29 pm
AUDUSD is in downtrend from 0.7755, the rise from 0.7441 is likely consolidation of the downtrend. Another fall could be expected, and next target would be at 0.6900 zone. Resistance is at 0.7755, only break above this...

GBPUSD Weekly Analysis – September 25, 2016

by ForexCycle.com | September 25, 2016 2:29 pm
GBPUSD is facing 1.2795 support again, a breakdown below this level will indicate that the downtrend from 1.5016 has resumed, then next target would be at 1.2000 zone. On the other side, rebound is possible before breaking...

EURUSD Weekly Analysis – September 25, 2016

by ForexCycle.com | September 25, 2016 2:28 pm
EURUSD moved sideways in a narrow range between 1.1122 and 1.1366. As long as 1.1122 support holds, the sideways movement could possibly be consolidation of the uptrend from 1.0911, another rise towards 1.2000 is still possible after...

USD/JPY Forecast September 26, 2016, Technical Analysis

by FX Empire | September 24, 2016 7:50 am
The USD/JPY pair went back and forth during the course of the session on Friday, ultimately settling on a neutral candle. At the Queen a pullback from here, but at this point in time the 100 level...

USD/CAD Forecast September 26, 2016, Technical Analysis

by FX Empire | September 24, 2016 7:49 am
The bestseller rallied against the Canadian dollar during the day on Friday, breaking above the top of the hammer from the Thursday session. By doing so, we started to reach towards the 1.32 level above, which I...

GBP/USD Forecast September 26, 2016, Technical Analysis

by FX Empire | September 24, 2016 7:48 am
The British pound fell during the day on Friday, breaking below the 1.30 level at one point. I still believe that we will probably continue to go lower, perhaps reaching towards the 1.2850 level below. The negative...

EUR/USD Forecast September 26, 2016, Technical Analysis

by FX Empire | September 24, 2016 7:46 am
The EUR/USD pair initially fell during the course of the session on Friday, but turn right back around to slam into the 1.1250 level above. With this, the market looks likely to find quite a bit of...

AUD/USD Forecast September 26, 2016, Technical Analysis

by FX Empire | September 24, 2016 7:45 am
The AUD/USD pair fell slightly during the course of the session on Friday, breaking the bottom of the shooting star from Thursday. This of course is a fairly negative sign, and as a result I think that...

USD/JPY Forecast September 23, 2016, Technical Analysis

by FX Empire | September 23, 2016 8:47 am
The USD/JPY pair initially fell during the course of the session on Thursday, but found enough support near the 100 level to turn things back around and reach towards the 101 level. I think we will eventually...

USD/CAD Forecast September 23, 2016, Technical Analysis

by FX Empire | September 23, 2016 8:46 am
Be USD/CAD pair broke down during the course of the session on Thursday, touching the 1.30 level. However, that area offered quite a bit of support, and therefore the large, round, psychologically significant number gives us a...