AUDUSD Daily Analysis – September 8, 2014

by ForexCycle.com | September 8, 2014 2:44 am
AUDUSD’s upward movement from 0.9237 extended to as high as 0.9401. Further rise could be expected after a minor consolidation, and next target would be at 0.9450 area. Support is at 0.9315, only break below this level...

GBPUSD Daily Analysis – September 8, 2014

by ForexCycle.com | September 8, 2014 2:43 am
GBPUSD’s downward movement from 1.6643 extended to as low as 1.6168. Further decline could be expected after a minor consolidation, and next target would be at 1.6000 area. Near term resistance is at 1.6280, only break above...

EURUSD Daily Analysis – September 8, 2014

by ForexCycle.com | September 8, 2014 2:43 am
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411. Further decline could be expected after a minor consolidation, and next target would be at 1.2800 area. Near term resistance is...

USDCAD Weekly Analysis – September 7, 2014

by ForexCycle.com | September 7, 2014 7:58 am
No changed in our view, USDCAD remains in uptrend from 1.0619, the price action from 1.0985 is treated as consolidation of the uptrend. Support is at 1.0800, as long as this level holds, the uptrend could be...

USDCHF Weekly Analysis – September 7, 2014

by ForexCycle.com | September 7, 2014 7:58 am
USDCHF stays above the upward trend line on daily chart, and remains in uptrend from 0.8703. Near term support is at 0.9240, as long as this level holds, the uptrend could be expected to continue, and next...

USDJPY Weekly Analysis – September 7, 2014

by ForexCycle.com | September 7, 2014 7:57 am
USDJPY broke above 105.44 (Jan 2 high) resistance, indicating that the long term uptrend from 75.57 (Oct 31, 2011 low) has resumed. Further rise could be expected over the next several weeks, and next target would be...

AUDUSD Weekly Analysis – September 7, 2014

by ForexCycle.com | September 7, 2014 7:57 am
AUDUSD continued its sideways movement in a range between 0.9202 and 0.9504. The 0.9504 resistance would be tested next week, a break of this level will indicate that the uptrend from 0.8660 has resumed, then next target...

GBPUSD Weekly Analysis – September 7, 2014

by ForexCycle.com | September 7, 2014 7:56 am
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190, and the fall extended to as low as 1.6280. As long as the trend line resistance holds, the downtrend could be...

EURUSD Weekly Analysis – September 7, 2014

by ForexCycle.com | September 7, 2014 7:55 am
EURUSD’s downward movement from 1.3993 extended to as low as 1.2919. Further decline could be expected after a minor consolidation, and next target would be at 1.2700 area. Near term resistance is at 1.3040, as long as...