AUDUSD Daily Analysis – August 11, 2014

by ForexCycle.com | August 11, 2014 3:07 am
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9470. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

GBPUSD Daily Analysis – August 11, 2014

by ForexCycle.com | August 11, 2014 3:06 am
GBPUSD’s downward movement from 1.7190 extended to as low as 1.6766. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.6500 area. Key resistance is...

EURUSD Daily Analysis – August 11, 2014

by ForexCycle.com | August 11, 2014 3:06 am
EURUSD is facing 1.3444 resistance, as long as this level holds, the price action in the trading range between 1.3333 and 1.3444 could be treated as consolidation of the downtrend from 1.3700, another fall towards 1.3000 could...

USDCAD Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 7:04 am
USDCAD remains in uptrend from 1.0619, and the rise extended to as high as 1.0985. Further rise could be expected after a minor consolidation, and next target would be at 1.1200 area. Support is at 1.0850, only...

USDCHF Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 7:03 am
USDCHF remains in uptrend from 0.8699, and the rise extended to as high as 0.9114. Further rise could be expected after a minor consolidation, and next target would be at 0.9400 area. Support is at 0.8900, only...

USDJPY Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 7:02 am
USDJPY continued its sideways movement in a trading range between 100.75 and 104.12. Key support is at 100.75, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 75.57...

AUDUSD Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 7:02 am
AUDUSD is facing 0.9202 support, a breakdown below this level will indicate that the uptrend from 0.8660 had completed at 0.9504 already, then the following downward movement could bring price to 0.8000 area. However, as long as...

GBPUSD Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 7:01 am
GBPUSD is facing 1.6692 support, a breakdown below this level will confirm that the uptrend from 1.4813 (Jul 9, 2013 low) had completed at 1.7190 already, then next target would be at 1.6300 area. Resistance is at...

EURUSD Weekly Analysis – August 10, 2014

by ForexCycle.com | August 10, 2014 6:55 am
EURUSD remains in downtrend from 1.3993, and the fall extended to as low as 1.3332. Further decline could be expected, and next target would be at 1.3000 area. Resistance is at 1.3550, only break above this level...