USDJPY Analysis – July 13, 2013

by ForexCycle.com | July 13, 2013 11:57 am
USDJPY’s upward movement from 93.79 reached 101.53 only. The subsequent fall suggests that a sideways movement in a range between 93.79 and 103.73 is underway.

AUDUSD Analysis – July 13, 2013

by ForexCycle.com | July 13, 2013 11:56 am
AUDUSD continues its downward movement from 1.0582, and the fall extends to as low as 0.8998. Resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, further decline is...

GBPUSD Analysis – July 13, 2013

by ForexCycle.com | July 13, 2013 11:55 am
GBPUSD broke below 1.4831 support, suggesting that the long term downtrend from 1.6339 (Jan 2 high) has resumed. Further decline would likely be seen after consolidation, and next target would be at 1.4500 area.

EURUSD Analysis – July 13, 2013

by ForexCycle.com | July 13, 2013 11:53 am
EURUSD failed to break below 1.2747 support, and rebounded strongly from 1.2756, suggesting that the downward movement from 1.3415 had completed.

USD/JPY Forecast July 15, 2013, Technical Analysis

by FX Empire | July 13, 2013 5:38 am
The USD/JPY pair had a slightly positive session on Friday, but as you can see we couldn’t get to the 100 handle. Because of this, we think that this market is going to simply grind sideways for...

USD/CAD Forecast July 15, 2013, Technical Analysis

by FX Empire | July 13, 2013 5:37 am
The USD/CAD pair had a slightly positive session on Friday, but remains below the 1.04 handle. We had initially been very bullish of this pair, but have to admit that the reason falling of the pair has...

GBP/USD Forecast July 15, 2013, Technical Analysis

by FX Empire | July 13, 2013 5:36 am
The GBP/USD pair fell during the session on Friday, pulling back some of the bullishness that we had seen over the last two sessions. However, the 1.51 handle isn’t significant enough to have us looking to buy...

EUR/USD Forecast July 15, 2013, Technical Analysis

by FX Empire | July 13, 2013 5:35 am
The EUR/USD pair fell during the balance of the session on Friday, but as you can see the 1.30 level has offered support yet again. Interestingly enough we have seen two hammers in a row now, and...

AUD/USD Forecast July 15, 2013, Technical Analysis

by FX Empire | July 13, 2013 5:34 am
The AUD/USD pair fell on Friday, but we still remained above the 0.90 handle. We really need to break down below that area in order to be comfortable shorting at this point, although it must be stated...

What Do You Need to Know about the Yield Curve?

by ForexCycle.com | July 12, 2013 1:28 pm
The yield curve is the line that shows determined interest rates of bonds with different maturity levels but with equal credit. Often, it is reported to compare set periods such as six months, two years, and three...