AUDUSD Weekly Analysis – June 28, 2014

by ForexCycle.com | June 28, 2014 1:55 pm
AUDUSD is testing 0.9461 resistance, a break above this level will signal resumption of the uptrend from 0.8660, then next target would be at 0.9550 – 0.9600 area. Key support is at 0.9202, only break below this...

GBPUSD Weekly Analysis – June 28, 2014

by ForexCycle.com | June 28, 2014 1:55 pm
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low). Further rise could be expected in a couple of weeks, and next target would be at 1.7300 area. Near term support is located at the rising trend...

EURUSD Weekly Analysis – June 28, 2014

by ForexCycle.com | June 28, 2014 1:54 pm
EURUSD failed to break below 1.3477 key support, indicating that the pair remains in uptrend from 1.2747 (Apr 4, 2013 low), and the fall from 1.3993 could be treated as consolidation of the uptrend. As long as...

USD/JPY Forecast June 30, 2014, Technical Analysis

by FX Empire | June 28, 2014 9:28 am
The USD/JPY pair fell during the course of the session on Friday, closing just below the 101.50 level. With that, it appears that the market is probably going to test the support area just below, and we...

USD/CAD Forecast June 30, 2014, Technical Analysis

by FX Empire | June 28, 2014 9:27 am
The USD/CAD pair fell again during the session on Friday, continuing to show significant bearishness. However, we are getting fairly close to a massive support area in the form of the 1.06 level, and the uptrend line...

GBP/USD Forecast June 30, 2014, Technical Analysis

by FX Empire | June 28, 2014 9:26 am
The GBP/USD pair went back and forth on Friday, essentially going nowhere. However, the one thing that he did do was show the 1.70 level to be supportive yet again, and with that we believe that this...

EUR/USD Forecast June 30, 2014, Technical Analysis

by FX Empire | June 28, 2014 9:26 am
The EUR/USD pair had a positive session on Friday, breaking the top of the hammer for the Thursday session which of course is a strong buy signal. However, there is a significant amount of resistance just above...

AUD/USD Forecast June 30, 2014, Technical Analysis

by FX Empire | June 28, 2014 9:25 am
The AUD/USD pair tried to rally during the session on Friday but gave back up most of the gains. With that, the market tested the 0.9450 level, an area that has been very resistant risk lately. Because...

USD/JPY Forecast June 27, 2014, Technical Analysis

by FX Empire | June 27, 2014 7:56 am
USD/JPY pair initially fell during the session on Thursday, bouncing off of the 101.50 level though. That being the case, the market looks as if it wants to go higher, and as a result break the top...

USD/CAD Forecast June 27, 2014, Technical Analysis

by FX Empire | June 27, 2014 7:55 am
The USD/CAD pair fell below the 1.07 handle during the day on Thursday, but as you can see failed to continue much lower than that. Nonetheless, it does appear that the market is going to drift lower...