USDCAD Weekly Analysis – September 11, 2016

by ForexCycle.com | September 11, 2016 9:16 am
USDCAD moved sideways in a price channel on daily chart. As long as 1.2654 key support holds, the price action in the channel could be treated as consolidation of the uptrend from 1.2460, and further rise to...

USDJPY Weekly Analysis – September 11, 2016

by ForexCycle.com | September 11, 2016 9:15 am
USDJPY continued its sideways movement in a range between 98.97 and 107.48. Key resistance is at 107.48, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend...

AUDUSD Weekly Analysis – September 11, 2016

by ForexCycle.com | September 11, 2016 9:14 am
AUDUSD’s upward movement may have completed at 0.7755 already. Key support is at 0.7489, a breakdown below this level could bring price to 0.6900 zone. However, as long as 0.7489 support holds, one more rise to 0.8000...

GBPUSD Weekly Analysis – September 11, 2016

by ForexCycle.com | September 11, 2016 9:14 am
GBPUSD moved sideways without trend in a range between 1.2795 and 1.3480 for several weeks. As long as 1.3800 key resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.5016, another fall...

EURUSD Weekly Analysis – September 11, 2016

by ForexCycle.com | September 11, 2016 9:13 am
EURUSD stays in the upward price channel on daily chart, indicating that the pair remains in uptrend from 1.0911. As long as the channel support holds, the uptrend could be expected to continue, and next target would...

USDCAD Weekly Analysis – September 4, 2016

by ForexCycle.com | September 4, 2016 2:05 pm
No changed in our view, USDCAD is in uptrend from 1.2460. The price action from 1.3188 is treated as consolidation of the uptrend. Further rise to 1.3600 area to complete the upward movement could be expected after...

USDJPY Weekly Analysis – September 4, 2016

by ForexCycle.com | September 4, 2016 2:04 pm
USDJPY is forming a sideways consolidation in a range between 98.97 and 107.48. As long as 107.48 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high). Lengthier...

AUDUSD Weekly Analysis – September 4, 2016

by ForexCycle.com | September 4, 2016 2:04 pm
AUDUSD broke below the upward trend line on daily chart, indicating that the upward movement from 0.7144 had completed at 0.7755 already. Further decline could be expected over the next several weeks, and the target would be...

GBPUSD Weekly Analysis – September 4, 2016

by ForexCycle.com | September 4, 2016 2:03 pm
GBPUSD continued its sideways movement in a range between 1.2795 and 1.3480. Key resistance is at 1.3800. As long as this level holds, the price action from 1.2795 could be treated as consolidation of the downtrend from...

EURUSD Weekly Analysis – September 4, 2016

by ForexCycle.com | September 4, 2016 2:02 pm
EURUSD broke below the bottom of the price channel on daily chart, indicating that the upward movement from 1.0911 had completed at 1.1366 already. Further decline could be expected over the next several days, and next target...