USDCAD Weekly Analysis – October 25, 2015

by ForexCycle.com | October 25, 2015 7:31 am
USDCAD is in downtrend from 1.3456, the rise from 1.2831 is likely correction of the downtrend. Another fall could be expected after correction, and the target would be at 1.2500 area. Resistance is at 1.3456, only break...

USDJPY Weekly Analysis – October 25, 2015

by ForexCycle.com | October 25, 2015 7:30 am
USDJPY is facing 121.62 resistance, a break of this level will indicate that the uptrend from 116.13 has resumed, then next target would be at 125.00 area. Support levels are at 118.16 and 116.13, only break below...

AUDUSD Weekly Analysis – October 25, 2015

by ForexCycle.com | October 25, 2015 7:29 am
AUDUSD failed to break above 0.7439 resistance, indicating that the pair remains in downtrend from 0.9504 (Jul 1, 2014 high), and the rise from 0.6907 could be treated as consolidation of the downtrend. Another fall towards 0.6500...

GBPUSD Weekly Analysis – October 25, 2015

by ForexCycle.com | October 25, 2015 7:29 am
GBPUSD stays in the downward price channel on daily chart, and remains in downtrend from 1.5929. Resistance is at the top of the channel. As long as the channel resistance holds, the downtrend could be expected to...

EURUSD Weekly Analysis – October 25, 2015

by ForexCycle.com | October 25, 2015 7:28 am
EURUSD broke below 1.1087 support, indicating that the downtrend from 1.1713 had resumed. Further decline could be expected over the next several weeks, and next target would be at 1.0600 area. Resistance levels are at 1.1250 and...

USDCAD Weekly Analysis – October 18, 2015

by ForexCycle.com | October 18, 2015 7:58 am
USDCAD is now in downtrend from 1.3456. Further decline could be expected after correction, and the target would be at 1.2500 area. Resistance levels are at 1.3200 and 1.3456, only break above these levels could trigger another...

USDJPY Weekly Analysis – October 18, 2015

by ForexCycle.com | October 18, 2015 7:57 am
USDJPY remains in short term uptrend from 116.13, the fall from 121.62 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and the target would be at 125.00 area. Support levels area at...

AUDUSD Weekly Analysis – October 18, 2015

by ForexCycle.com | October 18, 2015 7:56 am
AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high), the rise from 0.6907 is likely consolidation of the downtrend. Resistance is at 0.7439, as long as this level holds, the downtrend could be expected to resume,...

GBPUSD Weekly Analysis – October 18, 2015

by ForexCycle.com | October 18, 2015 7:55 am
GBPUSD remains in downtrend from 1.5929, the rise from 1.5107 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.4700 area. Resistance is at 1.5660, only break...

EURUSD Weekly Analysis – October 18, 2015

by ForexCycle.com | October 18, 2015 7:54 am
EURUSD remains in short term downtrend from 1.1713, the rise from 1.1087 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at...