USDCAD Weekly Analysis – September 13, 2015

by ForexCycle.com | September 13, 2015 6:53 am
USDCAD remains in uptrend from 1.1919, the fall from 1.3353 is likely consolidation of the uptrend. Near term support is located at the bottom of the price channel on daily chart. As long as the channel support...

USDJPY Weekly Analysis – September 13, 2015

by ForexCycle.com | September 13, 2015 6:52 am
USDJPY remains in uptrend from 116.13, the fall from 121.62 could be treated s correction of the uptrend. Another rise to test 125.85 resistance is possible after correction. Key support is at 116.13, only a break below...

AUDUSD Weekly Analysis – September 13, 2015

by ForexCycle.com | September 13, 2015 6:52 am
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.8162. As long as the trend line resistance holds, the bounce from 0.6907 could be treated as consolidation of the downtrend, and...

GBPUSD Weekly Analysis – September 13, 2015

by ForexCycle.com | September 13, 2015 6:51 am
GBPUSD is now in downtrend from 1.5929. Further decline could be expected after a minor consolidation, and next target would be at 1.4700 area. Resistance is at 1.5500, only break above this level could trigger another rise...

EURUSD Weekly Analysis – September 13, 2015

by ForexCycle.com | September 13, 2015 6:51 am
EURUSD remains in downtrend from 1.1713, the bounce from 1.1087 is likely correction of the downtrend. Another fall could be expected after correction, and next target would be at 1.0600 area. Key resistance is at 1.1713, only...

USDCAD Weekly Analysis – September 6, 2015

by ForexCycle.com | September 6, 2015 7:15 am
USDCAD stays in a upward price channel on daily chart, and remains in uptrend from 1.1919, the fall from 1.3353 is likely consolidation of the uptrend. Near term support is at the bottom of the channel. As...

USDJPY Weekly Analysis – September 6, 2015

by ForexCycle.com | September 6, 2015 7:15 am
USDJPY is now in uptrend from 116.13, the fall from 121.62 is likely correction of the uptrend. As long as 116.13 support holds, the uptrend could be expected to resume, and further rise to test 125.85 resistance...

AUDUSD Weekly Analysis – September 6, 2015

by ForexCycle.com | September 6, 2015 7:14 am
AUDUSD’s downward movement from 0.8162 extended to as low as 0.6906. Further decline could be seen over the next several weeks, and next target would be at 0.6500 area. Resistance is located at the downward trend line...

GBPUSD Weekly Analysis – September 6, 2015

by ForexCycle.com | September 6, 2015 7:13 am
GBPUSD broke below 1.5170 support, indicating that the uptrend from 1.4565 had completed at 1.5929 already. Further decline could be expected over the next several weeks, and next target would be at 1.4700 area. Resistance is at...

EURUSD Weekly Analysis – September 6, 2015

by ForexCycle.com | September 6, 2015 7:13 am
EURUSD is now in downtrend from 1.1713. Further decline could be expected after a minor consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.1400 and 1.1713, only break above these levels could...