USDCAD Weekly Analysis – August 16, 2015

by ForexCycle.com | August 16, 2015 7:28 am
USDCAD remains in uptrend from 1.1919, the fall from 1.3213 is likely consolidation of the uptrend. Near term support is at 1.2850, as long as this level holds, the uptrend could be expected to continue, and next...

USDJPY Weekly Analysis – August 16, 2015

by ForexCycle.com | August 16, 2015 7:27 am
USDJPY is facing 125.85 resistance, a break of this level will confirm that the uptrend from 115.56 has resumed, then next target would be at 130.00 area. Near term support is at 123.00, only break below this...

AUDUSD Weekly Analysis – August 16, 2015

by ForexCycle.com | August 16, 2015 7:26 am
AUDUSD’s downward movement from 0.8162 expected to as low as 0.7214. Resistance is at the top of the price channel on daily chart. As long as the channel resistance holds, the downtrend could be expected to continue,...

GBPUSD Weekly Analysis – August 16, 2015

by ForexCycle.com | August 16, 2015 7:26 am
GBPUSD continued its sideways movement in a range between 1.5170 and 1.5929. Key support is at 1.5170, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 1.4565, further...

EURUSD Weekly Analysis – August 16, 2015

by ForexCycle.com | August 16, 2015 7:25 am
EURUSD failed to break below 1.0808 support and stayed in the trading range between 1.0808 and 1.1467. As long as 1.0808 support holds, the price action in the range could be treated as consolidation of the uptrend...

USDCAD Weekly Analysis – August 9, 2015

by ForexCycle.com | August 9, 2015 7:18 am
USDCAD’s upward movement from 1.1919 extended to as high as 1.3213. Further rise could be expected over the next several weeks, and next target would be at 1.4000 area. Support is at 1.2850, as long as this...

USDJPY Weekly Analysis – August 9, 2015

by ForexCycle.com | August 9, 2015 7:17 am
USDJPY stays in the upward price channel on daily chart, and remains in uptrend from 115.56. Further rise would likely be seen over the next several weeks, and next target would be at 130.00 area. Near term...

AUDUSD Weekly Analysis – August 9, 2015

by ForexCycle.com | August 9, 2015 7:17 am
AUDUSD remains in downtrend from 0.8162, the rise from 0.7233 is likely consolidation of the downtrend. Near term resistance is located at the top of the price channel on daily chart. As long as the channel resistance...

GBPUSD Weekly Analysis – August 9, 2015

by ForexCycle.com | August 9, 2015 7:16 am
GBPUSD stays in a trading range between 1.5170 and 1.5929. As long as 1.5170 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.4565, another rise towards 1.6500 could...

EURUSD Weekly Analysis – August 9, 2015

by ForexCycle.com | August 9, 2015 7:15 am
EURUSD continued its sideways movement in a range between 1.0808 and 1.1467. Another rise to test 1.1467 resistance would likely be seen, a break of this level will signal resumption of the uptrend from 1.0462, then next...