USDCAD Weekly Analysis – August 2, 2015

by ForexCycle.com | August 2, 2015 9:00 am
USDCAD remains in uptrend from 1.1919. Further rise could be expected after a minor consolidation, and next target would be at 1.4000 area. Support is now at 1.2850, as long as this level holds, the uptrend will...

USDJPY Weekly Analysis – August 2, 2015

by ForexCycle.com | August 2, 2015 9:00 am
USDJPY remains in uptrend from 115.56, the fall from 125.85 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on daily chart. As long as the channel support holds, the...

AUDUSD Weekly Analysis – August 2, 2015

by ForexCycle.com | August 2, 2015 8:59 am
AUDUSD continued its downward movement from 0.8162, and the fall extended to as low as 0.7233. Further decline could be expected and next target would be at 0.6800 area. Resistance is at 0.7400, as long as this...

GBPUSD Weekly Analysis – August 2, 2015

by ForexCycle.com | August 2, 2015 8:59 am
GBPUSD remains in uptrend from 1.4565, the price action from 1.5814 is likely consolidation of the uptrend. Support is at 1.5170, as long as this level holds, the uptrend could be expected to resume, and next target...

EURUSD Weekly Analysis – August 2, 2015

by ForexCycle.com | August 2, 2015 8:58 am
EURUSD moved sideways in a 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 from 1.0462, another rise towards 1.2500...

USDCAD Weekly Analysis – July 26, 2015

by ForexCycle.com | July 26, 2015 6:12 am
USDCAD’s upward movement from 1.1919 extended to as high as 1.3102. Further rise could be expected, and next target would be at 1.4000 area. Near term support is at 1.2900, as long as this level holds, the...

USDJPY Weekly Analysis – July 26, 2015

by ForexCycle.com | July 26, 2015 6:12 am
USDJPY stays in the upward price channel on daily chart, and remains in the long term uptrend from 75.57 (Oct 31, 2011), and the fall from 125.85 could be treated as consolidation of the uptrend. Further rise...

AUDUSD Weekly Analysis – July 26, 2015

by ForexCycle.com | July 26, 2015 6:11 am
AUDUSD’s downward movement from 0.8162 extended to as low as 0.7259. Further decline is still possible, and next target would be at 0.7000 area. Near term resistance is at 0.7500, only break above this level could bring...

GBPUSD Weekly Analysis – July 26, 2015

by ForexCycle.com | July 26, 2015 6:10 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 the price action in the range could be treated as consolidation of the...

EURUSD Weekly Analysis – July 26, 2015

by ForexCycle.com | July 26, 2015 6:10 am
After touching 1.0819 support, EURUSD rebounded from 1.0808, indicating that the pair remains in uptrend from 1.0462, and the price action in the trading range between 1.0819 and 1.1467 could be treated as consolidation of the uptrend....