USDCAD Weekly Analysis – July 5, 2015

by ForexCycle.com | July 5, 2015 8:07 am
USDCAD broke above 1.2563 resistance, indicating that the uptrend from 1.1919 has resumed. Further rise to test 1.2835 resistance could be seen, a break of this level will signal resumption of the long term uptrend from 0.9632...

USDJPY Weekly Analysis – July 5, 2015

by ForexCycle.com | July 5, 2015 8:06 am
USDJPY is in long term uptrend from 75.57 (Oct 31, 2011), the fall from 125.85 could be treated as consolidation of the uptrend. Range trading between 120.00 and 125.85 would likely be seen over the next several...

AUDUSD Weekly Analysis – July 5, 2015

by ForexCycle.com | July 5, 2015 8:06 am
AUDUSD broke below 0.7532 support, indicating that the long term downtrend from 0.9504 (Jul 1, 2014 high) has resumed. Further decline could be seen after a minor consolidation, and next target would be at 0.7000 area. Resistance...

GBPUSD Weekly Analysis – July 5, 2015

by ForexCycle.com | July 5, 2015 8:05 am
GBPUSD is facing 1.5550 support, a breakdown below this level will indicate that lengthier consolidation for the uptrend from 1.4565 is underway, then deeper decline to 1.5300 area could be seen. On the upside, as long as...

EURUSD Weekly Analysis – July 5, 2015

by ForexCycle.com | July 5, 2015 8:05 am
EURUSD continued its sideways movement in a range between 1.0819 and 1.1467. Key support is at 1.0819, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...

USDCAD Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:19 am
USDCAD is in downtrend from 1.2563. Further decline to test 1.1919 support could be expected, a breakdown below this level will signal resumption of the longer term downtrend from 1.2835, then next target would be at 1.1500...

USDJPY Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:19 am
USDJPY is in consolidation of the long term uptrend from 75.57 (Oct 31, 2011). Range trading between 120.00 and 125.85 would likely be seen over the next several weeks. As long as 120.00 support holds, one more...

AUDUSD Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:18 am
AUDUSD remains in long term downtrend from 0.9504 (Jul 1, 2014 high), the sideways movement in the range between 0.7532 and 0.8162 is likely consolidation of the downtrend. Key resistance is at 0.8162, as long as this...

GBPUSD Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:18 am
GBPUSD is in uptrend from 1.5170, the fall from 1.5929 is likely consolidation of the uptrend. Support is at 1.5550, as long as this level holds, the uptrend could be expected to continue and next target would...

EURUSD Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:17 am
EURUSD moved sideways in a trading range between 1.0819 and 1.1467. As long as 1.0819 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0462, and further rise towards 1.3000 is still...