USDCAD Weekly Analysis – December 7, 2014

by ForexCycle.com | December 7, 2014 11:50 am
USDCAD’s upward movement from 1.0619 extended to as high as 1.1475. Further rise could be expected, and next target would be at 1.1800 area. Near term support is at the upward trend line on daily chart, and...

USDCHF Weekly Analysis – December 7, 2014

by ForexCycle.com | December 7, 2014 11:48 am
USDCHF’s upward movement from 0.8703 extended to as high as 0.9799. Near term support is at the bottom of the price channel on daily chart, as long as the channel support holds, the uptrend could be expected...

USDJPY Weekly Analysis – December 7, 2014

by ForexCycle.com | December 7, 2014 11:48 am
USDJPY’s upward movement from 101.06 extended to as high as 121.68. Further rise could be expected after a minor consolidation, and next target would be at 130.00 area. Support levels are at 120.00 and 117.00, as long...

AUDUSD Weekly Analysis – December 7, 2014

by ForexCycle.com | December 7, 2014 11:47 am
AUDUSD continued its downward movement from 0.9504, and the fall extended to as low as 0.8312. Resistance is now located at the downward trend line on daily chart, as long as the trend line resistance holds, the...

GBPUSD Weekly Analysis – December 7, 2014

by ForexCycle.com | December 7, 2014 11:47 am
GBPUSD’s downward movement from 1.7190 extended to as low as 1.5569. Near term resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to...

EURUSD Weekly Analysis – December 7, 2014

by ForexCycle.com | December 7, 2014 11:46 am
After consolidation, EURUSD continued its downward movement from 1.3993, and the fall extended to as low as 1.2271. Further decline could be expected and next target would be at 1.2000 area. Near term resistance is at the...

USDCAD Weekly Analysis – November 30, 2014

by ForexCycle.com | November 30, 2014 6:19 am
After touching the bottom of the price channel on daily chart, USDCAD rebounded from 1.1191, indicating that the pair remains in uptrend from 1.0619. Further rise would likely be seen, and next target would be at 1.1800...

USDCHF Weekly Analysis – November 30, 2014

by ForexCycle.com | November 30, 2014 6:18 am
USDCHF remains in uptrend from 0.8703, the fall from 0.9741 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on daily chart, as long as the channel support holds,...

USDJPY Weekly Analysis – November 30, 2014

by ForexCycle.com | November 30, 2014 6:17 am
USDJPY remains n uptrend from 101.06, the fall from 118.97 is likely consolidation of the uptrend. Support is at 115.45, as long as this level holds, the uptrend could be expected to continue, and next target would...

AUDUSD Weekly Analysis – November 30, 2014

by ForexCycle.com | November 30, 2014 6:16 am
AUDUSD’s downward movement from 0.9504 extended to as low as 0.8479. Key resistance is at 0.8794, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.8000 area....