USDJPY Weekly Analysis – November 16, 2014

by ForexCycle.com | November 16, 2014 4:30 am
USDJPY continued its upward movement from 101.06, and the rise extended to as high as 116.82. Further rise could be expected after a minor consolidation, and next target would be at 120.00 area. Support is at 113.50,...

AUDUSD Weekly Analysis – November 16, 2014

by ForexCycle.com | November 16, 2014 4:29 am
AUDUSD moved sideways in a trading range between 0.8540 and 0.8910. The price action in the range is likely consolidation of the downtrend from 0.9504, as long as 0.8910 resistance holds, the downtrend could be expected to...

GBPUSD Weekly Analysis – November 16, 2014

by ForexCycle.com | November 16, 2014 4:29 am
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190, and the fall extended to as low as 1.5592. As long as the trend line resistance holds, the downtrend could be...

EURUSD Weekly Analysis – November 16, 2014

by ForexCycle.com | November 16, 2014 4:28 am
EURUSD remains in downtrend from 1.3993, the rise from 1.2357 is likely consolidation of the downtrend. Resistance is located at the top of the price channel on daily chart. As long as the channel resistance holds, the...

USDCAD Weekly Analysis – November 9, 2014

by ForexCycle.com | November 9, 2014 9:05 am
USDCAD’s upward movement from 1.0619 extended to as high as 1.1466. Support is located at the bottom of the price channel on daily chart, as long as the channel support holds, the uptrend could be expected to...

USDCHF Weekly Analysis – November 9, 2014

by ForexCycle.com | November 9, 2014 9:05 am
USDCHF stays in the upward price channel on daily chart, and remains in uptrend from 0.8703, and the rise extended to as high as 0.9739. Near term support is at the bottom of the price channel on...

USDJPY Weekly Analysis – November 9, 2014

by ForexCycle.com | November 9, 2014 9:04 am
USDJPY’s upward movement from 101.06 extended to as high as 115.50. Further rise could be expected over the next several weeks, and next target would be at 120.00 area. Support is at 113.00, only break below this...

AUDUSD Weekly Analysis – November 9, 2014

by ForexCycle.com | November 9, 2014 9:02 am
After consolidation, AUDUSD continued its downward movement from 0.9504, and the fall extended to as low as 0.8540. Further decline could be expected over the next several weeks, and next target would be at 0.8000 area. Resistance...

GBPUSD Weekly Analysis – November 9, 2014

by ForexCycle.com | November 9, 2014 9:02 am
GBPUSD’s downward movement from 1.7190 extended to as low as 1.5790. 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 – November 9, 2014

by ForexCycle.com | November 9, 2014 9:01 am
EURUSD stays in the downward price channel on daily chart, and remains in downtrend from 1.3993, and the fall extended to as low as 1.2358. Near term resistance is at the upper line of the channel, as...