USDCAD Weekly Analysis – November 1, 2014

by ForexCycle.com | November 1, 2014 2:11 pm
USDCAD failed to break below the bottom of the upward price channel on daily chart, indicating that the pair remains in uptrend from 1.0619. Key support is now at 1.1121, as long as this level holds, the...

USDCHF Weekly Analysis – November 1, 2014

by ForexCycle.com | November 1, 2014 2:09 pm
USDCHF is facing 0.9687 resistance, a break above this level will indicate that the uptrend from 0.8703 has resumed, then next target would be at 1.0000 area. Next term support is at the bottom of the price...

USDJPY Weekly Analysis – November 1, 2014

by ForexCycle.com | November 1, 2014 2:09 pm
USDJPY broke above 110.08 resistance, and continued its upward movement from 101.06, and the rise extended to as high as 112.47. Further rise could be expected over the next several weeks, and next target would be at...

AUDUSD Weekly Analysis – November 1, 2014

by ForexCycle.com | November 1, 2014 2:08 pm
AUDUSD remains in downtrend from 0.9504, the rise from 0.8642 is likely consolidation of the downtrend. Resistance is at 0.8910, as long as this level holds, the downtrend could be expected to resume, and next target would...

GBPUSD Weekly Analysis – November 1, 2014

by ForexCycle.com | November 1, 2014 2:08 pm
No changed in our view, GBPUSD remains in downtrend from 1.7190, the price action from 1.6051 could be treated as consolidation of the downtrend. Key resistance is at 1.6524, as long as this level holds, the downtrend...

EURUSD Weekly Analysis – November 1, 2014

by ForexCycle.com | November 1, 2014 2:07 pm
After consolidation, EURUSD broke below 1.2500 support, indicating that the downtrend from 1.3993 has resumed. Further decline could be expected over the next several weeks, and next target would be at 1.2000 area. Key resistance is at...

USDCAD Weekly Analysis – October 26, 2014

by ForexCycle.com | October 26, 2014 4:07 am
USDCAD remains in uptrend from 1.0619, the fall from 1.1385 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...

USDCHF Weekly Analysis – October 26, 2014

by ForexCycle.com | October 26, 2014 4:07 am
USDCHF failed to break below the support of the upward price channel on daily chart, indicating that the pair remains in uptrend from 0.8703, and the fall from 0.9687 could be treated as consolidation of the uptrend....

USDJPY Weekly Analysis – October 26, 2014

by ForexCycle.com | October 26, 2014 4:06 am
USDJPY remains in uptrend from 101.06, the fall from 110.08 could be treated as consolidation of the uptrend. Resistance is at 110.08, a break of this level will indicate that the uptrend has resumed, then next target...

AUDUSD Weekly Analysis – October 26, 2014

by ForexCycle.com | October 26, 2014 4:05 am
AUDUSD remains in downtrend from 0.9504, the sideways movement in a range between 0.8642 and 0.8898 is likely consolidation of the downtrend. Near term resistance is at 0.8898, as long as this level holds, the downtrend could...