USDJPY Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:12 am
USDJPY broke below the lower line of the price channel on daily chart, indicating that consolidation of the uptrend from 101.06 is underway. Range trading between 106.50 and 110.08 would likely be seen in a couple of...

AUDUSD Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:12 am
After touching 0.8660 (Jan 24 low) support, AUDUSD rebounded from 0.8642, indicating that consolidation of the downtrend from 0.9504 is underway. Range trading between 0.8642 and 0.8950 would likely be seen in a couple of weeks. Support...

GBPUSD Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:11 am
GBPUSD remains in downtrend from 1.7190, the price action from 1.6051 is likely consolidation of the downtrend. Key resistance is at 1.6524, as long as this level holds, the downtrend could be expected to resume, and next...

EURUSD Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:11 am
EURUSD remains in downtrend from 1.3993, the rise from 1.2500 is likely consolidation of the downtrend. Near term resistance is located at the upper line of the price channel on daily chart, as long as the channel...

USDCAD Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:19 pm
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDCHF Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:19 pm
USDCHF’s upward movement from 0.8855 extended to as high as 0.9683. Further rise could be expected, and next target would be at 0.9900 area. Support is at 0.9500, only break below this level will indicate that consolidation...

USDJPY Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:18 pm
USDJPY stays in the upward price channel on daily chart. As long as the channel support holds, the uptrend from 101.06 could be expected to continue, and next target would be at 115.00 area. On the downside,...

AUDUSD Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:18 pm
AUDUSD broke below 0.8660 (Jan 24 low) support. Further decline would likely be seen, and next target would be at 0.8200 area. Resistance is at 0.8830, only break above this level will indicate that consolidation of the...

GBPUSD Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:17 pm
GBPUSD broke below 1.6051 support, indicating that the downtrend from 1.7190 has resumed. Further decline could be expected, and next target would be at 1.5500 area. Near term resistance is at 1.6100, only break above this level...

EURUSD Weekly Analysis – October 4, 2014

by ForexCycle.com | October 4, 2014 12:16 pm
EURUSD remains in downtrend from 1.3700, and the fall extended to as low as 1.2500. Resistance is now at 1.2700, as long as this level holds, the downtrend could be expected to continue, and next target would...