GBPUSD Weekly Analysis – September 20, 2014

by ForexCycle.com | September 20, 2014 1:50 pm
GBPUSD broke above the downward trend line on daily chart, indicating that the downtrend from 1.7190 had completed at 1.6051 already. Range trading between 1.6051 and 1.6700 would likely be seen over the next several weeks. Resistance...

EURUSD Weekly Analysis – September 20, 2014

by ForexCycle.com | September 20, 2014 1:50 pm
EURUSD’s downward movement from 1.3700 extended to as low as 1.2825. Further decline would likely be seen over the next several weeks, and next target would be at 1.2300 area. Resistance is now at 1.29954, only break...

USDCAD Weekly Analysis – September 13, 2014

by ForexCycle.com | September 13, 2014 11:16 am
USDCAD’s upward movement extended to as high as 1.1097. Further rise to test 1.1278 resistance would likely be seen next week, a break of this level will indicate that the uptrend from 0.9632 (Sept 14, 2012 low)...

USDCHF Weekly Analysis – September 13, 2014

by ForexCycle.com | September 13, 2014 11:15 am
USDCHF remains in uptrend from 0.8855, the fall from 0.9395 is likely consolidation of the uptrend. Near term support is at 0.9280, as long as this level holds, the uptrend could be expected to continue, and next...

USDJPY Weekly Analysis – September 13, 2014

by ForexCycle.com | September 13, 2014 11:14 am
USDJPY’s upward movement from 101.06 extended to as high as 107.39. Further rise would be expected over the next several weeks, and next target would be at 115.00 area. Support levels are at 106.00 and 105.25, only...

AUDUSD Weekly Analysis – September 13, 2014

by ForexCycle.com | September 13, 2014 11:13 am
AUDUSD broke below 0.9202 support, indicating that the uptrend from 0.8660 had completed at 0.9504 already. Further decline could be expected over the next several weeks, and next target would be at 0.8500 area. Resistance is at...

GBPUSD Weekly Analysis – September 13, 2014

by ForexCycle.com | September 13, 2014 11:13 am
GBPUSD remains in downtrend from 1.7190, the rise from 1.6051 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend...

EURUSD Weekly Analysis – September 13, 2014

by ForexCycle.com | September 13, 2014 11:12 am
EURUSD is in downtrend from 1.3700, the rise from 1.2859 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend...

USDCAD Weekly Analysis – September 7, 2014

by ForexCycle.com | September 7, 2014 7:58 am
No changed in our view, USDCAD remains in uptrend from 1.0619, the price action from 1.0985 is treated as consolidation of the uptrend. Support is at 1.0800, as long as this level holds, the uptrend could be...

USDCHF Weekly Analysis – September 7, 2014

by ForexCycle.com | September 7, 2014 7:58 am
USDCHF stays above the upward trend line on daily chart, and remains in uptrend from 0.8703. Near term support is at 0.9240, as long as this level holds, the uptrend could be expected to continue, and next...