USDJPY Weekly Analysis – June 28, 2014

by ForexCycle.com | June 28, 2014 1:56 pm
USDJPY is facing 100.82 support again, a breakdown below this level will indicate that the uptrend from 93.79 (Jun 13, 2013 low) had completed at 105.44 already, then next target would be at 96.50 area. On the...

AUDUSD Weekly Analysis – June 28, 2014

by ForexCycle.com | June 28, 2014 1:55 pm
AUDUSD is testing 0.9461 resistance, a break above this level will signal resumption of the uptrend from 0.8660, then next target would be at 0.9550 – 0.9600 area. Key support is at 0.9202, only break below this...

GBPUSD Weekly Analysis – June 28, 2014

by ForexCycle.com | June 28, 2014 1:55 pm
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low). Further rise could be expected in a couple of weeks, and next target would be at 1.7300 area. Near term support is located at the rising trend...

EURUSD Weekly Analysis – June 28, 2014

by ForexCycle.com | June 28, 2014 1:54 pm
EURUSD failed to break below 1.3477 key support, indicating that the pair remains in uptrend from 1.2747 (Apr 4, 2013 low), and the fall from 1.3993 could be treated as consolidation of the uptrend. As long as...

USDCAD Weekly Analysis – June 22, 2014

by ForexCycle.com | June 22, 2014 1:13 pm
USDCAD broke below 1.0813 support, indicating that the downtrend from 1.1278 has resumed. Key resistance is at 1.0960, as long as this level holds, further decline could be expected, and next target would be at 1.0500 area....

USDCHF Weekly Analysis – June 22, 2014

by ForexCycle.com | June 22, 2014 1:13 pm
USDCHF remains in downtrend from 0.9838 (May 22, 2013 high), the price action from 0.8699 could be treated as consolidation of the downtrend. Key resistance is at 0.9156, as long as this level holds, the downtrend could...

USDJPY Weekly Analysis – June 22, 2014

by ForexCycle.com | June 22, 2014 1:12 pm
USDJPY continued moving sideways in a range between 100.75 and 105.44. The price action in the range is likely consolidation of the uptrend from 93.79 (Jun 13, 2013 low). As long as 100.75 support holds, one more...

AUDUSD Weekly Analysis – June 22, 2014

by ForexCycle.com | June 22, 2014 1:11 pm
AUDUSD stays in a trading range between 0.9202 and 0.9461. As long as 0.9202 key support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, and further rise to...

GBPUSD Weekly Analysis – June 22, 2014

by ForexCycle.com | June 22, 2014 1:11 pm
GBPUSD broke above 1.6996 resistance, indicating that the uptrend from 1.4813 (Jul 9, 2013 low) has resumed. Further rise could be expected, and next target would be at 1.7300 area. Key support is at 1.6692, only break...

EURUSD Weekly Analysis – June 22, 2014

by ForexCycle.com | June 22, 2014 1:10 pm
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), as long as 1.3477 support holds, the price action from 1.3892 could be treated as consolidation of the uptrend. Near term resistance is at 1.3680, a break...