USDCAD Weekly Analysis – June 14, 2014

by ForexCycle.com | June 14, 2014 1:36 pm
USDCAD is facing 1.0813 support again, a breakdown below this level will signal resumption of the downtrend from 1.1278, then next target would be at 1.0600 area. Resistance levels are at 1.0960 and 1.1053, only break above...

USDCHF Weekly Analysis – June 14, 2014

by ForexCycle.com | June 14, 2014 1:35 pm
USDCHF’s rise from 0.8699 extended to as high as 0.9036. Key resistance is at 0.9156, as long as this level holds, the rise could be treated as consolidation of the downtrend from 0.9838 (May 22, 2013 high),...

USDJPY Weekly Analysis – June 14, 2014

by ForexCycle.com | June 14, 2014 1:35 pm
USDJPY continued its sideways movement in a range between 100.75 and 105.44. As long as 100.75 support holds, the price action in the range could be treated as consolidation of the uptrend from 93.79 (Jun 13, 2013...

AUDUSD Weekly Analysis – June 14, 2014

by ForexCycle.com | June 14, 2014 1:34 pm
AUDUSD is facing 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, followed by 1.0000. Key support is at 0.9202, only...

GBPUSD Weekly Analysis – June 14, 2014

by ForexCycle.com | June 14, 2014 1:33 pm
GBPUSD is facing 1.6996 resistance, a break above this level will signal resumption of the uptrend from 1.4813 (Jul 9, 2013 low), then next target would be at 1.7300 area. Key support is now at 1.6692, only...

EURUSD Weekly Analysis – June 14, 2014

by ForexCycle.com | June 14, 2014 1:33 pm
EURUSD is testing 1.3477 key support, a breakdown below this level will indicate that the uptrend from 1.2747 (Apr 4, 2013 low) had completed at 1.3993 already, then the following downward movement could bring price to 1.1500...

USDCAD Weekly Analysis – June 7, 2014

by ForexCycle.com | June 7, 2014 1:10 pm
USDCAD remains in downtrend from 1.1278, the rise from 1.0813 could be treated as consolidation of the downtrend. Key resistance is at 1.1053, as long as this level holds, the downtrend could be expected to continue, and...

USDCHF Weekly Analysis – June 7, 2014

by ForexCycle.com | June 7, 2014 1:09 pm
USDCHF remains in downtrend from 0.9838 (May 22, 2013 high), the rise 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 be...

USDJPY Weekly Analysis – June 7, 2014

by ForexCycle.com | June 7, 2014 1:09 pm
USDJPY failed to break below 100.75 support and rebounded from 100.82, indicating that lengthier sideways movement in a range between 100.75 and 105.44 is underway. As long as 100.75 support holds, the price action from 105.44 could...

AUDUSD Weekly Analysis – June 7, 2014

by ForexCycle.com | June 7, 2014 1:08 pm
AUDUSD continued its sideways movement in a range between 0.9202 and 0.9461. Key support is at 0.9202, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...