USDJPY Weekly Analysis – May 25, 2014

by ForexCycle.com | May 25, 2014 5:03 am
USDJPY is testing 100.75 support, a breakdown below this level will signal completion of the uptrend from 93.79 (Jun 13, 2013 low), then the following downward movement could bring price to 96.00 area. On the upside, as...

AUDUSD Weekly Analysis – May 25, 2014

by ForexCycle.com | May 25, 2014 5:03 am
AUDUSD is facing 0.9202 support, a breakdown below this level will signal completion of the uptrend from 0.8660, then the following downward movement could bring price back to 0.8500 area. On the upside, as long as 0.9202...

GBPUSD Weekly Analysis – May 25, 2014

by ForexCycle.com | May 25, 2014 5:02 am
GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6996 could be treated as consolidation of the uptrend. As long as the channel...

EURUSD Weekly Analysis – May 25, 2014

by ForexCycle.com | May 25, 2014 5:02 am
EURUSD’s fall from 1.3993 extended to as low as 1.3615. Deeper decline to test 1.3477 support is still possible, as long as this level holds, the price action from 1.3892 would possibly be consolidation of the uptrend...

USDCAD Weekly Analysis – May 17, 2014

by ForexCycle.com | May 17, 2014 2:22 pm
USDCAD remains in downtrend from 1.1278, the price action from 1.0857 is likely consolidation of the downtrend. Another rise to the upper line of the price channel on daily chart to complete the consolidation would likely be...

USDCHF Weekly Analysis – May 17, 2014

by ForexCycle.com | May 17, 2014 2:21 pm
USDCHF is facing the resistance of the price channel on daily chart. As long as the channel resistance holds, the price action from 0.8699 could be treated as consolidation of the downtrend from 0.9751 (Jul 9, 2013...

USDJPY Weekly Analysis – May 17, 2014

by ForexCycle.com | May 17, 2014 2:20 pm
USDJPY is testing 100.75 key support, as long as this level holds, the price action from 105.44 could be treated as consolidation of the uptrend from 93.79 (Jun 13, 2013 low), one more rise to 110.00 area...

AUDUSD Weekly Analysis – May 17, 2014

by ForexCycle.com | May 17, 2014 2:19 pm
AUDUSD moved sideways in a range between 0.9202 and 0.9461. As long as 0.9202 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, one more rise to 0.9550...

GBPUSD Weekly Analysis – May 17, 2014

by ForexCycle.com | May 17, 2014 2:18 pm
GBPUSD is facing the support of the price channel on daily chart. As long as the channel support holds, the uptrend from 1.4813 (Jul 9, 2013 low) could be expected to resume, and further rise to 1.7200...

EURUSD Weekly Analysis – May 17, 2014

by ForexCycle.com | May 17, 2014 2:17 pm
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3892 is likely consolidation of the uptrend. Range trading between 1.3477 and 1.3993 would likely be seen over the next several weeks. Key...