USDCAD Weekly Analysis – April 6, 2014

by ForexCycle.com | April 6, 2014 2:24 am
USDCAD moved sideways in a range between 1.0910 and 1.1278. As long as 1.0910 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0182. Another rise is still possible...

USDCHF Weekly Analysis – April 6, 2014

by ForexCycle.com | April 6, 2014 2:22 am
USDCHF’s bounce from 0.8699 extended to as high as 0.8952. Further rise could be expected, and the target would be at the upper line of the price channel on daily chart. However, as long as the channel...

USDJPY Weekly Analysis – April 6, 2014

by ForexCycle.com | April 6, 2014 2:21 am
USDJPY continued its sideways movement in a range between 100.75 and 105.44. As long as 100.75 key support holds, the price action in the range could be treated as consolidation of the uptrend from 93.79 (Jun 13,...

AUDUSD Weekly Analysis – April 6, 2014

by ForexCycle.com | April 6, 2014 2:20 am
AUDUSD stays above the upward trend line on daily chart, and remains in uptrend from 0.8660, and the rise extended to as high as 0.9306. The uptrend could be expected to continue in a couple of weeks,...

GBPUSD Weekly Analysis – April 6, 2014

by ForexCycle.com | April 6, 2014 2:19 am
GBPUSD stays in a upward 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 another rise towards 1.7000 is still...

EURUSD Weekly Analysis – April 6, 2014

by ForexCycle.com | April 6, 2014 2:19 am
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3892 could be treated as consolidation of the uptrend. Pullback to 1.3550 area to complete the consolidation would likely be seen. Resistance is...

USDCAD Weekly Analysis – March 30, 2014

by ForexCycle.com | March 30, 2014 6:24 am
USDCAD is facing the support of the upward trend line on daily chart. As long as the trend line support holds, the price action from 1.1224 could be treated as consolidation of the uptrend from 1.0182, one...

USDCHF Weekly Analysis – March 30, 2014

by ForexCycle.com | March 30, 2014 6:24 am
USDCHF rebounded from the bottom of the price channel on daily chart. Further rally is still possible, and the target would be at the upper line of the channel. Support is at 0.8785, only break below this...

USDJPY Weekly Analysis – March 30, 2014

by ForexCycle.com | March 30, 2014 6:23 am
USDJPY moved sideways in a range between 100.75 and 105.44. Key support is at 100.75, a breakdown below this level will confirm the uptrend from 93.79 (Jun 13, 2013 low) had completed at 105.44 already, then deeper...

AUDUSD Weekly Analysis – March 30, 2014

by ForexCycle.com | March 30, 2014 6:22 am
AUDUSD’ upward movement from 0.8660 extended to as high as 0.9294. Further rise could be expected, and the target would be at 0.9600 area. Support is located at the upward trend line on daily chart, only a...