USDCAD Weekly Analysis – January 25, 2014

by ForexCycle.com | January 25, 2014 5:58 am
USDCAD’s upward movement from 1.0182 extended to as high as 1.1173. Further rise could be expected after a minor consolidation, and next target would be at 1.1500 area. Initial support is at 1.1000, and the key support...

USDCHF Weekly Analysis – January 25, 2014

by ForexCycle.com | January 25, 2014 5:57 am
Being contained by the upper line of the price channel on daily chart, USDCHF dropped down from 0.9156. The fall would possibly be resumption of the downtrend from 0.9751. Further decline to test 0.8799 previous low support...

USDJPY Weekly Analysis – January 25, 2014

by ForexCycle.com | January 25, 2014 5:57 am
USDJPY broke below 102.85 support, suggesting that the uptrend from 96.57 had completed at 105.44 already. Further decline would likely be seen over the next several weeks, and the target would be at 95.00 area. Key resistance...

AUDUSD Weekly Analysis – January 25, 2014

by ForexCycle.com | January 25, 2014 5:56 am
AUDUSD’s downward movement from 0.9756 extended to as low as 0.8660. Resistance is located at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...

GBPUSD Weekly Analysis – January 25, 2014

by ForexCycle.com | January 25, 2014 5:55 am
GBPUSD’s upward movement from 1.5854 extended to as high as 1.6668. Support is now located at the upward trend line on daily chart, as long as the trend line support holds, the uptrend could be expected to...

EURUSD Weekly Analysis – January 25, 2014

by ForexCycle.com | January 25, 2014 5:55 am
EURUSD is in consolidation of the uptrend from 1.2747 (Apr 4, 2013 low). The sideways movement in the range between 1.3296 and 1.3892 could be expected to continue over the next several weeks, and one more fall...

USDCAD Weekly Analysis – January 18, 2014

by ForexCycle.com | January 18, 2014 6:16 am
USDCAD continued its upward movement from 1.0182 and the rise extended to as high as 1.0991. Further rise could be expected after a minor consolidation, and next target would be at1.1200 area. Initial support is at 1.0840,...

USDCHF Weekly Analysis – January 18, 2014

by ForexCycle.com | January 18, 2014 6:15 am
USDCHF stayed in a trading range between 0.8799 and 0.9249. As long as 0.9249 key resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9751, one more fall towards...

USDJPY Weekly Analysis – January 18, 2014

by ForexCycle.com | January 18, 2014 6:15 am
USDJPY remains in uptrend from 96.57, the fall from 105.44 is treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 110.00 area. Support is at 102.85, only...

AUDUSD Weekly Analysis – January 18, 2014

by ForexCycle.com | January 18, 2014 6:14 am
After consolidation, AUDUSD broke below 0.8820 support, and continued its downward movement from 0.9756. Further decline could be expected, and next target would be at 0.8500 area. Key resistance is now at 0.9085, only break above this...