USDJPY Weekly Analysis – January 5, 2014

by ForexCycle.com | January 5, 2014 5:42 am
USDJPY stays within a upward price channel on daily chart, and remains in uptrend from 96.57. Support is located at the lower line of the channel. As long as the channel support holds, the uptrend could be...

AUDUSD Weekly Analysis – January 5, 2014

by ForexCycle.com | January 5, 2014 5:41 am
AUDUSD is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend from 0.9756 could be expected to resume, and another fall towards 0.8500 is still...

GBPUSD Weekly Analysis – January 5, 2014

by ForexCycle.com | January 5, 2014 5:40 am
GBPUSD remains in uptrend from 1.5854, the fall from 1.6593 could be treated as consolidation of the uptrend. Initial support is at the lower line of the price channel on daily chart, as long as the channel...

EURUSD Weekly Analysis – January 5, 2014

by ForexCycle.com | January 5, 2014 5:40 am
EURUSD broke below 1.3625 support, suggesting that the upward movement from 1.3296 had completed at 1.3892 already. Deeper decline would likely be seen, and the target would be at the lower line of the price channel on...

USDCAD Weekly Analysis – December 29, 2013

by ForexCycle.com | December 29, 2013 2:10 am
USDCAD stays within a upward price channel on daily chart, and remains in uptrend from 1.0182, the price action in the trading range between 1.0561 and 1.0737 could be treated as consolidation of the uptrend. Key support...

USDCHF Weekly Analysis – December 29, 2013

by ForexCycle.com | December 29, 2013 2:09 am
USDCHF’s downward movement from 0.9249 extended to as low as 0.8799. Further decline could be expected, and next target would be at 0.8500 area. Key resistance is located at the upper line of the price channel on...

USDJPY Weekly Analysis – December 29, 2013

by ForexCycle.com | December 29, 2013 2:09 am
USDJPY’s upward movement from 96.57 extended to as high as 105.18. Support is located at the lower line of the price channel on daily chart, as long as the channel support holds, the uptrend could be expected...

AUDUSD Weekly Analysis – December 29, 2013

by ForexCycle.com | December 29, 2013 2:08 am
AUDUSD stays below a downward trend line of daily chart and remains in downtrend from 0.9756. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

GBPUSD Weekly Analysis – December 29, 2013

by ForexCycle.com | December 29, 2013 2:07 am
GBPUSD continues its upward movement from 1.5854 and the rise extended to as high as 1.6577. Support is now at 1.6330, as long as this level holds, further rise could be expected, and next target would be...

EURUSD Weekly Analysis – December 29, 2013

by ForexCycle.com | December 29, 2013 2:06 am
EURUSD broke above 1.3832 resistance and reached as high as 1.3892, suggesting that the uptrend from 1.2756 has resumed. Further rise could be expected, and next target would be at 1.4000 area. Support is now at 1.3625,...