USDCAD Analysis – December 1, 2012

by ForexCycle.com | December 1, 2012 10:53 am
USDCAD is testing the support of the upward trend line on daily chart, a clear break below the trend line support will indicate that the uptrend from 0.9632 had completed at 1.0055 already, then the following downward...

USDCHF Analysis – December 1, 2012

by ForexCycle.com | December 1, 2012 10:52 am
USDCHF is facing 0.9214 support, a breakdown below this level could signal resumption of the downtrend from 0.9971, then the target would be at 0.8500 area.

USDJPY Analysis – December 1, 2012

by ForexCycle.com | December 1, 2012 10:51 am
USDJPY stays above a upward trend line on daily chart, and remains in uptrend from 77.14, the fall from 82.83 is treated as consolidation of the uptrend. Initial support is at 81.65, as long as this level...

AUDUSD Analysis – December 1, 2012

by ForexCycle.com | December 1, 2012 10:50 am
AUDUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.0149, and the rise extends to as high as 1.0488. Further rise is still possible next week, and next target would be...

GBPUSD Analysis – December 1, 2012

by ForexCycle.com | December 1, 2012 10:50 am
GBPUSD is now facing the downward trend line on daily chart, a clear break above the trend line resistance will indicate that the downtrend from 1.6309 had completed at 1.5827 already, then further rise to test 1.6309...

EURUSD Analysis – December 1, 2012

by ForexCycle.com | December 1, 2012 10:46 am
EURUSD’s upward movement from 1.2661 extends to as high as 1.3027. Further rise to test 1.3171 resistance would likely be seen, a break above this level will confirm that the uptrend from 1.2042 has resumed, then the...

USDCAD Analysis – November 24, 2012

by ForexCycle.com | November 24, 2012 4:32 am
USDCAD is facing the support of the upward trend line on daily chart, a clear break below the trend line support will indicate that a cycle top has been formed at 1.0055, and the upward movement from...

USDCHF Analysis – November 24, 2012

by ForexCycle.com | November 24, 2012 4:32 am
USDCHF had formed a cycle top at 0.9511 on daily chart. Further decline could be expected next week, and next target would be at 0.9100-0.9150 area. Resistance is at 0.9400, only break above this level could trigger...

USDJPY Analysis – November 24, 2012

by ForexCycle.com | November 24, 2012 4:31 am
USDJPY’s upward movement from 77.14 extends to as high as 82.83. Further rise would likely be seen next week, and next target would be at 84.00 area. Initial support is at 81.50, and the key support is...

AUDUSD Analysis – November 24, 2012

by ForexCycle.com | November 24, 2012 4:30 am
Being contained by the support of the lower line of the price channel on 4-hour chart, AUDUSD rebounded from 1.0287, suggesting that a cycle bottom has been formed on daily chart.