USDJPY Weekly Analysis – April 12, 2014

by ForexCycle.com | April 12, 2014 3:24 pm
USDJPY is facing 100.75 support again, a breakdown below this level will signal resumption of the downtrend from 105.44, then the next target would be at 95.00 area. On the upside, as long as 100.75 support holds,...

AUDUSD Weekly Analysis – April 12, 2014

by ForexCycle.com | April 12, 2014 3:24 pm
AUDUSD’s upward movement from 0.8660 extended to as high as 0.9461. Further rise would likely be seen after a minor consolidation, and the target would be at 0.9600 area. Key support is located at the upward trend...

GBPUSD Weekly Analysis – April 12, 2014

by ForexCycle.com | April 12, 2014 3:23 pm
GBPUSD is facing 1.6822 resistance, a break above this level will signal resumption of the uptrend from 1.4813 (Jul 9, 2013 low), then the following upward movement could bring price to 1.7500 area. On the downside, as...

EURUSD Weekly Analysis – April 12, 2014

by ForexCycle.com | April 12, 2014 3:22 pm
EURUSD is facing 1.3966 resistance, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then the following upward movement could bring price to 1.4500 area. On the other side,...

USD/JPY Forecast April 14, 2014, Technical Analysis

by FX Empire | April 12, 2014 3:11 pm
The USD/JPY pair initially rose during the session on Friday, bouncing off of the 101.50 support area. That being the case, it does look somewhat bullish down here, but we gave back about half of the gains....

USD/CAD Forecast April 14, 2014, Technical Analysis

by FX Empire | April 12, 2014 3:10 pm
The USD/CAD pair rose during the session on Friday again, and as it appears the market looks as if it is trying to break out above that area, but if we can get above there we believe...

GBP/USD Forecast April 14, 2014, Technical Analysis

by FX Empire | April 12, 2014 3:10 pm
The GBP/USD pair fell during the session on Friday, but as you can see there is plenty of noise below and it has been a fairly impulsive market to the upside recently. With that, we are still...

EUR/USD Forecast April 14, 2014, Technical Analysis

by FX Empire | April 12, 2014 3:09 pm
The EUR/USD pair went back and forth during the session on Friday, essentially settling nothing. At the end of the day, we still find yourselves bullish though, and it appears that a pullback could come though. That...

AUD/USD Forecast April 14, 2014, Technical Analysis

by FX Empire | April 12, 2014 3:08 pm
The AUD/USD pair went back and forth during the session on Friday, forming a fairly neutral candle. Having said that, the market is rather bullish overall that we think that a pullback could be coming. After the...

AUD/USD Trend Continuation Setup (April 11, 2014)

by Kate Curtis | April 11, 2014 6:25 am
  AUD/USD made a strong rally yesterday thanks to upbeat jobs data, but it was unable to sustain its rally when Chinese CPI came in weaker than expected today. The pair topped around the .9450 minor psychological...