USDJPY Weekly Analysis – April 19, 2015

by ForexCycle.com | April 19, 2015 8:51 am
USDJPY continued its sideways movement in a range between 115.56 and 122.02. Another fall to test 115.56 support is possible, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend...

AUDUSD Weekly Analysis – April 19, 2015

by ForexCycle.com | April 19, 2015 8:50 am
AUDUSD moved sideways in a trading range between 0.7532 and 0.7938. As long as 0.7938 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another fall to...

GBPUSD Weekly Analysis – April 19, 2015

by ForexCycle.com | April 19, 2015 8:49 am
GBPUSD remains in downtrend from 1.7190 (Jul 15, 2014 high), the rise from 1.4565 is likely consolidation of the downtrend. Resistance is located at the top of the price channel on daily chart, as long as the...

EURUSD Weekly Analysis – April 19, 2015

by ForexCycle.com | April 19, 2015 8:48 am
EURUSD moved sideways in a range between 1.0462 and 1.1052. As long as 1.1052 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3993 (May 8, 2014 high), another...

USD/JPY Forecast April 20, 2015, Technical Analysis

by FX Empire | April 19, 2015 1:14 am
The USD/JPY pair went back and forth during the course of the session on Friday, but as you can see had a slightly negative result. With that being the case, the market looks as if it is...

USD/CAD Forecast April 20, 2015, Technical Analysis

by FX Empire | April 19, 2015 1:13 am
The USD/CAD pair fell during the bulk of the session on Friday, but found enough support at the 1.21 level to turn things back around and form a nice-looking hammer. With this, it appears of the market...

GBP/USD Forecast April 20, 2015, Technical Analysis

by FX Empire | April 19, 2015 1:13 am
The GBP/USD pair initially broke higher during the course of the session on Friday, but as you can see struggled at the 1.50 level. By doing so, the market turned back around and formed a shooting star...

EUR/USD Forecast April 20, 2015, Technical Analysis

by FX Empire | April 19, 2015 1:12 am
The EUR/USD pair went back and forth during the course of the day on Friday, eventually settling on a slightly positive candle. The candle is in quite a shooting star, but it does look similar. Because of...

AUD/USD Forecast April 20, 2015, Technical Analysis

by FX Empire | April 19, 2015 1:11 am
The AUD/USD pair initially tried to rally during the course of the session on Friday, but found enough resistance above the 0.78 level to turn things back around and form a shooting star. The shooting star of...

USD/JPY Forecast April 17, 2015, Technical Analysis

by FX Empire | April 17, 2015 6:34 am
The USD/JPY pair initially tried to rally during the course of the day on Thursday, but found the area above the 119 level to be a bit too resistive. By finding that, it ended up turning back...