USDCAD Weekly Analysis – September 11, 2016

by ForexCycle.com | September 11, 2016 9:16 am
USDCAD moved sideways in a price channel on daily chart. As long as 1.2654 key support holds, the price action in the channel could be treated as consolidation of the uptrend from 1.2460, and further rise to...

USDJPY Weekly Analysis – September 11, 2016

by ForexCycle.com | September 11, 2016 9:15 am
USDJPY continued its sideways movement in a range between 98.97 and 107.48. Key resistance is at 107.48, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend...

AUDUSD Weekly Analysis – September 11, 2016

by ForexCycle.com | September 11, 2016 9:14 am
AUDUSD’s upward movement may have completed at 0.7755 already. Key support is at 0.7489, a breakdown below this level could bring price to 0.6900 zone. However, as long as 0.7489 support holds, one more rise to 0.8000...

GBPUSD Weekly Analysis – September 11, 2016

by ForexCycle.com | September 11, 2016 9:14 am
GBPUSD moved sideways without trend in a range between 1.2795 and 1.3480 for several weeks. As long as 1.3800 key resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.5016, another fall...

EURUSD Weekly Analysis – September 11, 2016

by ForexCycle.com | September 11, 2016 9:13 am
EURUSD stays in the upward price channel on daily chart, indicating that the pair remains in uptrend from 1.0911. As long as the channel support holds, the uptrend could be expected to continue, and next target would...

USD/JPY Forecast September 12, 2016, Technical Analysis

by FX Empire | September 11, 2016 1:34 am
The USD/JPY pair had a slightly positive session on Friday, as we continue to grind to the upside. With this being the case, it’s very likely that the market will try to reach towards the 104 level,...

USD/CAD Forecast September 12, 2016, Technical Analysis

by FX Empire | September 11, 2016 1:33 am
The US dollar rose against the Canadian dollar during the course of the day on Friday, breaking above the 1.30 level. If we can break above the top of the candle during the day, it shows quite...

GBP/USD Forecast September 12, 2016, Technical Analysis

by FX Empire | September 11, 2016 1:32 am
GBP/USD markets initially tried to rally during the course of the day on Friday, but turned gray back around to form a slightly negative candle. However, when I think more important is the fact that we formed...

EUR/USD Forecast September 12, 2016, Technical Analysis

by FX Empire | September 11, 2016 1:32 am
The EUR/USD pair fell during the course of the day on Friday, testing the 1.12 level. I believe that given enough time we will probably continue to bang around in the recent consolidation area, so this point...

AUD/USD Forecast September 12, 2016, Technical Analysis

by FX Empire | September 11, 2016 1:31 am
The AUD/USD pair fell rather rapidly during the course of the session on Friday, but as you can see there are a lot of support at various just below, so having said that I think that we...