Author: ForexCycle.com

USDCADUSDCAD is in up trend. The rise from 0.9056 extended to as high as 1.0000, and further rise towards 1.0100 to reach the next short term cycle top is still possible in the next several days. Near...

USDJPY is in down trend. The fall from 117.93 extended to as low as 107.21. Further fall towards 105.00 is still possible in the next several days. Near term resistance is at the edge of the price...

AUDUSDAUDUSD’s rise from 0.8651 is limited by the down trend line from 0.9068 to 0.8952. Fall towards 0.8500 to reach the next short term cycle bottom is still possible, and a break below 0.8651 previous will confirm...

GBPUSDGBPUSD broke below 2.0526 key support and topped at 2.0762 on 4 hours chart. Further fall below 2.0352 previous low to reach the next short term cycle bottom is expected to follow, and a break below 2.0515...

GBPUSDGBPUSD formed a short term cycle bottom at 2.0352. Further rebound towards 2.0843 to reach the next short term cycle top is still possible in the next several days. However, the rise from 2.0352 is treated as...

USDCHFUSDCHF is in down trend. The fall from 1.1891 extended to as low as 1.1006. Further fall towards 1.0900 to reach the next short term cycle bottom is still possible in the next several days. Near term...

EURUSD is forming a sideways consolidation to the up trend. Pullback towards 1.4400 to reach the next cycle bottom on daily chart is still possible next week. Near term resistance is at 1.4751, a break above this...

USDJPYUSDJPY is forming a sideways consolidation in a range between 109.12 and 111.74. Further fall towards 105.00 is expected, and a break below 109.12 will signal the resumption of the down trend. Near term resistance is at...

AUDUSDAUDUSD rebounded from 0.8752, and further rise towards 0.9150 area to reach the next short term cycle top is still in favor. Near term support is at 0.8752, and long term key support is at 0.8748, a...

USDCHFUSDCHF is in consolidation to the down trend. Further rebounded towards 1.1300 area to reach the next short term cycle top is still in favor. Near term support is at 1.1176, a break below this level will...