Author: ForexCycle.com

USDCADUSDCAD is in down trend. The fall from 1.1825 extended to as low as 1.1133, further decline towards 1.1100 is still possible in a couple of days. Near term resistance is at the down trend line from...

USDJPYUSDJPY traded in a narrow range between 118.22 and 119.03 for 3 days. Further rise towards 119.86 previous high to reach the next cycle top on 4 hours chart can still be expected in the next several...

USDCHFUSDCHF bottomed at 1.2001 on 4 hours chart, and further rise towards 1.2200 to reach the next cycle top on 4 hours chart can be expected in a couple of days. Near term support is at 1.2055...

AUDUSDThe fall from 0.8392 is limited by the up trend line support, AUDUSD rebound from 0.8281. Further rise towards the key resistance at 0.8392 is still possible later today, and the key resistance will more likely be...

GBPUSDGBPUSD is in correction to the up trend, more sideways consolidation can be expected in the next several days, and further fall below the up trend line to reach the next cycle bottom on 4 hours chart...

AUDUSDAUDUSD is in up trend supported by the up trend line from 0.7680 to 0.8063, and reached as high as 0.8392. Further rally towards 0.8460 to reach the next cycle top on 4 hours chart is still...

EURUSDNo changed in our view, EURUSD is in up trend supported by the rising price channel. Further rise towards 1.3668 (2004 high) is still possible in the next several days. Near term support is at the price...

AUDUSDNo changed to our view, AUDUSD is in up trend, and further rise towards 0.8400 to reach the next cycle top on 4 hours chart is still possible in the next several days. Near term support is...

EURUSDEURUSD is in up trend, the rise from 1.3339 extended to as high as 1.3515, further rally towards 1.3550 level is still possible later today. Near term support is at 1.3406, and followed by the up trend...

GBPUSDGBPUSD is testing the previous high resistance at 1.9824, a break above this level will indicate long term bullish movement is underway, and further rise above 1.9913 (the day high of Jan 23) will be seen. On...