Forex Cycle Analysis

[sdotwewen]

AUDUSD is moving higher to reach the next cycle top and will test the medium term resistance at 0.7565 previous high. If this resistance is broken above, the pair will start its medium term bullish movement. Key support is now at 0.7489, only break below this level may signal a cycle top on 4 hours chart.
http://www.forexcycle.com

[sdotwewen]

USDCAD is in up trend, further rise above 1.1457 previous high resistance is possible later today. Key support is at 1.1262, only fall below this level may signal a reversal of the up trend.
http://www.forexcycle.com/usdcad.html

[sdotwewen]

Key support at 115.82 is broken below, USDJPY is in down trend. Further fall below 113.39 (the day low of July 10) is possible after near term support at 115.30 is broken below. Key resistance is now at 117.39, only rise above this level may signal a reversal of the down trend.
http://www.forexcycle.com

[sdotwewen]

Resistance at 1.2770 is broken above, EURUSD is in up trend, further rise towards 1.2861 previous high is possible in the next couple of days. Key support is now at 1.2659, only break below this level may signal a reversal of the up trend.
http://www.forexcycle.com/eurusd.html

[sdotwewen]

USDJPY is in down trend, further fall below 113.39 (the day low of July 10) is possible in next several days. Key resistance is at 116.02, as long as this resistance holds, down trend will continue.
http://www.forexcycle.com

[sdotwewen]

USDCHF is in down trend, initial resistance is the falling trend line resistance, now at 1.2353 level, as long as this resistance holds, down trend will continue. Key resistance is at 1.2422, only break above this level may signal a reversal of the down trend. http://www.forexcycle.com/usdchf.html

[sdotwewen]

EURUSD is testing the up trend line support. If this support holds, the pair would move higher to test 1.2861 previous high resistance. If this level gives way, the pair would move lower to test the key support at 1.2719, a break below this level may signal a reversal of the up trend, and it would move lower to reach the next cycle bottom on 4 hours chart.
http://www.forexcycle.com/

[sdotwewen]

USDJPY is moving higher to test the price channel. A slightly break above the key resistance at 115.37 is possible later today. The next cycle top on 4 hours chart may appears after breaking above this level.
http://www.forexcycle.com