EURUSD Daily Analysis – March 18, 2014

by ForexCycle.com | March 18, 2014 3:09 am
EURUSD remains in uptrend from 1.3477, the fall from 1.3966 could be treated as consolidation of the uptrend. Support is at 1.3845, followed by the upward trend line on 4-hour chart. As long as the trend line...

USDCAD Daily Analysis – March 17, 2014

by ForexCycle.com | March 17, 2014 3:11 am
USDCAD failed to break above 1.1192 resistance and pulled back from 1.1153, suggesting that lengthier sideways movement is underway. Deeper decline would likely be seen, and the target would be at 1.0990 area. Key support is at...

USDCHF Daily Analysis – March 17, 2014

by ForexCycle.com | March 17, 2014 3:10 am
USDCHF stays below a downward trend line on 4-hour chart, and remains in downtrend from 0.9081. Further decline could be expected after a minor consolidation, and next target would be at 0.8600 area. Key resistance is at...

USDJPY Daily Analysis – March 17, 2014

by ForexCycle.com | March 17, 2014 3:09 am
USDJPY is facing 101.20 support, a breakdown below this level will signal resumption of the downtrend from 105.44 (Jan 2 high), then the following downward movement could bring price to 98.00 area. Resistance is at 101.90, only...

AUDUSD Daily Analysis – March 17, 2014

by ForexCycle.com | March 17, 2014 3:08 am
AUDUSD remains in uptrend from 0.8660 (Jan 24 low), the price action from 0.9080 could be treated as consolidation of the uptrend. Another rise towards 0.9350 could be expected after consolidation, and a break above 0.9133 could...

GBPUSD Daily Analysis – March 17, 2014

by ForexCycle.com | March 17, 2014 3:07 am
GBPUSD remains in downtrend from 1.6822. Deeper decline would likely be seen, and the target would be at 1.6500 area. Resistance is at the downward trend line on 4-hour chart, only a clear break above the trend...

EURUSD Daily Analysis – March 17, 2014

by ForexCycle.com | March 17, 2014 3:06 am
EURUSD’s upward movement from 1.3477 extended to as high as 1.3966. Key support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to...

USDCAD Weekly Analysis – March 16, 2014

by ForexCycle.com | March 16, 2014 6:18 am
USDCAD continued its sideways movement in a range between 1.0910 and 1.1224. Key support is at 1.0910, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...

USDCHF Weekly Analysis – March 16, 2014

by ForexCycle.com | March 16, 2014 6:17 am
USDCHF continued its downward movement from 0.9156, and the fall extended to as low as 0.8699. Further decline could be expected after a minor consolidation, and next target wold be at 0.8300 area. Resistance levels are at...

USDJPY Weekly Analysis – March 16, 2014

by ForexCycle.com | March 16, 2014 6:16 am
USDJPY is facing 100.75 support, a breakdown below this level will indicate that the downtrend from 105.44 has resumed, and the following downward movement could bring price to 95.00 area. Resistance is now at 103.80, only break...