AUDUSD Daily Analysis – April 1, 2014

by ForexCycle.com | April 1, 2014 3:10 am
AUDUSD remains in uptrend from 0.8995, the fall from 0.9294 could be treated as consolidation of the uptrend. Support is at 0.9200, as long as this level holds, the uptrend could be expected to resume, and next...

GBPUSD Daily Analysis – April 1, 2014

by ForexCycle.com | April 1, 2014 3:09 am
GBPUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.6465, and the rise extended to as high as 1.6684. As long as the trend line support holds, the uptrend could be...

EURUSD Daily Analysis – April 1, 2014

by ForexCycle.com | April 1, 2014 3:09 am
EURUSD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 1.3966 had completed at 1.3705 already, then the following upward...

USD/JPY Forecast April 1, 2014, Technical Analysis

by FX Empire | April 1, 2014 1:28 am
The USD/JPY pair rose during the session on Monday, breaking out above the 103 level. That is a significant break out as far as we’re concerned, showing that we will continue to have bullish pressure to the...

USD/CAD Forecast April 1, 2014, Technical Analysis

by FX Empire | April 1, 2014 1:27 am
The USD/CAD pair fell initially during the session on Monday, but as you can see found the 1.10 level to be supportive enough to bounce significantly and form a hammer. This is the second hammer in a...

GBP/USD Forecast April 1, 2014, Technical Analysis

by FX Empire | April 1, 2014 1:26 am
The GBP/USD pair initially fell during the session on Monday, but found enough support below the range for the day that the market bounce back up and formed a hammer. This hammer of course suggests that we...

EUR/USD Forecast April 1, 2014, Technical Analysis

by FX Empire | April 1, 2014 1:26 am
The EUR/USD pair rose during the session on Monday, but had a very volatile trading range as we went back and forth. Ultimately, the market only gained fractionally, and as a result we are still my convinced...

AUD/USD Forecast April 1, 2014, Technical Analysis

by FX Empire | April 1, 2014 1:26 am
The AUD/USD pair initially fell during the session on Monday, but found the 0.9250 level to be supportive enough to bounce the market back around and form a hammer. This hammer of course is a buying opportunity...