USDCAD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:32 am
USDCAD is forming a sideways consolidation in a range between 1.2447 and 1.2835. The sideways movement could be expected to continue over the next several days. Key support is at 1.2447, as long as this level holds,...

USDJPY Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:31 am
USDJPY is now in downtrend from 122.02, the rise from 119.29 would possibly be correction of the downtrend. Another fall could be expected, and next target would be at 118.00 area. Resistance is at 122.02, only break...

AUDUSD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:30 am
AUDUSD is in uptrend from 0.7560, the fall from 0.7846 would possibly be correction of the uptrend. Another rise could be expected after correction, and the target would be at 0.8000 area. Support is at 0.7560, only...

GBPUSD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:29 am
GBPUSD is forming a sideways consolidation in a range between 1.4634 and 1.5162. The sideways movement could be expected to continue over the next several days. Resistance is at 1.5162, as long as this level holds, another...

EURUSD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:28 am
EURUSD is forming a sideways consolidation in a range between 1.0462 and 1.1045. The sideways movement could be expected to continue over the next several days. As long as 1.1045 resistance holds, the long term downtrend from...

USD/JPY Forecast March 19, 2015, Technical Analysis

by FX Empire | March 19, 2015 6:17 am
The USD/JPY pair fell hard during the course of the day on Wednesday as the Federal Reserve announced its monetary policy, suggesting that perhaps they will have to be patient for longer than anticipated about rate increases....

USD/CAD Forecast March 19, 2015, Technical Analysis

by FX Empire | March 19, 2015 6:17 am
The USD/CAD pair found support at the 1.25 level, but only after smashing through it at one point. In fact, the market broke down significantly and as a result it looks like we are going to continue...

GBP/USD Forecast March 19, 2015, Technical Analysis

by FX Empire | March 19, 2015 6:16 am
The GBP/USD pair broke higher during the course of the session after initially falling on Wednesday, as we sliced through the 1.50 level. In fact, the surge was massive and as a result we anticipate quite a...

EUR/USD Forecast March 19, 2015, Technical Analysis

by FX Empire | March 19, 2015 6:15 am
The EUR/USD pair broke higher during the course of the day on Wednesday, testing the 1.10 level after the Federal Reserve suggested that perhaps the interest rates in the United States will remain low for a longer...

AUD/USD Forecast March 19, 2015, Technical Analysis

by FX Empire | March 19, 2015 6:14 am
AUD/USD pair broke higher during the course of the session on Wednesday, testing the 0.79 level. However, we found enough resistance in that general vicinity to withstand the bullish pressure. Alternately, if we get some type of...