AUD/USD Forecast March 22, 2016, Technical Analysis

by FX Empire | March 22, 2016 6:05 am
The AUD/USD pair had a fairly volatile session on Monday, but ultimately settled on a relatively negative candle. Because of this, it looks like the markets probably going to have to pullback in order to find enough...

USDCAD Weekly Analysis – March 20, 2016

by ForexCycle.com | March 20, 2016 1:13 pm
USDCAD continued its downward movement from 1.4689, and the fall extended to as low as 1.2923. Further decline could be expected in a couple of weeks, and next target would be at 1.2500 area. Resistance is at...

USDJPY Weekly Analysis – March 20, 2016

by ForexCycle.com | March 20, 2016 1:12 pm
After consolidation, USDJPY broke below 110.97 support, indicating that the downtrend from 123.75 has resumed. Further decline could be expected over the next several weeks, and next target would be at 105.00 area. Resistance is at 114.87,...

AUDUSD Weekly Analysis – March 20, 2016

by ForexCycle.com | March 20, 2016 1:12 pm
AUDUSD’s upward movement from 0.6826 extended to as high as 0.7680. Support is now at 0.7400, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.8000 area....

GBPUSD Weekly Analysis – March 20, 2016

by ForexCycle.com | March 20, 2016 1:11 pm
GBPUSD’s bounce from 1.3835 extended to as high as 1.4514. Further rise to test 1.4668 resistance could be seen next week, a break of this level will indicate that the downtrend from 1.5929 (Jun 18, 2015 high)...

EURUSD Weekly Analysis – March 20, 2016

by ForexCycle.com | March 20, 2016 1:10 pm
EURUSD is facing 1.1376 resistance, a break of this level will confirm that the uptrend from 1.0517 has resumed, then next target would be at 1.2000 area. Key support is at 1.0700, only break below this level...

USD/CAD Forecast March 21, 2016, Technical Analysis

by FX Empire | March 20, 2016 11:58 am
The USD/CAD pair fell initially during the day on Friday, but it now appears that the uptrend line may catch this market and turning back around. With this, and the fact that the 1.30 level coincides quite...

EUR/USD Forecast March 21, 2016, Technical Analysis

by FX Empire | March 20, 2016 11:57 am
The EUR/USD pair fell during the course of the session on Friday, as the 1.13 level continues offer quite a bit of resistance. With this, the market looks like it is going to drift lower but we...

USD/JPY Forecast March 21, 2016, Technical Analysis

by FX Empire | March 20, 2016 11:56 am
The USD/JPY pair rose slightly during the course of the day on Friday as we reached extreme lower levels, but in the end we believe that this market will more than likely find sellers again, as we...

GBP/USD Forecast March 21, 2016, Technical Analysis

by FX Empire | March 20, 2016 11:54 am
The GBP/USD pair went back and forth during the course of the day on Friday, essentially settling nothing. What it does show us though is that the 1.45 level above should be resistive. We believe that eventually...