GBPUSD Daily Analysis – March 13, 2018

by ForexCycle.com | March 13, 2018 2:25 am
GBPUSD is facing 1.3929 resistance. A breakout of this level would indicate that the uptrend from 1.3711 has resumed, then the following upside movement could take price towards next resistance level at 1.4069. Near term support is...

EURUSD Daily Analysis – March 13, 2018

by ForexCycle.com | March 13, 2018 2:25 am
EURUSD remains in the short term downtrend from 1.2446, the bounce from 1.2273 could be treated as correction for the downtrend. Near term resistance is at 1.2390, as long as this level holds, the downtrend could be...

Bitcoin BTCUSD Elliott Wave View Calling for Rally toward $15.000

by elliottwave-forecast.com | March 12, 2018 10:30 am
Since all time high in December 2017, Bitcoin BTCUSD ( Value in US Dollar ) dropped 70% before finally bottoming around $6590 on the 6th of February 2018. The big decline drove fear into the digital market...

AUDUSD Channel Resistance (Mar 12, 2018)

by Kate Curtis | March 12, 2018 3:24 am
AUDUSD is trending lower on its 4-hour time frame and is testing the top of the descending channel. If this holds as resistance, price could fall back to support at the bottom of the channel around the...

USDCAD Daily Analysis – March 12, 2018

by ForexCycle.com | March 12, 2018 2:47 am
USDCAD broke below the bullish trend line on the 4-hour chart, suggesting that lengthier consolidation for the uptrend from 1.2247 is underway. Deeper decline is still possible in a couple of days and the target would be...

USDJPY Daily Analysis – March 12, 2018

by ForexCycle.com | March 12, 2018 2:46 am
USDJPY extended its upside movement from 105.24 to as high as 107.05. Further rise towards 107.90 resistance is possible in the coming days. Support level is at 106.00, only break below this level could bring price back...

AUDUSD Daily Analysis – March 12, 2018

by ForexCycle.com | March 12, 2018 2:46 am
AUDUSD broke above 0.7842 resistance, suggesting that the uptrend from 0.7712 has resumed. Further rally could be expected in a couple of days and next target would be at 0.7930 area. Support level is now at 0.7772,...

GBPUSD Daily Analysis – March 12, 2018

by ForexCycle.com | March 12, 2018 2:45 am
GBPUSD is in short term downtrend from 1.3929, the bounce from 1.3781 is likely correction for the downtrend. As long as 1.3929 resistance holds, another fall to test 1.3711 support could be expected. A breakdown below this...

EURUSD Daily Analysis – March 12, 2018

by ForexCycle.com | March 12, 2018 2:44 am
EURUSD is in short term downtrend from 1.2446. Further decline would likely be seen and next target would be at 1.2155 support. A breakdown below this level would confirm that the whole uptrend from 1.1554 (Nov 7,...

USDCAD Weekly Analysis – March 11, 2018

by ForexCycle.com | March 11, 2018 6:25 am
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2248. As long as the price is above the trend line, the fall from 1.3000 could be treated as consolidation...