USDJPY Weekly Analysis – March 10, 2019

by ForexCycle.com | March 10, 2019 6:30 am
USDJPY stays in a bullish price channel on the daily chart and remains in the uptrend from 105.05. As long as the channel support holds, the upside movement could be expected to continue and next target would...

AUDUSD Weekly Analysis – March 10, 2019

by ForexCycle.com | March 10, 2019 6:29 am
AUDUSD extended its downside movement from 0.7295 to as low as 0.7003. Further decline could be expected and next target would be at 0.6900 area. Resistance is located at the falling trend line on the daily chart,...

GBPUSD Weekly Analysis – March 10, 2019

by ForexCycle.com | March 10, 2019 6:28 am
GBPUSD is facing the support of the bullish trend line on the daily chart. As long as the trend line support holds, the price action from 1.3217 could be treated as consolidation for the uptrend from 1.2396,...

EURUSD Weekly Analysis – March 10, 2019

by ForexCycle.com | March 10, 2019 6:27 am
EURUSD broke below 1.1215 support, suggesting that the downside movement from 1.2555 (Feb 16, 2018 high) has resumed. Further decline is still possible and next target would be at 1.1000 area. Resistance is located at the falling...

USDCAD Daily Analysis – March 8, 2019

by ForexCycle.com | March 8, 2019 3:09 am
USDCAD remains in the uptrend from 1.3112. As long as 1.3413 support holds, the upside movement could be expected to continue and next target would be at 1.3500 area. On the downside, a breakdown below 1.3413 support...

USDJPY Daily Analysis – March 8, 2019

by ForexCycle.com | March 8, 2019 3:09 am
USDJPY stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 108.49. As long as the trend line support holds, the fall from 112.13 could be treated as consolidation for the...

AUDUSD Daily Analysis – March 8, 2019

by ForexCycle.com | March 8, 2019 3:08 am
AUDUSD extended its downside movement from 0.7198 to as low as 0.7004. As long as 0.7051 resistance holds, the downside movement could be expected to continue and next target would be at 0.6950 area. Only a break...

GBPUSD Daily Analysis – March 8, 2019

by ForexCycle.com | March 8, 2019 3:07 am
GBPUSD’s downside movement from 1.3350 extended to as low as 1.3067. Key resistance is now at 1.3184. As long as this level holds, the downside movement could be expected to continue and next target would be at...

EURUSD Daily Analysis – March 8, 2019

by ForexCycle.com | March 8, 2019 3:06 am
EURUSD extended its downside movement from 1.1419 to as low as 1.1176, breaking below 1.1234 previous low support. Further decline is still possible after a minor consolidation and next target would be at 1.1100 area. Resistance is...