EURUSD Daily Analysis – March 11, 2020

by ForexCycle.com | March 11, 2020 3:07 am
EURUSD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1496 could be treated as consolidation for the uptrend from 1.0778, and...

USDCAD Daily Analysis – March 10, 2020

by ForexCycle.com | March 10, 2020 3:45 am
USDCAD is in consolidation for the uptrend from 1.3201. Range trading between 1.3516 and 1.3759 would likely be seen in a couple of days. As long as 1.3516 support holds, the uptrend could be expected to resume...

USDJPY Daily Analysis – March 10, 2020

by ForexCycle.com | March 10, 2020 3:43 am
USDJPY is in consolidation for the downtrend from 112.22. Range trading between 101.17 and 105.00 would likely be seen in a couple of days. As long as the price is below the falling trend line on the...

AUDUSD Daily Analysis – March 10, 2020

by ForexCycle.com | March 10, 2020 3:41 am
AUDUSD is now in the uptrend from 0.6311, the pullback from 0.6684 is likely corrective consolidation for the uptrend. Range trading between 0.6450 and 0.6684 would likely be seen in a couple of days, a breakout of...

GBPUSD Daily Analysis – March 10, 2020

by ForexCycle.com | March 10, 2020 3:40 am
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2725. As long as the channel support holds, the upside movement could be expected to continue and next target would...

EURUSD Daily Analysis – March 10, 2020

by ForexCycle.com | March 10, 2020 3:39 am
EURUSD stays in a bullish trend line on the 4-hour chart and remains in the uptrend from 1.0778. As long as the trend line support holds, the pullback from 1.1496 could be treated as consolidation for the...

USDCAD Daily Analysis – March 9, 2020

by ForexCycle.com | March 9, 2020 3:11 am
USDCAD’s upside movement from 1.3314 extended to as high as 1.3759. Further rise is still possible after a minor consolidation and next target would be at 1.3850 area. Near term support is at 1.3570, as long as...

USDJPY Daily Analysis – March 9, 2020

by ForexCycle.com | March 9, 2020 3:10 am
USDJPY’s downside movement from 112.22 extended to as low as 101.53. Further decline is still possible after a minor consolidation and next target would be at 100.50 area. Near term resistance is at 103.50, a break of...

GBPUSD Daily Analysis – March 9, 2020

by ForexCycle.com | March 9, 2020 3:09 am
GBPUSD extended its upside movement from 1.2725 to as high as 1.3124. Further rally is still possible after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.3040, a breakdown...

EURUSD Daily Analysis – March 9, 2020

by ForexCycle.com | March 9, 2020 3:08 am
EURUSD continued its upside movement from 1.0778 and the rise extended to as high as 1.1496. Further rise could be expected after a minor consolidation and next target would be at 1.1600 area. Near term support is...