USDCHF Soars: Downtrend Defeated or Bullish Illusion?

by ForexCycle.com | March 15, 2024 11:03 am
USDCHF has displayed a remarkable surge, decisively breaking above key resistance levels. This analysis examines the technical situation and explores potential scenarios for the currency pair. Bulls Charge Higher: Upside Targets in Sight: Support to Monitor: Overall...

USDJPY Stages Reversal: Bulls Back in Control?

by ForexCycle.com | March 15, 2024 10:51 am
USDJPY has displayed a significant shift in momentum, breaking above a key resistance level. This analysis explores the technical situation and potential scenarios for the currency pair. Upside Breakout or False Signal? Bullish Momentum Building: Support Levels...

EURUSD Tests Channel Support: Bounce or Breakdown?

by ForexCycle.com | March 15, 2024 10:31 am
EURUSD has encountered a hurdle in its uptrend, reaching the lower boundary of a technical indicator. This analysis examines the current situation and explores potential scenarios for the currency pair. Uptrend at a Crossroads: Potential Scenarios: Downside...

USDCAD Slides Lower: Will the Downtrend Persist?

by ForexCycle.com | March 14, 2024 1:51 am
USDCAD has extended its decline, breaking through a key support level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Downside Move Resumes: Potential Downside Targets: Signs of a Potential Rebound: Key...

USDCHF Bounces Back: Downtrend Reversal or False Hope?

by ForexCycle.com | March 14, 2024 1:29 am
USDCHF has displayed a recent surge, breaking above a key technical level. This analysis dives into the technical situation and explores potential scenarios for the currency pair. Upward Breakout or False Dawn? Two Potential Scenarios: Levels to...

EURUSD Uptrend Continues: Breakout or Consolidation?

by ForexCycle.com | March 14, 2024 1:00 am
EURUSD has experienced a pullback after reaching new highs, but the technical outlook remains positive. This analysis examines the recent price action and explores potential scenarios for the currency pair. Uptrend Supported by Channel: Key Levels to...

AUDUSD Uptrend Takes a Breather: Correction or Reversal?

by ForexCycle.com | March 13, 2024 5:04 am
AUDUSD has displayed a recent pullback after a strong uptrend, prompting a closer look at the technical situation. This analysis explores the potential scenarios for the currency pair. Uptrend Intact, But Correction Likely: Key Levels to Watch:...

EURUSD Stumbles: Uptrend on Hold or Reversal in Sight?

by ForexCycle.com | March 13, 2024 4:21 am
EURUSD has experienced a technical shift, raising questions about the continuation of the uptrend. This analysis examines the recent price action and explores potential scenarios for the currency pair. Uptrend Loses Momentum: Rangebound Trading Expected: Key Levels...

USDCHF Tumbles: Downtrend in Control or Chance for Reversal?

by ForexCycle.com | March 12, 2024 2:12 am
USDCHF has displayed a bearish move, breaking below a key support level and continuing its decline within a defined channel. This analysis examines the technical outlook and explores potential scenarios for the currency pair. Downward Momentum Persists:...

GBPUSD: Bullish Run Pauses, Consolidation or Reversal?

by ForexCycle.com | March 12, 2024 1:40 am
GBPUSD has displayed a recent shift in momentum, prompting a closer look at the technical situation. This analysis explores the potential scenarios for the currency pair. Upside Momentum Stalls: Consolidation or Reversal? Key Levels to Watch: Overall...