USDCAD Daily Analysis – March 26, 2014

by ForexCycle.com | March 26, 2014 3:29 am
USDCAD is facing 1.1150 support, a breakdown below this level will indicate that the uptrend from 1.1025 had completed at 1.1278 already, then the following downward movement could bring price back to 1.1000 zone. On the upside,...

USDCHF Daily Analysis – March 26, 2014

by ForexCycle.com | March 26, 2014 3:27 am
USDCHF’s upward movement from 0.8699 extended to as high as 0.8878. Key support is now at 0.8787, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.8950...

USDJPY Daily Analysis – March 26, 2014

by ForexCycle.com | March 26, 2014 3:27 am
USDJPY continued its sideways movement in a narrow range between 102.01 and 102.68. Support is at 102.01, a breakdown below this level will indicate that the upward movement from 101.20 had completed at 102.68 already, then the...

AUDUSD Daily Analysis – March 26, 2014

by ForexCycle.com | March 26, 2014 3:26 am
AUDUSD’s upward movement from 0.8995 extended to as high as 0.9174. Further rise could be expected after a minor consolidation and next target would be at 0.9250 area. Support is at 0.9100, only break below this level...

GBPUSD Daily Analysis – March 26, 2014

by ForexCycle.com | March 26, 2014 3:25 am
GBPUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 1.6785, the rise from 1.6465 could be treated as consolidation of the downtrend. As long as the channel resistance holds, the downtrend...

EURUSD Daily Analysis – March 26, 2014

by ForexCycle.com | March 26, 2014 3:25 am
EURUSD is bottoming at 1.3749, a break above 1.3875 resistance will confirm that the downward movement from 1.3966 is complete, then the following upward move could bring price to 1.4500 area. Support is at 1.3749, only break...

USDCAD Daily Analysis – March 25, 2014

by ForexCycle.com | March 25, 2014 2:19 am
No changed in our view, USDCAD remains in uptrend from 1.1025, the fall from 1.1278 is likely consolidation of the uptrend. As long as 1.1150 support holds, the uptrend could be expected to resume, and next target...

USDCHF Daily Analysis – March 25, 2014

by ForexCycle.com | March 25, 2014 2:19 am
USDCHF’s fall from 0.8869 extended to as low as 0.8787, suggesting that the uptrend from 0.8699 is complete. Deeper decline would likely be seen, and next target would be at 0.8720 area. Resistance is at 0.8869, only...

USDJPY Daily Analysis – March 25, 2014

by ForexCycle.com | March 25, 2014 2:18 am
USDJPY moved sideways in a narrow range between 102.01 and 102.68. Resistance is at 102.68, a break above this level will trigger another rise to test 103.76 resistance. Support is at 102.01, a breakdown below this level...

AUDUSD Daily Analysis – March 25, 2014

by ForexCycle.com | March 25, 2014 2:17 am
AUDUSD broke above 0.9137 resistance, indicating that the uptrend from 0.8660 (Jan 24 low) has resumed. The uptrend could be expected to continue over the next several days, and next target would be at 0.9250 area. Support...