USDJPY Daily Analysis – March 27, 2014

by ForexCycle.com | March 27, 2014 3:38 am
USDJPY broke below 102.01 support, suggesting that the uptrend from 101.20 had completed at 102.68 already. Deeper decline to test 101.20 support could be expected, a breakdown below this level will signal resumption of the longer term...

AUDUSD Daily Analysis – March 27, 2014

by ForexCycle.com | March 27, 2014 3:37 am
AUDUSD continued its upward movement from 0.8995, and the rise extended to as high as 0.9244. Further rise could be expected after a minor consolidation, and next target would be at 0.9300 area. Support is now at...

GBPUSD Daily Analysis – March 27, 2014

by ForexCycle.com | March 27, 2014 3:36 am
GBPUSD broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 1.6785 had completed at 1.6465 already. Further rally could be expected over the next several days, and next target...

EURUSD Daily Analysis – March 27, 2014

by ForexCycle.com | March 27, 2014 3:35 am
EURUSD stays in a trading range between 1.3749 and 1.3875. Resistance is at 1.3875, a break above this level will confirm that the downtrend from 1.3966 had completed at 1.3749 already, then the following upward movement could...

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...