AUDUSD Daily Analysis – March 10, 2014

by ForexCycle.com | March 10, 2014 3:30 am
AUDUSD remains in uptrend from 0.8890, the fall from 0.9133 could be treated as consolidation of the uptrend. Another rise could be expected, and next target would be at 0.9250 area. Support is at 0.9000, only break...

GBPUSD Daily Analysis – March 10, 2014

by ForexCycle.com | March 10, 2014 3:29 am
GBPUSD’s upward movement from 1.6582 extended to as high as 1.6785. Further rise to test 1.6822 resistance is possible, a break above this level will signal resumption of the uptrend from 1.6252, then next target would be...

EURUSD Daily Analysis – March 10, 2014

by ForexCycle.com | March 10, 2014 3:29 am
EURUSD’s upward movement from 1.3477 extended to as high as 1.3914. Key support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to...

USDCAD Daily Analysis – March 7, 2014

by ForexCycle.com | March 7, 2014 4:06 am
USDCAD’s downward movement from 1.1192 extended to as low as 1.0955. Deeper decline is still possible, and next target would be at 1.0900 area. Key resistance is located at the downward trend line on 4-hour chart, only...

USDCHF Daily Analysis – March 7, 2014

by ForexCycle.com | March 7, 2014 4:05 am
After touching the downward trend line on 4-hour chart, USDCHF pulled back to 0.8794. The fall from 0.8895 is likely resumption of the downtrend from 0.9081. Deeper decline could be expected, and next target would be at...

USDJPY Daily Analysis – March 7, 2014

by ForexCycle.com | March 7, 2014 4:05 am
USDJPY broke above 102.82 resistance, suggesting that the uptrend from 100.75 has resumed. Further rise could be expected, and next target would be at 104.00 area. Support is at 102.20, as long as this level holds, the...

AUDUSD Daily Analysis – March 7, 2014

by ForexCycle.com | March 7, 2014 4:04 am
AUDUSD broke above 0.9080 resistance, suggesting that the uptrend from 0.8660 (Jan 24 low) has resumed. Further rise could be expected, and next target would be at 0.9200 area. Support is at 0.9030, as long as this...

GBPUSD Daily Analysis – March 7, 2014

by ForexCycle.com | March 7, 2014 4:03 am
GBPUSD moved sideways in a trading range between 1.6582 and 1.6822. Key support is at 1.6582, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...

EURUSD Daily Analysis – March 7, 2014

by ForexCycle.com | March 7, 2014 4:01 am
EURUSD continued its upward movement from 1.3477, and the rise extended to as high as 1.3872. Initial support is at 1.3800, and the key support is at the upward trend line on 4-hour chart, only a clear...

USDCAD Daily Analysis – March 6, 2014

by ForexCycle.com | March 6, 2014 3:58 am
USDCAD continues its downward movement from 1.1192, and the fall extends to as low as 1.1025. Deeper decline is still possible, and next target would be at 1.0970 area. Resistance is at the downward trend line on...