USDCAD Daily Analysis – March 27, 2017

by ForexCycle.com | March 27, 2017 2:22 am
USDCAD moved sideways in a trading range between 1.3264 and 1.3409. Resistance is at 1.3409, a break of this level will confirm that the downtrend from 1.3535 had completed at 1.3264 already, then the following upward movement...

USDJPY Daily Analysis – March 27, 2017

by ForexCycle.com | March 27, 2017 2:21 am
USDJPY continued its downward movement from 115.50 and the fall extended to as low as 110.25. Further decline is still possible after a minor consolidation and next target would be at 109.00 area. Near term resistance is...

AUDUSD Daily Analysis – March 27, 2017

by ForexCycle.com | March 27, 2017 2:19 am
AUDUSD remains in downtrend from 0.7749. Further decline could be expected in a couple of days and next target would be at 0.7550 area. Resistance is at the top of the price channel on 4-hours chart, only...

GBPUSD Daily Analysis – March 27, 2017

by ForexCycle.com | March 27, 2017 2:18 am
GBPUSD stays in a ascending price channel on 4-hour chart and remains in uptrend from 1.2109. As long as the pair is in the channel, the uptrend could be expected to continue and next target would be...

EURUSD Daily Analysis – March 27, 2017

by ForexCycle.com | March 27, 2017 2:17 am
EURUSD’s upward movement from 1.0494 extended to as high as 1.0849. Further rise is still possible in a couple of days and next target would be at 1.0900 area. Near term support is at the bottom of...

USDCAD Daily Analysis – March 24, 2017

by ForexCycle.com | March 23, 2017 10:49 pm
USDCAD is now in uptrend from 1.3264, the fall from 1.3409 is likely correction of the uptrend. Further rise is possible in a couple of days and next target would be at 1.3500 area. Support is at...

USDJPY Daily Analysis – March 24, 2017

by ForexCycle.com | March 23, 2017 10:48 pm
USDJPY’s downward movement from 115.50 extended to as low as 110.62. Further decline is still possible after a minor consolidation and next target would be at 110.00 area. Near term resistance is at the top of the...

AUDUSD Daily Analysis – March 24, 2017

by ForexCycle.com | March 23, 2017 10:47 pm
AUDUSD is now in downtrend from 0.7749. Further decline could be expected in a couple of days and next target would be at 0.7550 area. Resistance is at 0.7685, only break above this level could trigger another...

GBPUSD Daily Analysis – March 24, 2017

by ForexCycle.com | March 23, 2017 10:46 pm
GBPUSD’s upward movement from 1.2109 extended to as high as 1.2531. Further rise is still possible after a minor consolidation and next target would be at 1.2600 area. Near term support is at the rising trend line...

EURUSD Daily Analysis – March 24, 2017

by ForexCycle.com | March 23, 2017 10:45 pm
EURUSD remains in uptrend from 1.0494, the fall from 1.0824 is likely consolidation of the uptrend. Near term support is located at the bottom of the price channel on 4-hours chart. As long as the channel support...