EURUSD Analysis – March 23, 2013

by ForexCycle.com | March 23, 2013 9:51 am
EURUSD remains in downtrend from 1.3711, the rise from 1.2843 is likely consolidation of the downtrend. Another fall to 1.2750 area would likely be seen next week. Key resistance is now at 1.3100, only break above this...

USDCAD Analysis – March 17, 2013

by ForexCycle.com | March 17, 2013 3:00 am
USDCAD is facing the support of the lower line of the upward price channel on daily chart. As long as the channel support holds, the fall from 1.0341 could be treated as consolidation of the uptrend from...

USDCHF Analysis – March 17, 2013

by ForexCycle.com | March 17, 2013 2:59 am
USDCHF is facing the support of the upward trend line on daily chart. As long as the trend line support holds, the fall from 0.9567 could be treated as consolidation of the uptrend from 0.9021, another rise...

USDJPY Analysis – March 17, 2013

by ForexCycle.com | March 17, 2013 2:58 am
USDJPY’s upward movement from 77.14 extends to as high as 96.70. Further rise is still possible after consolidation, and next target would be at 98.50 area. Support is at 93.00, only break below this level could signal...

AUDUSD Analysis – March 17, 2013

by ForexCycle.com | March 17, 2013 2:54 am
AUDUSD breaks above 1.0400 key resistance and reaches as high as 1.0413, suggesting that the downtrend from 1.0597 had completed at 1.0115 already. Further rise could be seen over the next several days, and next target would...

GBPUSD Analysis – March 17, 2013

by ForexCycle.com | March 17, 2013 2:54 am
GBPUSD remains in downtrend from 1.6339, the rise from 1.4831 would possibly be consolidation of the downtrend. Key resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the...

EURUSD Analysis – March 17, 2013

by ForexCycle.com | March 17, 2013 2:50 am
EURUSD’s downward movement from 1.3711 extends to as low as 1.2911. Further decline is still possible after a minor consolidation, and next target would be at 1.2750 area. Key resistance is at 1.3200, as long as this...

USDCAD Analysis – March 10, 2013

by ForexCycle.com | March 10, 2013 8:26 am
USDCAD remains in uptrend from 0.9815, the fall from 1.0341 is likely consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.0500 area. Support is at 1.0200, only break...

USDCHF Analysis – March 10, 2013

by ForexCycle.com | March 10, 2013 8:25 am
USDCHF’s upward movement from 0.9021 extends to as high as 0.9552. Further rise could be expected after a minor consolidation, and next target would be at 0.9700 area.

USDJPY Analysis – March 10, 2013

by ForexCycle.com | March 10, 2013 8:25 am
After consolidation, USDJPY continues its upward movement from 77.14, and the rise extends to as low as 96.55. Further rise could be expected and next target would be at 98.50 area.