AUDUSD Analysis – March 30, 2013
AUDUSD may be forming a cycle top at 1.0496 on daily chart. Pullback to 1.0200 – 1.0300 area would likely be seen in a couple of weeks. However, the fall from 1.0496 would possibly be correction of...
Author: ForexCycle.com
GBPUSD Analysis – March 30, 2013
GBPUSD is facing the resistance of the downward trend line on daily chart, a clear break above the trend line resistance will indicate that the downtrend from 1.6339 had completed at 1.4831 already, then the following upward...
EURUSD Analysis – March 30, 2013
EURUSD’s downward movement from 1.3711 extends to as low as 1.2751. Further decline is still possible next week, and next target would be at 1.2500 area. Resistance is at 1.2950, only break above this level will signal...
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USDCAD Analysis – March 23, 2013
Being contained by the support of the lower line of the price channel on daily chart, USDCAD rebounded from 1.0180, suggesting that a cycle bottom is being formed on daily chart. Range trading between 1.0180 and 1.0341...
USDCHF Analysis – March 23, 2013
USDCHF breaks below the upward trend line on daily chart, suggesting that a cycle top is being formed at 0.9567. Further decline would likely be seen next week, and next target would be at 0.9250 area.
USDJPY Analysis – March 23, 2013
USDJPY may be forming a cycle top at 96.70 on daily chart. Pullback to 92.00 – 93.00 area would likely be seen next week. However, the fall from 96.70 would possibly be consolidation of the uptrend from...
AUDUSD Analysis – March 23, 2013
AUDUSD is now in uptrend from 1.0115. Support is at 1.0340, as long as this level holds, further rise could be expected next week, and next target would be at 1.0600 area, only break below 1.0340 support...
GBPUSD Analysis – March 23, 2013
GBPUSD is facing the resistance of the downward trend line on daily chart, a clear break above the trend line resistance will indicate that the downtrend from 1.6339 had completed at 1.4831 already, then the following upward...