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.

AUDUSD Analysis – March 10, 2013

by ForexCycle.com | March 10, 2013 8:24 am
AUDUSD’s downward movement from 1.0597 extends to as low as 1.0115. Further decline would likely be seen and next target would be at 1.0000 area. Key resistance is at 1.0400, only break above this level could signal...

GBPUSD Analysis – March 10, 2013

by ForexCycle.com | March 10, 2013 8:23 am
GBPUSD stays below a downward trend line on daily chart, and remains in downtrend from 1.6339, and the fall extends to as low as 1.4887. Further decline could be expected after a minor consolidation, and next target...

EURUSD Analysis – March 10, 2013

by ForexCycle.com | March 10, 2013 8:22 am
EURUSD remains in downtrend from 1.3711. Resistance is at 1.3200, as long as this level holds, the downtrend could be expected to continue, and further decline to 1.2750 area could be expected.

USDCAD Analysis – March 3, 2013

by ForexCycle.com | March 3, 2013 8:49 am
USDCAD’s upward movement from 0.9932 extends to as high as 1.0341. Further rise could be expected after a minor consolidation, and next target would be at 1.0500 area.

USDCHF Analysis – March 3, 2013

by ForexCycle.com | March 3, 2013 8:48 am
USDCHF breaks above 0.9388 resistance, and reaches as high as 0.9462, suggesting that the downtrend from 0.9971 had completed at 0.9021 already. Further rise is still possible and next target would be at 0.9600 area.

USDJPY Analysis – March 3, 2013

by ForexCycle.com | March 3, 2013 8:47 am
USDJPY broke below the upward trend line on daily chart, suggesting that lengthier consolidation of the uptrend from 77.14 is underway. Range trading between 90.00 and 94.54 would likely be seen over the next several days.