AUDUSD Daily Analysis – March 27, 2018

by ForexCycle.com | March 27, 2018 2:13 am
AUDUSD moved sideways in a trading range between 0.7672 and 0.7785. As long as 0.7785 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 0.7916 and a breakdown below...

GBPUSD Daily Analysis – March 27, 2018

by ForexCycle.com | March 27, 2018 2:12 am
GBPUSD stays in a rising price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.3711. Near term support is at 1.4075, as long as this level holds, the uptrend could be...

EURUSD Daily Analysis – March 27, 2018

by ForexCycle.com | March 27, 2018 2:12 am
EURUSD extended its upside movement from 1.2239 to as high as 1.2461, breaking above 1.2446 resistance. Further rise is still possible in a couple of days and next target would be at 1.2555 resistance. Support is now...

USDCAD Daily Analysis – March 26, 2018

by ForexCycle.com | March 26, 2018 3:52 am
USDCAD extended its downside movement from 1.3124 to as low as 1.2823, facing a key support level at 1.2803. A breakdown below this level would suggest that the uptrend from 1.2247 (Jan 31 low) had completed at...

USDJPY Daily Analysis – March 26, 2018

by ForexCycle.com | March 26, 2018 3:52 am
USDJPY extended its downside movement from 107.29 to as low as 104.63. Further decline could be expected in a couple of days and next target would be at 102.00 area. Resistance is at 105.60, as long as...

AUDUSD Daily Analysis – March 26, 2018

by ForexCycle.com | March 26, 2018 3:51 am
AUDUSD remains in the downtrend from 0.7916, the bounce from 0.7672 is likely correction for the downtrend. A breakdown below 0.7672 support could trigger another fall towards 0.7600. Resistance is at 0.7785, only a breakout of this...

GBPUSD Daily Analysis – March 26, 2018

by ForexCycle.com | March 26, 2018 3:51 am
GBPUSD extended its upside movement from 1.3711 to as high as 1.4215. Near term support is at 1.4075, as long as this level holds, the upside movement could be expected to continue and further rise towards 1.4345...

EURUSD Daily Analysis – March 26, 2018

by ForexCycle.com | March 26, 2018 3:50 am
EURUSD moved sideways in a trading range between 1.2239 and 1.2446. Another fall to test 1.2239 support would likely be seen in the coming days. A breakdown below this level could take price to next support level...

USDCAD Weekly Analysis – March 25, 2018

by ForexCycle.com | March 25, 2018 1:43 am
USDCAD broke below the bullish trend line on the daily chart, suggesting that consolidation for the uptrend from 1.2248 is underway. Range trading between 1.2650 and 1.3124 would likely be seen in a couple of weeks. As...

USDJPY Weekly Analysis – March 25, 2018

by ForexCycle.com | March 25, 2018 1:42 am
USDJPY extended its downside movement from 113.75 to as low as 104.63. Further decline is still possible next week and next target would be at 102.00 area. The key resistance is at 107.90, only a breakout of...