USDCAD Weekly Analysis – March 18, 2018
USDCAD extended its upside movement from 1.2248 to as high as 1.3100. As long as the price is above the bullish trend line on the daily chart, the bullish move could be expected to continue and next...
Author: ForexCycle.com
USDJPY Weekly Analysis – March 18, 2018
USDJPY moved sideways in a trading range between 105.24 and 107.90. As long as 107.90 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 113.75 and a breakdown below 105.24 support could...
AUDUSD Weekly Analysis – March 18, 2018
AUDUSD broke below 0.7712 support, suggesting that the downtrend from 0.8135 has resumed. Further decline could be expected in a couple of weeks and next target would be at 0.7500 area. Key resistance is located at the...
GBPUSD Weekly Analysis – March 18, 2018
GBPUSD remains in the downtrend from 1.4345, the bounce from 1.3711 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and a breakdown below 1.3711 support could take price to next support...
EURUSD Weekly Analysis – March 18, 2018
EURUSD moved sideways in a trading range between 1.2154 and 1.2555. Another fall to test 1.2154 support would likely be seen next week. A breakdown below this level could take price to 1.1950 area. Below here would...
USDCAD Daily Analysis – March 16, 2018
USDCAD broke above 1.3000 resistance, suggesting that the uptrend from 1.2247 has resumed. Further rise could be expected after a minor consolidation and next target would be at 1.3150 area. Support levels are at 1.3025 and 1.2980,...
USDJPY Daily Analysis – March 16, 2018
USDJPY’s downside movement from 107.29 extended to as low as 105.78. Further decline towards 105.24 support would likely be seen in the coming days. A breakdown below this level could take price to 104.00 area. Near term...
AUDUSD Daily Analysis – March 16, 2018
AUDUSD broke below the bullish trend line on the 4-hour chart and extended its downside movement from 0.7916 to as low as 0.7770. Further decline could be expected after a minor consolidation and next target would be...
GBPUSD Daily Analysis – March 16, 2018
GBPUSD remains in the uptrend from 1.3711, the fall from 1.3995 is likely consolidation for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...
EURUSD Daily Analysis – March 16, 2018
EURUSD is now facing 1.2273 support. A breakdown below this level could take price to next support level at 1.2155. On the upside, as long as 1.2273 support holds, the sideways movement in the trading range between...