USDCAD Daily Analysis – March 15, 2018

by ForexCycle.com | March 15, 2018 3:32 am
USDCAD is testing the resistance at 1.3000. A breakout of this level would indicate that the upside movement from 1.2450 has resumed, then further rise towards 1.3100 area could be seen. Support is at the bottom trend...

USDJPY Daily Analysis – March 15, 2018

by ForexCycle.com | March 15, 2018 3:32 am
USDJPY broke below the bottom support trend line of the price channel on the 4-hour chart, indicating that the short term uptrend from 105.24 had completed at 107.29 already. Further decline to test 105.24 support would likely...

AUDUSD Daily Analysis – March 15, 2018

by ForexCycle.com | March 15, 2018 3:31 am
AUDUSD extended its upside movement from 0.7712 to as high as 0.7916. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...

GBPUSD Daily Analysis – March 15, 2018

by ForexCycle.com | March 15, 2018 3:31 am
GBPUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.3711. As long as the trend line support holds, the upside movement could be expected to continue and further rise...

EURUSD Daily Analysis – March 15, 2018

by ForexCycle.com | March 15, 2018 3:30 am
EURUSD moved sideways in a trading range between 1.2273 and 1.2446. Resistance is at 1.2446, a breakout of this level would suggest that the upside movement from 1.2155 has resumed, then further rise towards 1.2555 previous high...

USDCAD Daily Analysis – March 14, 2018

by ForexCycle.com | March 14, 2018 3:15 am
USDCAD failed to break below the bottom support trend line of the price channel on its 4-hour chart and rebounded strongly from 1.2803. The pair is now facing 1.3000 resistance, a breakout of this level could signal...

USDJPY Daily Analysis – March 14, 2018

by ForexCycle.com | March 14, 2018 3:14 am
USDJPY stays in a rising price channel on its 4-hour chart and remains in the short term uptrend from 105.24. As long as the price is in the channel, the upside move could be expected to continue...

AUDUSD Daily Analysis – March 14, 2018

by ForexCycle.com | March 14, 2018 3:14 am
AUDUSD stays above a bullish trend line on its 4-hour and remains in the uptrend from 0.7712. As long as the trend line support holds, the uptrend could be expected to continue and next target would be...

GBPUSD Daily Analysis – March 14, 2018

by ForexCycle.com | March 14, 2018 3:13 am
GBPUSD broke above 1.3929 resistance, suggesting that the uptrend from 1.3711 has resumed. Support is now located at the bullish trend line on the 4-hour chart. As long as the trend line support holds, the upside movement...

EURUSD Daily Analysis – March 14, 2018

by ForexCycle.com | March 14, 2018 3:13 am
EURUSD’s bounce from 1.2273 extended to as high as 1.2407. Further rise to test 1.2446 resistance is possible. A breakout of this level could signal resumption of the uptrend from 1.2155, then next target would be at...