EURUSD Daily Analysis – March 17, 2017
EURUSD stays in a ascending price channel on 4-hours chart and remains in uptrend from 1.0494. As long as the pair stays in the channel, the uptrend could be expected to continue, and further rise to test...
Author: ForexCycle.com
USDCAD Daily Analysis – March 16, 2017
USDCAD broke below 1.3421 key support and is now in downtrend from 1.3535. Near term resistance is at 1.3380, as long as this level holds, the downtrend could be expected to continue, and next target would be...
USDJPY Daily Analysis – March 16, 2017
USDJPY broke below the upward price channel on 4-hours chart, indicating that the uptrend from 111.68 had completed at 115.50 already. The pair is now in downtrend, further decline could be expected in a couple of days,...
AUDUSD Daily Analysis – March 16, 2017
AUDUSD broke above 0.7632 resistance and is now in uptrend from 0.7490. Further rise could be expected after a minor consolidation and next target would be at 0.7800 area. Support is at 0.7640, as long as this...
GBPUSD Daily Analysis – March 16, 2017
GBPUSD broke above 1.2251 resistance, indicating that the downtrend from 1.2569 had completed at 1.2109 already. Further rise could be expected after a minor consolidation, and next target would be at 1.2400 area.
EURUSD Daily Analysis – March 16, 2017
EURUSD failed to break below the the bottom of the rising price channel on 4-hours chart and rebounded strongly from 1.0600, indicating that the pair remains in uptrend from 1.0494. As long as the pair stays in...
USDCAD Daily Analysis – March 15, 2017
USDCAD stays in a ascending price channel on 4-hours chart, and remains in uptrend from 1.3009. As long as the channel support holds, the fall from 1.3535 could be treated as consolidation of the uptrend and further...
USDJPY Daily Analysis – March 15, 2017
USDJPY stays in the rising price channel on 4-hours chart and remains in uptrend from 111.68. As long as the pair stays in the channel, the fall from 115.50 could be treated as consolidation of the uptrend...
AUDUSD Daily Analysis – March 15, 2017
AUDUSD remains in downtrend from 0.7740, the price action from 0.7542 is likely consolidation of the downtrend. Key resistance is at 0.7632, as long as the pair is below this level, the downtrend could be expected to...
GBPUSD Daily Analysis – March 15, 2017
GBPUSD continued its downward movement from 1.2569 and the fall extended to as low as 1.2109. Resistance is now at 1.2251, as long as this level holds, the downtrend could be expected to continue and next target...