USDCAD Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:05 am
USDCAD failed to break above 1.2797 resistance, and stayed in the trading range between 1.2351 and 1.2797. Deeper decline to test the support of the upward trend line on daily chart could be seen, as long as...

USDJPY Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:05 am
After touching 121.84 resistance, USDJPY pulled back into the trading range between 115.56 and 121.84, indicating that lengthier consolidation for the uptrend from 101.06 (Jul 10, 2014 low) is underway. Deeper decline to 114.00 area to complete...

AUDUSD Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:04 am
AUDUSD moved sideways in a trading range between 0.7560 and 0.7912. Key resistance is at 0.8000, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 0.9504 (Jul 1,...

GBPUSD Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:03 am
GBPUSD remains in downtrend from 1.7190 (Jul 15, 2014 high), the rise from 1.4634 could be treated as consolidation of the downtrend. Resistance is located at the top of the price channel on daily chart, as long...

EURUSD Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:02 am
EURUSD remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462 is likely consolidation of the downtrend. Range trading between 1.0462 and 1.1200 is possible over the next several weeks. Key resistance is at...

USDCAD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:32 am
USDCAD is forming a sideways consolidation in a range between 1.2447 and 1.2835. The sideways movement could be expected to continue over the next several days. Key support is at 1.2447, as long as this level holds,...

USDJPY Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:31 am
USDJPY is now in downtrend from 122.02, the rise from 119.29 would possibly be correction of the downtrend. Another fall could be expected, and next target would be at 118.00 area. Resistance is at 122.02, only break...

AUDUSD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:30 am
AUDUSD is in uptrend from 0.7560, the fall from 0.7846 would possibly be correction of the uptrend. Another rise could be expected after correction, and the target would be at 0.8000 area. Support is at 0.7560, only...

GBPUSD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:29 am
GBPUSD is forming a sideways consolidation in a range between 1.4634 and 1.5162. The sideways movement could be expected to continue over the next several days. Resistance is at 1.5162, as long as this level holds, another...

EURUSD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:28 am
EURUSD is forming a sideways consolidation in a range between 1.0462 and 1.1045. The sideways movement could be expected to continue over the next several days. As long as 1.1045 resistance holds, the long term downtrend from...