USDCAD Daily Analysis – March 16, 2015
USDCAD’s upward movement from 1.2406 extended to as high as 1.2823. Near term support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to...
Author: ForexCycle.com
USDJPY Daily Analysis – March 16, 2015
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 118.23. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
AUDUSD Daily Analysis – March 16, 2015
AUDUSD stays within the downward price channel on 4-hour chart, and remains in downtrend from 0.7912. Near term resistance is at the top of the channel, as long as the channel resistance holds, the downtrend could be...
GBPUSD Daily Analysis – March 16, 2015
GBPUSD continued its downward movement from 1.5551, and the fall extended to as low as 1.4698. Further decline could be expected after a minor consolidation, and next target would be at 1.4500 area. Resistance is now at...
EURUSD Daily Analysis – March 16, 2015
EURUSD’s downward movement from 1.1450 extended to as low as 1.0462. Further decline could be expected, and next target would be at 1.0200 area. Resistance is at 1.0700, only break above this level could signal completion of...
USDCAD Weekly Analysis – March 15, 2015
USDCAD broke above 1.2797 resistance, indicating that the uptrend from 1.0619 (Jul 3, 2014 low) has resumed. Further rise could be expected, and next target would be at 1.3500 area. Support is at 1.2600, only break below...
USDJPY Weekly Analysis – March 15, 2015
USDJPY broke above 121.84 resistance, indicating that the uptrend from 101.06 (Jul 10, 2014 low) has resumed. Further rise could be expected, and next target would be at 130.00 area. Support is at 119.00, only break below...
AUDUSD Weekly Analysis – March 15, 2015
AUDUSD broke below 0.7625 support, indicating that the downtrend from 0.9504 (Jul 1, 2014 high) has resumed. Further decline could be expected, and next target would be at 0.7000 area. Near term resistance is at the downward...
GBPUSD Weekly Analysis – March 15, 2015
GBPUSD broke below 1.4950 support, and the downward movement from 1.7190 (Jul 15, 2014 high) extended to as low as 1.4698. Further decline could be expected after a minor consolidation, and next target would be at 1.4000...
EURUSD Weekly Analysis – March 15, 2015
EURUSD’s downward movement from 1.3993 (May 8, 2014 high) extended to as low as 1.0462. Further decline could be expected after a minor consolidation and next target would be at 1.0000 area. Resistance is now at 1.1000,...