AUDUSD Weekly Analysis – March 30, 2014

by ForexCycle.com | March 30, 2014 6:22 am
AUDUSD’ upward movement from 0.8660 extended to as high as 0.9294. Further rise could be expected, and the target would be at 0.9600 area. Support is located at the upward trend line on daily chart, only a...

GBPUSD Weekly Analysis – March 30, 2014

by ForexCycle.com | March 30, 2014 6:22 am
Being contained by the lower line of the price channel on daily chart, GBPUSD rebounded from 1.6465, suggesting that the fall from 1.6822 had completed. Further rise to test 1.6822 resistance could be expected, a break above...

EURUSD Weekly Analysis – March 30, 2014

by ForexCycle.com | March 30, 2014 6:21 am
EURUSD’s fall from 1.3966 extended to as low as 1.3705. Deeper decline is still possible, and the target would be at 1.3550 area. Resistance is at 1.3875, only break above this level will indicate that the uptrend...

USDCAD Daily Analysis – March 28, 2014

by ForexCycle.com | March 28, 2014 12:52 am
USDCAD’s downward movement from 1.1278 extended to as low as 1.1013. Further decline could be expected after a minor consolidation, and the target would be at 1.0950 area. Resistance is at 1.1100, only break above this level...

USDCHF Daily Analysis – March 28, 2014

by ForexCycle.com | March 28, 2014 12:52 am
USDCHF remains in uptrend from 0.8699, the price action in the range between 0.8787 and 0.8878 is likely consolidation of the uptrend. Key support is at 0.8787, as long as this level holds, the uptrend could be...

USDJPY Daily Analysis – March 28, 2014

by ForexCycle.com | March 28, 2014 12:51 am
USDJPY is now in downtrend from 102.68. Deeper decline to test 101.20 support would likely be seen, a breakdown below this level will confirm that the longer term downtrend from 103.76 has resumed, then the following downward...

AUDUSD Daily Analysis – March 28, 2014

by ForexCycle.com | March 28, 2014 12:51 am
AUDUSD’s upward movement from 0.8995 extended to as high as 0.9292. Support is now at 0.9200, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9350 area....

GBPUSD Daily Analysis – March 28, 2014

by ForexCycle.com | March 28, 2014 12:50 am
GBPUSD’s upward movement from 1.6465 extended to as high as 1.6646. Further rise could be expected in a couple of days, and next target would be at 1.6700 area. Support is at 1.6540, as long as this...

EURUSD Daily Analysis – March 28, 2014

by ForexCycle.com | March 28, 2014 12:49 am
EURUSD broke below 1.3749 support, indicating that the downtrend from 1.3966 has resumed. Further decline could be expected in a couple of days, and next target would be at 1.3600 area. Resistance is now at 1.3820, only...