AUDUSD Daily Analysis – March 3, 2014

by ForexCycle.com | March 3, 2014 1:35 am
AUDUSD broke below 0.8906 support, suggesting that the uptrend from 0.8660 had completed at 0.9080 already. Deeper decline would likely be seen, and next target would be at 0.8800 area. However, the fall from 0.9080 would possibly...

GBPUSD Daily Analysis – March 3, 2014

by ForexCycle.com | March 3, 2014 1:34 am
GBPUSD broke above 1.6730 resistance. Further rise to test 1.6822 resistance would likely be seen, a break above this level will confirm that the uptrend from 1.6252 has resumed, then next target would be at 1.7000 area....

EURUSD Daily Analysis – March 3, 2014

by ForexCycle.com | March 3, 2014 1:34 am
EURUSD broke above 1.3773 resistance, indicating that the uptrend from 1.3477 has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.3900 area. Key support is now located at the...

USDCAD Weekly Analysis – March 2, 2014

by ForexCycle.com | March 2, 2014 6:46 am
USDCAD moved sideways in a trading range between 1.0910 and 1.1224. As long as the trend line support holds, the price action from 1.1224 could be treated as consolidation of the uptrend from 1.0182, another rise towards...

USDCHF Weekly Analysis – March 2, 2014

by ForexCycle.com | March 2, 2014 6:46 am
USDCHF broke below 0.8799 previous low, suggesting that the downtrend from 0.9838 (May 22, 2013 high) has resumed. Further decline could be expected, and next target would be at 0.8300 area. Resistance is at 0.8930, only break...

USDJPY Weekly Analysis – March 2, 2014

by ForexCycle.com | March 2, 2014 6:45 am
USDJPY remains in downtrend from 105.44, the rise from 100.75 would possibly be correction of the downtrend. As long as 105.44 key resistance holds, the downtrend could be expected to resume, and another fall towards 95.00 would...

AUDUSD Weekly Analysis – March 2, 2014

by ForexCycle.com | March 2, 2014 6:45 am
AUDUSD failed to break above 0.9085 resistance and pulled back to 0.8903. However, another rise to re-test 0.9085 resistance would likely be seen, a break above this level will signal completion of the downtrend from 0.9756, then...

GBPUSD Weekly Analysis – March 2, 2014

by ForexCycle.com | March 2, 2014 6:44 am
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low). Initial support is at 1.6580, and the key support is located at the lower line of the price channel on daily chart. As long as the channel...

EURUSD Weekly Analysis – March 2, 2014

by ForexCycle.com | March 2, 2014 6:42 am
EURUSD is facing 1.3892 resistance, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then the following upward movement could bring price to 1.4500 area. Support is at 1.3640,...

USD/JPY Forecast March 3, 2014, Technical Analysis

by FX Empire | March 1, 2014 3:24 pm
The USD/JPY pair fell during the session on Friday, but remains well within the consolidation area that we have seen for some time meaning that we don’t look at this as a move in one direction or...