USD/CAD Forecast March 28, 2014, Technical Analysis

by FX Empire | March 28, 2014 6:19 am
The USD/CAD pair fell during the session on Thursday, but found enough support in the 1.10 level to stay somewhat afloat. That being the case, the market appears supported enough to perhaps continue the recent consolidation. The...

GBP/USD Forecast March 28, 2014, Technical Analysis

by FX Empire | March 28, 2014 6:19 am
The GBP/USD pair had a positive session on Thursday, but gave back some of the gains once we get close to the 1.6650 level. Nonetheless, we are bullish of this pair overall, but need to see a...

EUR/USD Forecast March 28, 2014, Technical Analysis

by FX Empire | March 28, 2014 6:18 am
The 1.37 level continues to offer a little bit of a barrier in the EUR/USD pair, as was seen on Thursday. However, it appears that it’s only a matter of time before this market breaks down, but...

AUD/USD Forecast March 28, 2014, Technical Analysis

by FX Empire | March 28, 2014 6:17 am
The AUD/USD pair rose during the session on Thursday, breaking above the 0.9250 level. That being the case, we believe that this market is trying to get sell to go higher, perhaps as high as the 0.95...

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...