GBP/USD Long-Term Uptrend (March 27, 2014)

by Kate Curtis | March 27, 2014 7:52 am
GBP/USD has shown momentum in crrying on with its ongoing uptrend, as it bounced off support on the rising trend line connecting the lows on the 4-hour time frame. This suggests that bulls are back in action...

USD/JPY Forecast March 27, 2014, Technical Analysis

by FX Empire | March 27, 2014 5:51 am
The USD/JPY pair fell during the bulk of the session on Wednesday, but as you can see found enough support in order to turn things back around and bounce above the 102 level. We believe that this...

USD/CAD Forecast March 27, 2014, Technical Analysis

by FX Empire | March 27, 2014 5:50 am
The USD/CAD pair fell during the session on Wednesday, slamming into the 1.11 level. Nonetheless, we still believe that there is enough support below to keep this market going higher over the longer term. With that, we...

GBP/USD Forecast March 27, 2014, Technical Analysis

by FX Empire | March 27, 2014 5:50 am
The GBP/USD pair initially fell during the session on Wednesday, but found the 1.65 level to be supportive enough to push the market back around. The market closed higher, and we believe that this bounce will continue...

EUR/USD Forecast March 27, 2014, Technical Analysis

by FX Empire | March 27, 2014 5:49 am
The EUR/USD pair fell during the session on Wednesday, but remains within the consolidation area that we had been in previously. With this, we really don’t see much in this chart to get excited about, and therefore...

AUD/USD Forecast March 27, 2014, Technical Analysis

by FX Empire | March 27, 2014 5:49 am
The AUD/USD pair rose during the session on Wednesday, slamming into the 0.9250 level. This was an area that we anticipated to see resistance at, so the fact that we stop there really isn’t much of a...

USDCAD Daily Analysis – March 27, 2014

by ForexCycle.com | March 27, 2014 3:39 am
USDCAD broke below 1.1150 support and reached as low as 1.1080, indicating the uptrend from 1.1025 had completed. Deeper decline could be expected and next target would be at 1.1000 area. Resistance is at 1.1150, as long...

USDCHF Daily Analysis – March 27, 2014

by ForexCycle.com | March 27, 2014 3:39 am
USDCHF remains in uptrend from 0.8699. As long as 0.8787 key support holds, the uptrend could be expected to continue, and next target would be at 0.8950 area. Only break below 0.8787 support could signal completion of...

USDJPY Daily Analysis – March 27, 2014

by ForexCycle.com | March 27, 2014 3:38 am
USDJPY broke below 102.01 support, suggesting that the uptrend from 101.20 had completed at 102.68 already. Deeper decline to test 101.20 support could be expected, a breakdown below this level will signal resumption of the longer term...