USDCAD Weekly Analysis – March 29, 2015

by ForexCycle.com | March 29, 2015 7:22 am
USDCAD remains in uptrend from 1.0619 (Jul 3, 2014 low), the sideways movement in the range between 1.2351 and 1.2835 is likely consolidation of the uptrend. Key support is at 1.2351, as long as this level holds,...

USDJPY Weekly Analysis – March 29, 2015

by ForexCycle.com | March 29, 2015 7:21 am
USDJPY remains in uptrend from 101.06 (Jul 10, 2014 low), the sideways movement in the range between 115.56 and 122.02 could be treated as consolidation of the uptrend. Support is at 115.56, as long as this level...

AUDUSD Weekly Analysis – March 29, 2015

by ForexCycle.com | March 29, 2015 7:21 am
After touching 0.7912 resistance, AUDUSD pulled back into the trading range between 0.7560 and 0.7912, indicating that the pair remains in downtrend from 0.9504 (Jul 1, 2014 high), and the price action in the trading range could...

GBPUSD Weekly Analysis – March 29, 2015

by ForexCycle.com | March 29, 2015 7:20 am
GBPUSD’s bounce from 1.4634 extended to as high as 1.5162. Further rise to test the resistance of the top of the price channel on daily chart is possible. As long as the channel resistance holds, the rise...

EURUSD Weekly Analysis – March 29, 2015

by ForexCycle.com | March 29, 2015 7:19 am
EURUSD stays in the downward price channel on daily chart, and remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462 could be treated as consolidation of the downtrend. Resistance is located at the...

USDCAD Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:05 am
USDCAD failed to break above 1.2797 resistance, and stayed in the trading range between 1.2351 and 1.2797. Deeper decline to test the support of the upward trend line on daily chart could be seen, as long as...

USDJPY Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:05 am
After touching 121.84 resistance, USDJPY pulled back into the trading range between 115.56 and 121.84, indicating that lengthier consolidation for the uptrend from 101.06 (Jul 10, 2014 low) is underway. Deeper decline to 114.00 area to complete...

AUDUSD Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:04 am
AUDUSD moved sideways in a trading range between 0.7560 and 0.7912. Key resistance is at 0.8000, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 0.9504 (Jul 1,...

GBPUSD Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:03 am
GBPUSD remains in downtrend from 1.7190 (Jul 15, 2014 high), the rise from 1.4634 could be treated as consolidation of the downtrend. Resistance is located at the top of the price channel on daily chart, as long...

EURUSD Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:02 am
EURUSD remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462 is likely consolidation of the downtrend. Range trading between 1.0462 and 1.1200 is possible over the next several weeks. Key resistance is at...