AUDUSD Daily Analysis – March 14, 2019

by ForexCycle.com | March 14, 2019 6:06 am
AUDUSD moved sideways in a trading range between 0.7048 and 0.7097. As long as 0.7048 support holds, the price action in the range could be treated as consolidation in the uptrend from 0.7003, further rise to 0.7170...

GBPUSD Daily Analysis – March 14, 2019

by ForexCycle.com | March 14, 2019 6:06 am
GBPUSD broke above 1.3350 resistance, suggesting that the upside movement from 1.2772 has resumed. Further rise is still possible in a couple of days and next target would be at 1.3500 area. Support is at 1.3200, only...

EURUSD Daily Analysis – March 14, 2019

by ForexCycle.com | March 14, 2019 6:05 am
EURUSD stays above a bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.1176. As long as the trend line support holds, the upside movement could be expected to continue...

USDCAD Daily Analysis – March 13, 2019

by ForexCycle.com | March 13, 2019 5:30 am
USDCAD’s pullback from 1.3467 extended to as low as 1.3350. Deeper decline is still possible and next target would be at 1.3300 area. Resistance is at the falling trend line on the 4-hour chart, a breakout of...

USDJPY Daily Analysis – March 13, 2019

by ForexCycle.com | March 13, 2019 5:29 am
USDJPY is in consolidation for the downtrend from 112.13. Range trading between 110.77 and 111.60 would likely be seen in a couple of days. Resistance is at 111.60, as long as this level holds, the downside movement...

AUDUSD Daily Analysis – March 13, 2019

by ForexCycle.com | March 13, 2019 5:28 am
AUDUSD remains in the uptrend from 0.7003, the pullback from 0.7091 is likely correction for the uptrend. Another rise could be expected after the correction and next target would be at 0.7170 area. Key support is at...

GBPUSD Daily Analysis – March 13, 2019

by ForexCycle.com | March 13, 2019 5:27 am
GBPUSD failed to break above 1.13350 resistance and stayed in a trading range between 1.2960 and 1.3350. Lengthier consolidation in the trading range is possible in a couple of days. Another rise towards 1.3600 would likely be...

EURUSD Daily Analysis – March 13, 2019

by ForexCycle.com | March 13, 2019 5:26 am
EURUSD’s upside movement from 1.1176 extended to as high as 1.1304. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – March 12, 2019

by ForexCycle.com | March 12, 2019 2:47 am
USDCAD is in consolidation for the uptrend from 1.3112. Range trading between 1.3345 and 1.3467 would likely be seen in a couple of days. Key support is at 1.3345, as long as this level holds, the upside...

USDJPY Daily Analysis – March 12, 2019

by ForexCycle.com | March 12, 2019 2:46 am
USDJPY remains in the downtrend from 112.13, the bounce from 110.77 is likely correction for the downtrend. Another fall could be expected after the correction and next target would be at 110.00 area. Resistance is at 111.75,...