EURUSD Daily Analysis – March 28, 2019

by ForexCycle.com | March 28, 2019 3:29 am
EURUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.1448. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDCAD Daily Analysis – March 27, 2019

by ForexCycle.com | March 27, 2019 2:47 am
USDCAD’s fall from 1.3444 extended to as low as 1.3371. Deeper decline would likely be seen in a couple of days and next target would be at 1.3300 area. Resistance is at 1.3444, only break above this...

USDJPY Daily Analysis – March 27, 2019

by ForexCycle.com | March 27, 2019 2:46 am
USDJPY remains in the downtrend from 111.90, the bounce from 109.70 is likely consolidation for the downtrend. Key resistance is at 110.95, as long as this level holds, the downside movement could be expected to resume, and...

AUDUSD Daily Analysis – March 27, 2019

by ForexCycle.com | March 27, 2019 2:43 am
AUDUSD is in the downtrend from 0.7168, the bounce from 0.7065 is likely correction for the downtrend. Another fall could be expected and next target would be at 0.7000 area. Resistance is at 0.7168, only break above...

GBPUSD Daily Analysis – March 27, 2019

by ForexCycle.com | March 27, 2019 2:41 am
GBPUSD broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 1.3381 had completed at 1.3003 already. Further rally could be expected in the coming days and next target would be...

EURUSD Daily Analysis – March 27, 2019

by ForexCycle.com | March 27, 2019 2:38 am
EURUSD extended its downside movement from 1.1448 to as low as 1.1257. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

USDCAD Daily Analysis – March 26, 2019

by ForexCycle.com | March 26, 2019 4:44 am
USDCAD failed to break above 1.3467 resistance and pulled back from 1.3444. Further decline would likely be seen in the coming days and next target would be at 1.3300 area. Resistance is at 1.3444, only break above...

USDJPY Daily Analysis – March 26, 2019

by ForexCycle.com | March 26, 2019 4:43 am
USDJPY remains in the downtrend from 111.90, the bounce from 109.70 is likely consolidation for the downtrend. Range trading between 109.70 and 110.60 would likely be seen in a couple of days. As long as 110.60 resistance...

AUDUSD Daily Analysis – March 26, 2019

by ForexCycle.com | March 26, 2019 4:42 am
AUDUSD rebounded from 0.7065 after touching the rising trend line on the 4-hour chart. However, the bounce is likely correction for the downtrend from 0.7168, another fall towards 0.7000 would likely be seen after the correction.

GBPUSD Daily Analysis – March 26, 2019

by ForexCycle.com | March 26, 2019 4:42 am
GBPUSD is testing the resistance of the bearish trend line on the 4-hour chart. A clear break of the trend line resistance would indicate that the downside movement from 1.3381 had completed at 1.3003 already, then another...