EURUSD Daily Analysis – March 26, 2019

by ForexCycle.com | March 26, 2019 4:40 am
EURUSD is facing the resistance of the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.1273 could be treated as consolidation for the downtrend from 1.1448, further...

USDCAD Daily Analysis – March 25, 2019

by ForexCycle.com | March 25, 2019 3:50 am
USDCAD remains in the uptrend from 1.3250. Further rise to test 1.3467 resistance is possible in the coming days. Near term support is at 1.3380, a breakdown below this level could bring the price back towards 1.3330...

USDJPY Daily Analysis – March 25, 2019

by ForexCycle.com | March 25, 2019 3:49 am
USDJPY’s downside movement from 112.13 to as low as 109.70. Further decline could be expected in a couple of days and next target would be at 109.00 area. Resistance is at 110.50, as long as this level...

AUDUSD Daily Analysis – March 25, 2019

by ForexCycle.com | March 25, 2019 3:48 am
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7003 had completed at 0.7168 already. Further decline is still possible and next target would be at 0.7000 area. Resistance...

GBPUSD Daily Analysis – March 25, 2019

by ForexCycle.com | March 25, 2019 3:48 am
GBPUSD is facing the resistance of the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.3003 could be treated as consolidation for the downtrend from 1.3381, another...

EURUSD Daily Analysis – March 25, 2019

by ForexCycle.com | March 25, 2019 3:47 am
EURUSD broke below 1.1335 support, suggesting that the upside movement from 1.1176 had completed at 1.1448 already. Further decline is still possible and next target would be at 1.1200 area. Resistance is at 1.1330, only break above...

USDCAD Daily Analysis – March 22, 2019

by ForexCycle.com | March 22, 2019 3:18 am
USDCAD broke above 1.3370 resistance, suggesting that the downside movement from 1.3467 had completed at 1.3250 already. Further rally would likely be seen in the coming days and next target would be at 1.3450 area. Near term...

USDJPY Daily Analysis – March 22, 2019

by ForexCycle.com | March 22, 2019 3:17 am
USDJPY remains in the downtrend from 112.13. Further decline could be expected after a minor consolidation and a breakdown below 110.29 support could trigger further downside movement to 109.50 area. Resistance is at 111.20, only break above...

AUDUSD Daily Analysis – March 22, 2019

by ForexCycle.com | March 22, 2019 3:17 am
AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.7003. As long as the trend line support holds, the pullback from 0.7168 could be treated as consolidation for the...

GBPUSD Daily Analysis – March 22, 2019

by ForexCycle.com | March 22, 2019 3:16 am
GBPUSD extended its downside movement from 1.3381 to as low as 1.3003. Deeper decline to test 1.2960 support is possible after consolidation, a breakdown below this level would aim 1.2850 area. Resistance is at the falling trend...