EURUSD Daily Analysis – March 20, 2019

by ForexCycle.com | March 20, 2019 2:51 am
EURUSD’s upside movement from 1.1176 extended to as high as 1.1361. Further rise is still possible and next target would be at 1.1400 area. Near term support is at 1.1320, a breakdown below this level could bring...

USDCAD Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:57 am
USDCAD is in consolidation for the downtrend from 1.3467. Range trading between 1.3286 and 1.3390 would likely be seen in the coming days. Resistance is at 1.3390, as long as this level holds, the downtrend could be...

USDJPY Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:57 am
USDJPY broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the short term uptrend from 110.77 had completed at 111.90 already. Deeper decline to test 110.77 support is possible...

AUDUSD Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:56 am
AUDUSD broke above 0.7097 resistance and extended its upside movement from 0.7003 to as high as 0.7119. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...

GBPUSD Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:55 am
GBPUSD’s fall from 1.3381 extended to as low as 1.3184. Deeper decline is still possible in the coming days and next target would be at 1.3100 area. Resistance is now at 1.3300, only a break of this...

EURUSD Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:54 am
EURUSD extended it upside movement from 1.1176 to as high as 1.1359. Further rise could be expected in a couple of days and next target would be at 1.1400 area. Key support is at 1.1294, only a...

USDCAD Daily Analysis – March 18, 2019

by ForexCycle.com | March 18, 2019 12:27 am
USDCAD broke above the bearish trend line on the 4-hour chart, suggesting that lengthier consolidation for the downtrend from 1.3467 is underway. Range trading between 1.3286 and 1.3390 would likely be seen in a couple of days....

USDJPY Daily Analysis – March 18, 2019

by ForexCycle.com | March 18, 2019 12:26 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 110.77. As long as the price is in the channel, the upside movement could be expected to continue and next...

AUDUSD Daily Analysis – March 18, 2019

by ForexCycle.com | March 18, 2019 12:26 am
AUDUSD moved sideways in a trading range between 0.7041 and 0.7097. As long as 0.7041 support holds, the price action in the range could be treated as consolidation for the uptrend from 0.7003, further rise towards 0.7170...

GBPUSD Daily Analysis – March 18, 2019

by ForexCycle.com | March 18, 2019 12:25 am
GBPUSD is in the short term downtrend from 1.3381, the bounce from 1.3202 is likely correction for the downtrend. Deeper decline would likely be seen and next target would be at 1.3100 area. Resistance is at 1.3381,...