EURUSD Daily Analysis – March 18, 2019

by ForexCycle.com | March 18, 2019 12:24 am
EURUSD moved sideways in a trading range between 1.1294 and 1.1344. As long as 1.1294 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.1176, further rise towards 1.1400...

USDCAD Daily Analysis – March 15, 2019

by ForexCycle.com | March 15, 2019 1:04 am
USDCAD remains in the downtrend from 1.3467, as long as the price is below the trend line, the bounce from 1.3286 could be treated as consolidation for the downtrend. Further decline could be expected in a couple...

USDJPY Daily Analysis – March 15, 2019

by ForexCycle.com | March 15, 2019 1:03 am
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 110.77. Further rise could be expected and next target would be at 112.50 area. Near term support is at 111.50,...

AUDUSD Daily Analysis – March 15, 2019

by ForexCycle.com | March 15, 2019 1:03 am
AUDUSD broke below 0.7048 support, suggesting that the short term uptrend from 0.7003 had completed at 0.7097 already. Another fall could be expected and next target would be at 0.7000 area. Resistance is at 0.7097, only a...

GBPUSD Daily Analysis – March 15, 2019

by ForexCycle.com | March 15, 2019 1:02 am
After touching 1.3350 resistance, GBPUSD pulled back from 1.3381. Deeper decline would likely be seen and the target would be at 1.3100 area. As long as 1.3100 support holds, the fall could be treated as consolidation for...

EURUSD Daily Analysis – March 15, 2019

by ForexCycle.com | March 15, 2019 1:01 am
EURUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1338 could be treated as consolidation for the uptrend from 1.1176, further...

USDCAD Daily Analysis – March 14, 2019

by ForexCycle.com | March 14, 2019 6:08 am
USDCAD stays below a fall trend line on the 4-hour chart and remains in the downtrend from 1.3467. Further decline is still possible after a minor consolidation and next target would be at 1.3250 area. Only a...

USDJPY Daily Analysis – March 14, 2019

by ForexCycle.com | March 14, 2019 6:07 am
USDJPY extended is upside movement from 110.77 to as high as 111.62. Further rise is still possible in the coming days and next target would be at 112.00 area. Support is at the bullish trend line on...

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...