AUDUSD Uptrend Takes a Breather: Correction or Reversal?

by ForexCycle.com | March 13, 2024 5:04 am
AUDUSD has displayed a recent pullback after a strong uptrend, prompting a closer look at the technical situation. This analysis explores the potential scenarios for the currency pair. Uptrend Intact, But Correction Likely: Key Levels to Watch:...

EURUSD Stumbles: Uptrend on Hold or Reversal in Sight?

by ForexCycle.com | March 13, 2024 4:21 am
EURUSD has experienced a technical shift, raising questions about the continuation of the uptrend. This analysis examines the recent price action and explores potential scenarios for the currency pair. Uptrend Loses Momentum: Rangebound Trading Expected: Key Levels...

USDCHF Tumbles: Downtrend in Control or Chance for Reversal?

by ForexCycle.com | March 12, 2024 2:12 am
USDCHF has displayed a bearish move, breaking below a key support level and continuing its decline within a defined channel. This analysis examines the technical outlook and explores potential scenarios for the currency pair. Downward Momentum Persists:...

GBPUSD: Bullish Run Pauses, Consolidation or Reversal?

by ForexCycle.com | March 12, 2024 1:40 am
GBPUSD has displayed a recent shift in momentum, prompting a closer look at the technical situation. This analysis explores the potential scenarios for the currency pair. Upside Momentum Stalls: Consolidation or Reversal? Key Levels to Watch: Overall...

USDJPY Tumbles Lower: Will the Bears Retain Control?

by ForexCycle.com | March 11, 2024 9:09 am
USDJPY has been on a steep decline, reaching new lows and testing important technical levels. This analysis examines the current situation and explores potential scenarios for the currency pair. Downside Move Deepens: Can Bears Maintain Pressure? Potential...

GBPUSD Bulls Charge Higher: Can the Uptrend Break New Ground?

by ForexCycle.com | March 11, 2024 8:21 am
GBPUSD has been on a tear, decisively breaking above resistance and reaching new highs. This analysis dives into the technical implications of this breakout and explores potential scenarios for the currency pair. Uptrend Gains Momentum: Resistance Leveled...

EURUSD Consolidates Uptrend: Further Gains or Reversal on the Horizon?

by ForexCycle.com | March 11, 2024 7:57 am
EURUSD has been navigating an uptrend, but recent price action suggests a potential shift. This analysis examines the technical outlook and explores potential scenarios for the currency pair. Uptrend on Hold: Consolidation Phase Emerges Upside Potential Remains:...

USDCAD Slides Below Support: Downward Spiral or Short-Term Correction?

by ForexCycle.com | March 8, 2024 12:13 am
USDCAD has been on a downward path, breaching a key technical level and approaching another critical zone. This analysis explores the technical situation and potential future scenarios for the currency pair. Breakdown Confirmed: Downtrend in Focus Potential...

USDJPY Eyes Lower Levels: Downtrend in Control or Temporary Dip?

by ForexCycle.com | March 8, 2024 12:02 am
USDJPY has been on a downward trajectory, extending its decline from previous highs. This analysis dives into the technical situation and explores potential scenarios for the currency pair. Downtrend Deepens: Can Bears Maintain Momentum? Potential for Rebound:...

AUDUSD Charges Higher: Uptrend in Motion, But Can It Hold?

by ForexCycle.com | March 7, 2024 11:49 pm
AUDUSD has been on a bullish run, climbing from 0.6477 and reaching new highs. This analysis examines the technical outlook and explores potential scenarios for the currency pair. Uptrend in Control: Support Levels to Watch: Overall Sentiment:...