USDCAD Daily Analysis – March 25, 2015

by ForexCycle.com | March 25, 2015 3:14 am
After touching 1.2447 support, USDCAD rebounded into the trading range between 1.2447 and 1.2835. Further rally would likely be seen, and the target would be at 1.2700 area. Support is at 1.2447, only break below this level...

USDJPY Daily Analysis – March 25, 2015

by ForexCycle.com | March 25, 2015 3:13 am
USDJPY broke below 119.29 support, indicating that the downtrend from 122.02 has resumed. Further decline could be expected, and next target would be at 118.00 area. Resistance levels are at 120.50 and 122.02, only break above these...

AUDUSD Daily Analysis – March 25, 2015

by ForexCycle.com | March 25, 2015 3:12 am
AUDUSD broke above 0.7912 resistance, indicating that the uptrend from 0.7560 has resumed. Further rise could be expected after a minor consolidation, and next target would be at 0.8050 area. Support is at 0.7700, only break below...

GBPUSD Daily Analysis – March 25, 2015

by ForexCycle.com | March 25, 2015 3:12 am
GBPUSD stays in the trading range between 1.4634 and 1.5162. Key resistance is at 1.5162, as long as this level holds, the sideways movement could be expected to continue over the next several days, and another fall...

EURUSD Daily Analysis – March 25, 2015

by ForexCycle.com | March 25, 2015 3:11 am
EURUSD is testing 1.1045 resistance, a break of this level will signal resumption of the uptrend from 1.0462, then next target would be at 1.1200 area. On the other side, as long as 1.1045 resistance holds, the...

USDCAD Daily Analysis – March 24, 2015

by ForexCycle.com | March 24, 2015 2:15 am
USDCAD is facing 1.2447 support, as long as this level holds, the sideways movement in a range between 1.2447 and 1.2835could be expected to continue. On the downside, a breakdown below 1.2447 support will indicate that the...

USDJPY Daily Analysis – March 24, 2015

by ForexCycle.com | March 24, 2015 2:15 am
USDJPY is facing 119.29 support, a breakdown below this level will indicate that the downtrend from 122.02 has resumed, then next target would be at 118.00 area. Resistance levels are at 121.20 and 122.02, only break above...

AUDUSD Daily Analysis – March 24, 2015

by ForexCycle.com | March 24, 2015 2:14 am
AUDUSD is facing 0.7912 resistance, as long as this level holds, the sideways movement in a range between 0.7560 and 0.7912 could be expected to continue, and another fall towards 0.7000 is possible after consolidation. On the...

GBPUSD Daily Analysis – March 24, 2015

by ForexCycle.com | March 24, 2015 2:14 am
GBPUSD is forming a sideways consolidation in a range between 1.4634 and 1.5162. As long as 1.5162 resistance holds, the sideways movement could be expected to continue over the next several days, and another fall towards 1.4000...

EURUSD Daily Analysis – March 24, 2015

by ForexCycle.com | March 24, 2015 2:13 am
EURUSD is facing 1.1045 resistance, as long as this level holds, the sideways movement in a range between 1.0462 and 1.1045 could be expected to continue. However, a break of 1.1045 resistance will indicate that the uptrend...