AUDUSD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:30 am
AUDUSD is in uptrend from 0.7560, the fall from 0.7846 would possibly be correction of the uptrend. Another rise could be expected after correction, and the target would be at 0.8000 area. Support is at 0.7560, only...

GBPUSD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:29 am
GBPUSD is forming a sideways consolidation in a range between 1.4634 and 1.5162. The sideways movement could be expected to continue over the next several days. Resistance is at 1.5162, as long as this level holds, another...

EURUSD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:28 am
EURUSD is forming a sideways consolidation in a range between 1.0462 and 1.1045. The sideways movement could be expected to continue over the next several days. As long as 1.1045 resistance holds, the long term downtrend from...

USDCAD Daily Analysis – March 19, 2015

by ForexCycle.com | March 19, 2015 4:32 am
USDCAD is now in downtrend from 1.2835. Further decline could be expected over the next several days, and next target would be at 1.2300 area. Resistance levels are at 1.2700 and 1.2835, only break above these levels...

USDJPY Daily Analysis – March 19, 2015

by ForexCycle.com | March 19, 2015 4:32 am
USDJPY broke below 120.66 support, indicating that the uptrend from 118.23 had completed at 122.02 already. The pair is now in downtrend, further decline could be expected over the next several days, and the target would be...

AUDUSD Daily Analysis – March 19, 2015

by ForexCycle.com | March 19, 2015 4:31 am
AUDUSD broke above the channel resistance, indicating that the downtrend from 0.7912 had completed at 0.7560 already. The pair is now in uptrend, further rise could be expected after consolidation, and the target would be at 0.8000...

GBPUSD Daily Analysis – March 19, 2015

by ForexCycle.com | March 19, 2015 4:30 am
GBPUSD broke above 1.4900 resistance, indicating that the downtrend from 1.5551 had completed at 1.4634 already. The pair is now in uptrend, further rise would be expected after consolidation, and the target would be at 1.5350 –...

EURUSD Daily Analysis – March 19, 2015

by ForexCycle.com | March 19, 2015 4:30 am
EURUSD broke above 1.0700 resistance, indicating that the downtrend from 1.1450 had completed at 1.0462 already. However, the rise from 1.0462 would possibly be consolidation of the long term downtrend from 1.3993 (May 8, 2014 high), range...

USDCAD Daily Analysis – March 18, 2015

by ForexCycle.com | March 18, 2015 3:28 am
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.2406. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDJPY Daily Analysis – March 18, 2015

by ForexCycle.com | March 18, 2015 3:28 am
USDJPY moved sideways in a narrow range between 120.66 and 122.02. As long as 120.66 support holds, the price action in the range could be treated as consolidation of the uptrend from 118.23, another rise to 125.00...