AUDUSD Daily Analysis – March 31, 2015

by ForexCycle.com | March 31, 2015 2:37 am
AUDUSD’s downward movement from 0.7938 extended to as low as 0.7632. Further decline to test 0.7560 support would likely be seen, a breakdown below this level could signal resumption of the long term downtrend from 0.9504 (Jul...

GBPUSD Daily Analysis – March 31, 2015

by ForexCycle.com | March 31, 2015 2:36 am
GBPUSD remains in uptrend from 1.4634. Further rise to 1.5350 area to complete the upward movement would likely be seen. Resistance is at 1.5000, a break of this level could signal resumption of the uptrend. Key support...

EURUSD Daily Analysis – March 31, 2015

by ForexCycle.com | March 31, 2015 2:35 am
EURUSD is in short term downtrend from 1.1052. Deeper decline to test 1.0462 support would likely be seen, a breakdown below this level will signal resumption of the long term downtrend from 1.3993 (May 8, 2014 high)....

USDCAD Daily Analysis – March 30, 2015

by ForexCycle.com | March 30, 2015 4:27 am
USDCAD failed to break below 1.2352 key support and rebounded from 1.2410, indicating that the downward movement from 1.2835 is complete. Further rise to test 1.2835 resistance would likely be seen, a break of this level will...

USDJPY Daily Analysis – March 30, 2015

by ForexCycle.com | March 30, 2015 4:26 am
USDJPY’s downward movement from 1.2202 extended to as low as 118.33. Further decline would likely be seen after a minor consolidation, and next target would be at 117.00 area. Resistance is at 120.50, only break above this...

AUDUSD Daily Analysis – March 30, 2015

by ForexCycle.com | March 30, 2015 4:25 am
After touching 0.7912 resistance, AUDUSD pulled back into the trading range between 0.7560 and 0.7912, indicating that sideways movement in the trading range is underway. Deeper decline to test 0.7560 support would likely be seen, a breakdown...

GBPUSD Daily Analysis – March 30, 2015

by ForexCycle.com | March 30, 2015 4:25 am
GBPUSD is in uptrend from 1.4634. Further rise would likely be seen, and the target would be at 1.5350 area. Resistance is at 1.5000, a break of this level could signal resumption of the uptrend. Key support...

EURUSD Daily Analysis – March 30, 2015

by ForexCycle.com | March 30, 2015 4:24 am
EURUSD failed to break above 1.1045 resistance, and stayed in the trading range between 1.0462 and 1.1045, indicating that sideways movement in the range is underway. Further decline to test 1.0462 support would likely be seen, a...

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...