AUDUSD Daily Analysis – March 23, 2015

by ForexCycle.com | March 23, 2015 3:29 am
AUDUSD moved sideways in a range between 0.7560 and 0.7912 for several months. As long as 0.7912 key resistance holds, the price action in the range could be treated as consolidation of the long term downtrend from...

GBPUSD Daily Analysis – March 23, 2015

by ForexCycle.com | March 23, 2015 3:28 am
GBPUSD stays in the trading 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 fall towards 1.4000...

EURUSD Daily Analysis – March 23, 2015

by ForexCycle.com | March 23, 2015 3:27 am
EURUSD continued its sideways movement in a range between 1.0462 and 1.1045. Resistance is at 1.1045, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from...

USDCAD Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:32 am
USDCAD is forming a sideways consolidation in a range between 1.2447 and 1.2835. The sideways movement could be expected to continue over the next several days. Key support is at 1.2447, as long as this level holds,...

USDJPY Daily Analysis – March 20, 2015

by ForexCycle.com | March 20, 2015 3:31 am
USDJPY is now in downtrend from 122.02, the rise from 119.29 would possibly be correction of the downtrend. Another fall could be expected, and next target would be at 118.00 area. Resistance is at 122.02, only break...

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...