Daily Forex Analysis – March 25, 2013

by ForexCycle.com | March 25, 2013 01:41
EURUSD Analysis. EURUSD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 1.3711 (Feb 1 high) had completed at 1.2843...

Daily Forex Analysis – March 22, 2013

by ForexCycle.com | March 22, 2013 03:37
USDJPY Analysis. USDJPY moves sideways in a trading range between 94.31 and 96.70. The price action in the range is likely consolidation of the uptrend from 90.93. As long as 94.31 support holds, another rise towards 100.00...

Daily Forex Analysis – March 21, 2013

by ForexCycle.com | March 21, 2013 03:00
EURUSD Analysis. EURUSD remains in downtrend from 1.3711 (Feb 1 high), the rise from 1.2843 is likely consolidation of the downtrend. Key resistance is now located at the downward trend line on 4-hour chart, as long as...

Daily Forex Analysis – March 20, 2013

by ForexCycle.com | March 20, 2013 02:09
USDCAD Analysis. USDCAD breaks above the downward trend line on 4-hour chart, suggesting that the downtrend from 1.0341 had completed at 1.0180 already. Further rise to test 1.0341 previous high resistance would likely be seen, a break...

Daily Forex Analysis – March 19, 2013

by ForexCycle.com | March 19, 2013 03:47
USDCAD Analysis. USDCAD may be forming a cycle bottom at 1.0180 on 4-hour chart. Resistance is at the downward trend line, a clear break above the trend line resistance will indicate that the downward movement from 1.0341...

Daily Forex Analysis – March 18, 2013

by ForexCycle.com | March 18, 2013 02:47
USDCAD Analysis. USDCAD may be forming a cycle bottom at 1.0180 on 4-hour chart. Further rise towards 1.0341 previous high would likely be seen in a couple of days. Key support is now at 1.0180, as long...

Daily Forex Analysis – March 15, 2013

by ForexCycle.com | March 15, 2013 03:34
USDCHF Analysis. USDCHF’s upward movement from 0.9021 extends to as high as 0.9567. Key support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the fall from 0.9567...

Daily Forex Analysis – March 14, 2013

by ForexCycle.com | March 14, 2013 03:29
USDJPY Analysis. USDJPY stays above a upward trend line on 4-hour chart, and remains in uptrend from 90.93, the fall from 96.70 is treated as consolidation of the uptrend. As long as the trend line support holds,...