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,...

Daily Forex Analysis – March 13, 2013

by ForexCycle.com | March 13, 2013 01:01
USDCHF Analysis. USDCHF’s fall from 0.9552 extends to as low as 0.9436. However, the fall is likely consolidation of the uptrend from 0.9021. Key support is located at the upward trend line on 4-hour chart, as long...

Daily Forex Analysis – March 12, 2013

by ForexCycle.com | March 12, 2013 03:18
USDCAD Analysis. USDCAD stays in a trading range between 1.0216 and 1.0341. Support is at 1.0216, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...

Daily Forex Analysis – March 11, 2013

by ForexCycle.com | March 11, 2013 02:33
USDCAD Analysis. USDCAD breaks below the lower line of the price channel on 4-hour chart, suggesting that lengthier consolidation of the uptrend from 0.9932 is underway. Range trading between 1.0216 and 1.0341 could be expected to continue...

Daily Forex Analysis – March 8, 2013

by ForexCycle.com | March 8, 2013 02:10
USDCAD Analysis. USDCAD failed to break above 1.0341 resistance and stays in a trading range between 1.0216 and 1.0341. Key support is at 1.0216, as long as this level holds, the price action in the range could...

Daily Forex Analysis – March 7, 2013

by ForexCycle.com | March 7, 2013 03:35
USDCAD Analysis. After touching the lower line of the price channel on 4-hour chart, USDCAD rebounded from 1.0254, suggesting that a cycle bottom is being formed. Further rise would likely be seen, and next target would be...

Daily Forex Analysis – March 6, 2013

by ForexCycle.com | March 6, 2013 01:07
USDCAD Analysis. USDCAD is facing the support of the lower line of the price channel on 4-hour chart, as long as the channel support holds, the pair remains in uptrend from 0.9932, and the fall from 1.0341...

Daily Forex Analysis – March 5, 2013

by ForexCycle.com | March 5, 2013 02:02
EURUSD Analysis. EURUSD stays within a downward price channel on 4-hour chart, and remains in downtrend from 1.3711, the price action from 1.2966 is likely consolidation of the downtrend. Key resistance is located at he upper line...

Daily Forex Analysis – March 4, 2013

by ForexCycle.com | March 4, 2013 03:11
USDCAD Analysis. USDCAD stays above a upward trend line on 4-hour chart, and remains in uptrend, the fall from 1.0341 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could...