USDCAD Weekly Analysis – November 19, 2017

by ForexCycle.com | November 19, 2017 8:15 am
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2061. As long as the trend line support holds, the fall from 1.2916 could be treated as consolidation of the...

USDJPY Weekly Analysis – November 19, 2017

by ForexCycle.com | November 19, 2017 8:14 am
USDJPY failed to breakout of 115.50 and pulled back to 111.94, facing the key support at 111.47. A breakdown below this level will confirm that the bounce from 107.31 had completed at 114.73 already, then the following...

AUDUSD Weekly Analysis – November 19, 2017

by ForexCycle.com | November 19, 2017 8:13 am
AUDUSD extended its downside movement from 0.8124, facing a support level at 0.7535. As long as the pair is below the falling trend line on the daily chart, the downside move could be expected to continue and...

GBPUSD Weekly Analysis – November 19, 2017

by ForexCycle.com | November 19, 2017 8:12 am
GBPUSD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.1946 (Oct 2016 low). As long as the price is above the trend line, the fall from 1.3657 could be...

EURUSD Weekly Analysis – November 19, 2017

by ForexCycle.com | November 19, 2017 8:11 am
EURUSD broke above the falling trend line on the daily chart and is now facing 1.1879 resistance. A breakout of this level will confirm that the downside movement from 1.2092 had completed at 1.1554 already, then further...

USDCAD Weekly Analysis – November 12, 2017

by ForexCycle.com | November 12, 2017 10:37 am
USDCAD is facing a bullish trend line on its daily chart. A clear break below the trend line support will suggest the upside movement from 1.2061 had completed at 1.2916 already, then deeper decline towards 1.2433 support...

USDJPY Weekly Analysis – November 12, 2017

by ForexCycle.com | November 12, 2017 10:36 am
USDJPY’s upside movement from 107.31 extended to as high as 114.73. Near term support is at the bottom trend line of the price channel on the daily chart now at around 112.65. As long as the channel...

AUDUSD Weekly Analysis – November 12, 2017

by ForexCycle.com | November 12, 2017 10:35 am
AUDUSD formed a sideways movement in a narrow range between 0.7624 and 0.7729. The sideways movement is likely consolidation of the downtrend from 0.8124 and a breakdown below 0.7624 support could trigger another fall towards 0.7535 support...

GBPUSD Weekly Analysis – November 12, 2017

by ForexCycle.com | November 12, 2017 10:35 am
GBPUSD moved sideways in a narrow range between 1.3027 and 1.3337. The price action in the range is likely consolidation of the downtrend from 1.3657 and further decline is still possible after the consolidation. There is a...

EURUSD Weekly Analysis – November 12, 2017

by ForexCycle.com | November 12, 2017 10:33 am
EURUSD stays below a descending trend line on the daily chart and remains in the downtrend from 1.2092. As long as the price is below the trend line, the bounce from 1.1554 could be treated as consolidation...