USDCAD Weekly Analysis – November 26, 2017

by ForexCycle.com | November 26, 2017 6:01 am
USDCAD broke below the bullish trend line on the daily chart and is now facing 1.2666 support. A breakdown below this level will confirm that the upside movement from 1.2061 had completed at 1.2916 already, then further...

USDJPY Weekly Analysis – November 26, 2017

by ForexCycle.com | November 26, 2017 6:00 am
USDJPY broke below 111.47 key support, confirming that the upside movement from 107.31 had completed at 114.73 already. Further decline would likely be seen over the next several weeks and next target would be at 109.50. A...

AUDUSD Weekly Analysis – November 26, 2017

by ForexCycle.com | November 26, 2017 6:00 am
AUDUSD is now facing the resistance of the bearish trend line on the daily chart. As long as the price is below the trend line, the bounce from 0.7535 could be treated as consolidation of the downtrend...

GBPUSD Weekly Analysis – November 26, 2017

by ForexCycle.com | November 26, 2017 5:59 am
GBPUSD failed to break below the bullish trend line on the daily chart and moved above 1.3337 resistance. Further rally is still possible and next target would be at 1.3420, followed by 1.3657. A breakout of 1.3657...

EURUSD Weekly Analysis – November 26, 2017

by ForexCycle.com | November 26, 2017 5:58 am
EURUSD extended its bounce from 1.1554 to as high as 1.1944, breaking above 1.1879 resistance. Further rise to test test 1.2092 resistance would likely be seen in the coming days, a breakout of this level will confirm...

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...