AUDUSD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 3:48 am
The AUDUSD pair has been engaged in a sideways movement, oscillating within the range of 0.6170 and 0.7157. This consolidation phase comes after a long-term downtrend from 0.8006, suggesting that the pair is taking a breather before...

GBPUSD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 3:10 am
The GBPUSD pair has been on an impressive long-term uptrend, stretching from 1.0352 to as high as 1.3141. This sustained upward momentum signals the strength of the British pound against the US dollar and suggests that further...

EURUSD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 3:02 am
The EURUSD pair has experienced a significant breakthrough, breaking above the key resistance level at 1.1095 and reaching as high as 1.1244. This breakout suggests that the long-term uptrend from 0.9535 has resumed, signaling potential further gains...

USDCAD Weekly Analysis – July 8, 2023

by ForexCycle.com | July 8, 2023 6:29 am
The USDCAD currency pair has been entrenched in a long-term downtrend, originating from 1.3977. This downtrend suggests the likelihood of further declines in the coming weeks. Traders with a bearish outlook anticipate the next target to be...

USDJPY Weekly Analysis – July 8, 2023

by ForexCycle.com | July 8, 2023 6:25 am
The USDJPY currency pair has maintained its long-term uptrend, which originated from 127.21. Despite potential periods of consolidation, the overall upward trajectory suggests the possibility of further gains in the future. Traders with a bullish outlook anticipate...

AUDUSD Weekly Analysis – July 8, 2023

by ForexCycle.com | July 8, 2023 6:21 am
The AUDUSD currency pair has been experiencing a period of sideways movement, trading within a range between 0.6170 and 0.7157. This consolidation phase suggests a pause in the long-term downtrend that originated from 0.8006. However, it is...

GBPUSD Weekly Analysis – July 8, 2023

by ForexCycle.com | July 8, 2023 6:18 am
The GBPUSD currency pair has been maintaining its long-term uptrend, which originated from 1.0352. This upward trajectory suggests that further gains could be expected in the coming weeks, with a potential next target in the 1.3200 area....

EURUSD Weekly Analysis – July 8, 2023

by ForexCycle.com | July 8, 2023 6:14 am
The EURUSD currency pair has been experiencing a period of consolidation, as it continues to trade within a range between 1.0515 and 1.1095. Currently, the pair is approaching the resistance level at 1.1095, which holds significance for...

USDCAD Weekly Analysis – July 2, 2023

by ForexCycle.com | July 2, 2023 11:44 am
The USDCAD currency pair has experienced a significant development as it broke below a key support level at 1.3225, signaling a shift in the long-term trend. The pair is now firmly positioned in a downtrend from its...

USDJPY Weekly Analysis – July 2, 2023

by ForexCycle.com | July 2, 2023 11:38 am
The USDJPY currency pair has demonstrated significant strength, extending its upward trajectory from the low of 127.21 to reach a high of 145.06. The pair is poised for further gains in the coming weeks, with traders eyeing...