USDCAD Daily Analysis – July 24, 2023

by ForexCycle.com | July 24, 2023 1:23 am
USDCAD is currently confronting a significant resistance level at 1.3242, and traders are keenly observing the potential for a breakout. Should the currency pair decisively breach this level, it could signal further upside momentum towards the next...

USDJPY Daily Analysis – July 24, 2023

by ForexCycle.com | July 24, 2023 1:15 am
USDJPY has showcased its resilience by staying above a rising trend line on the 4-hour chart, reaffirming its position in the uptrend from 137.23. Market analysts and traders are closely monitoring this upward movement, with expectations of...

AUDUSD Daily Analysis – July 24, 2023

by ForexCycle.com | July 24, 2023 1:04 am
AUDUSD has sustained its downward move, extending from 0.6894 to reach as low as 0.6721. Market analysts and traders are closely monitoring this bearish movement, with expectations of further declines in the AUDUSD pair. The next significant...

GBPUSD Daily Analysis – July 24, 2023

by ForexCycle.com | July 24, 2023 12:55 am
GBPUSD has experienced a notable downside move from its recent high at 1.3141, with the currency pair reaching as low as 1.2815. Market analysts and traders are closely observing this downward movement, with expectations of further declines...

EURUSD Daily Analysis – July 24, 2023

by ForexCycle.com | July 24, 2023 12:36 am
EURUSD has experienced a downside move from its recent peak at 1.1275, with the currency pair reaching as low as 1.1107. Market analysts and traders are closely monitoring this downward movement, with expectations of further declines in...

USDCAD Weekly Analysis – July 22, 2023

by ForexCycle.com | July 22, 2023 3:04 am
USDCAD continues to face downward pressure, staying below the falling trend line on the weekly chart and maintaining its downtrend from 1.3977. Market analysts and traders are closely observing this downward movement, with expectations of further declines...

USDJPY Weekly Analysis – July 22, 2023

by ForexCycle.com | July 22, 2023 2:47 am
USDJPY has demonstrated strength by remaining within a rising price channel on the weekly chart, affirming its position in the long-term uptrend from 127.21. Market participants are closely monitoring this upward movement, with expectations of continued gains...

AUDUSD Weekly Analysis – July 22, 2023

by ForexCycle.com | July 22, 2023 2:34 am
AUDUSD has been caught in a sideways consolidation phase, trading within a defined range between 0.6170 and 0.7157. Market analysts and traders are closely observing this price action, treating it as a consolidation phase within the context...

GBPUSD Weekly Analysis – July 22, 2023

by ForexCycle.com | July 22, 2023 2:24 am
GBPUSD has demonstrated its resilience on the weekly chart, remaining above the rising trend line and sustaining its long-term uptrend from 1.0352. Market analysts and traders are closely monitoring this upward movement, with expectations of further gains...

EURUSD Weekly Analysis – July 22, 2023

by ForexCycle.com | July 22, 2023 2:13 am
The EURUSD currency pair has displayed remarkable strength, extending its upside move to reach as high as 1.1275. This impressive performance suggests that the pair remains in a long-term uptrend, which originated from the 0.9535 level. Traders...