USDJPY Daily Analysis – July 3, 2023

by ForexCycle.com | July 3, 2023 3:53 am
USDJPY has demonstrated resilience as it remains within a rising price channel on the 4-hour chart, affirming its ongoing uptrend from the low of 138.42. Traders who have been following the price action will likely continue to...

AUDUSD Daily Analysis – July 3, 2023

by ForexCycle.com | July 3, 2023 3:44 am
AUDUSD has experienced a significant development as it broke above the falling trend line on the 4-hour chart. This breakout suggests a potential further rise in the currency pair, with the next target being the 0.6720 resistance...

GBPUSD Daily Analysis – July 3, 2023

by ForexCycle.com | July 3, 2023 3:35 am
GBPUSD has made a notable move as it successfully broke above the key resistance level at 1.2690. This breakout suggests potential further upside momentum for the currency pair, with the next target being the 1.2758 resistance level....

EURUSD Daily Analysis – July 3, 2023

by ForexCycle.com | July 3, 2023 3:25 am
The EURUSD currency pair finds itself at a critical juncture as it encounters the resistance of a descending trend line on the 4-hour chart. Traders are closely watching for a potential breakout that could signal a reversal...

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...

AUDUSD Weekly Analysis – July 2, 2023

by ForexCycle.com | July 2, 2023 11:26 am
The AUDUSD currency pair has been trading within a defined range, exhibiting a period of consolidation between 0.6170 and 0.7157. Traders are closely monitoring key levels and trend lines to determine potential breakout opportunities in the pair....

GBPUSD Weekly Analysis – July 2, 2023

by ForexCycle.com | July 2, 2023 11:20 am
The GBPUSD currency pair has been displaying a resilient long-term uptrend, which initiated from the 1.0352 level. As the pair continues to climb higher, traders are closely monitoring key support and resistance levels for potential trading opportunities....

EURUSD Weekly Analysis – July 2, 2023

by ForexCycle.com | July 2, 2023 11:14 am
The EURUSD currency pair has been trading within a defined range between 1.0515 and 1.1095, exhibiting a sideways movement in recent sessions. This range-bound behavior suggests a period of consolidation for the pair’s long-term uptrend, which originated...