USDCAD Weekly Analysis – October 20, 2018

by ForexCycle.com | October 20, 2018 8:03 am
USDCAD is facing the resistance of the falling trend line on the daily chart. As long as the trend line resistance holds, the bounce from 1.2782 could be treated as consolidation for the downtrend, and another fall...

USDJPY Weekly Analysis – October 20, 2018

by ForexCycle.com | October 20, 2018 8:03 am
USDJPY stays in a rising price channel on the daily chart, suggesting that the pair remains in the uptrend from 104.63. As long as the channel support holds, the uptrend could be expected to continue and another...

AUDUSD Weekly Analysis – October 20, 2018

by ForexCycle.com | October 20, 2018 8:02 am
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7041 is likely consolidation for the downtrend. As long as the price is below the bearish trend line on the daily chart, the downside movement could be...

GBPUSD Weekly Analysis – October 20, 2018

by ForexCycle.com | October 20, 2018 8:02 am
GBPUSD failed to break above 1.3298 resistance and stayed in a trading range between 1.2921 and 1.3298. As long as 1.2921 support holds, the price action in the trading range could be treated as consolidation for the...

EURUSD Weekly Analysis – October 20, 2018

by ForexCycle.com | October 20, 2018 8:02 am
EURUSD is facing 1.1432 support, a breakdown below this level could trigger further downside movement towards next support level at 1.1301, below here would aim 1.1000. Near term resistance is at 1.1622, a break of this level...

USDCAD Weekly Analysis – October 14, 2018

by ForexCycle.com | October 14, 2018 2:54 am
USDCAD stays below a bearish trend line on the daily chart and remains in the downtrend from 1.3385. As long as the trend line resistance holds, the downtrend could be expected to resume, and another fall towards...

USDJPY Weekly Analysis – October 14, 2018

by ForexCycle.com | October 14, 2018 2:53 am
USDJPY broke below the bottom of the price channel on the daily chart, suggesting that the short term uptrend from 109.77 had completed at 114.54 already. Further decline could be expected and next target would be at...

AUDUSD Weekly Analysis – October 14, 2018

by ForexCycle.com | October 14, 2018 2:53 am
AUDUSD stays below a bearish trend line on the daily chart and remains in the downtrend from 0.8135. As long as the trend line resistance holds, the bounce from 0.7041 could be treated as consolidation for the...

GBPUSD Weekly Analysis – October 14, 2018

by ForexCycle.com | October 14, 2018 2:52 am
GBPUSD is facing 1.3298 resistance, a breakout of this level could signal resumption of the uptrend from 1.2661, then next target would be at 1.3550 area. Key support is at 1.2921, only a breakdown below this level...

EURUSD Weekly Analysis – October 14, 2018

by ForexCycle.com | October 14, 2018 2:52 am
EURUSD continued its sideways movement in a trading range between 1.1301 and 1.1851. The sideways movement is likely consolidation for the downtrend from 1.2555. As long as 1.1851 key resistance holds, the downside movement could be expected...