USDCAD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:11 am
USDCAD is now in the downtrend from 1.3382, further decline would likely be seen in the coming days and next target would be at 1.3000 area. Resistance is at 1.3382, only break above this level could trigger...

USDJPY Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:10 am
USDJPY broke above the resistance of the falling trend line on the daily chart, suggesting that the downside movement from 112.40 had completed at 104.44 already. Further rally could be expected and next target would be at...

AUDUSD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:09 am
AUDUSD extended its upside movement from 0.6677 to as high as 0.6894. Further rise would likely be seen in a couple of weeks and next target would be at the falling trend line on the daily chart....

GBPUSD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:08 am
GBPUSD broke above the falling price channel on the daily chart, suggesting that the downside movement from 1.3381 had completed at 1.1958 already. Further rally could be expected and next target would be at 1.2800 area. Near...

EURUSD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:07 am
EURUSD is facing the resistance of the falling price channel on the daily chart. As long as the channel resistance holds, the bounce from 1.0925 could be treated as consolidation for the downtrend, further decline to 1.0800...

USDCAD Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:53 am
USDCAD broke below 1.3184 support, suggesting that the upside movement from 1.3015 had completed at 1.3382 already. Further decline could be expected after a minor consolidation and next target would be at 1.3000 area. Resistance is at...

USDJPY Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:52 am
USDJPY broke above 1.0697 resistance. Further rally would likely be seen next week and the target would be at the falling trend line on the daily chart. However, as long as the trend line resistance holds, the...

AUDUSD Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:51 am
AUDUSD broke above 0.6821 resistance, suggesting that the downtrend from 0.7081 had completed at 0.6677 already. Further rally could be expected in a couple of weeks and next target would be at 0.7000 area. Support is at...

GBPUSD Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:50 am
GBPUSD is facing the resistance of the falling price channel on the daily chart. As long as the channel resistance holds, the bounce from 1.1958 could be treated as consolidation for the downtrend from 1.3381, further decline...

EURUSD Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:49 am
EURUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.1412. As long as the channel resistance holds, the bounce from 1.0925 could be treated as consolidation for the downtrend,...