USDCAD Weekly Analysis – December 9, 2018

by ForexCycle.com | December 9, 2018 12:29 am
USDCAD extended its upside movement from 1.2782 to as high as 1.3444. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expected to continue and next...

USDJPY Weekly Analysis – December 9, 2018

by ForexCycle.com | December 9, 2018 12:28 am
USDJPY moved sideways in a trading range between 111.37 and 114.54 for several weeks. As long as the price is in the rising price channel on the daily chart, the sideways movement could be treated as consolidation...

AUDUSD Weekly Analysis – December 9, 2018

by ForexCycle.com | December 9, 2018 12:28 am
AUDUSD pulled back from 0.7393, facing the key support at 0.7164. A breakdown below this level would confirm that the upside movement from 0.7020 is complete, then the pair would find next support at around 0.7100. Near...

GBPUSD Weekly Analysis – December 9, 2018

by ForexCycle.com | December 9, 2018 12:27 am
GBPUSD is testing 1.2661 support, below this level would indicate that the downside movement from 1.4376 has resumed, then further decline towards 1.2300 could be seen. Near term resistance is at 1.2940, a break of this level...

EURUSD Weekly Analysis – December 9, 2018

by ForexCycle.com | December 9, 2018 12:26 am
EURUSD stayed in a trading range between 1.1215 and 1.1500 for several weeks. The price action in the range is likely consolidation for the downtrend from 1.1815. As long as 1.1500 resistance holds, the downtrend could be...

USDCAD Weekly Analysis – December 1, 2018

by ForexCycle.com | December 1, 2018 4:37 am
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Weekly Analysis – December 1, 2018

by ForexCycle.com | December 1, 2018 4:36 am
USDJPY continued its sideways movement in a trading range between 111.37 and 114.54. As long as 111.37 key support holds, the price action in the trading range could be treated as consolidation for the uptrend from 104.63,...

AUDUSD Weekly Analysis – December 1, 2018

by ForexCycle.com | December 1, 2018 4:36 am
AUDUSD’s upside movement from 0.7020 extended to as high as 0.7344. Key support is at 0.7164, as long as this level holds, the upside movement could be expected to continue and next target would be at 0.7500...

GBPUSD Weekly Analysis – December 1, 2018

by ForexCycle.com | December 1, 2018 4:35 am
GBPUSD is facing 1.2661 support, a breakdown below this level could signal resumption of the downtrend from 1.4376, then further decline towards 1.2300 could be seen. Near term resistance is at 1.2940, a break of this level...

EURUSD Weekly Analysis – December 1, 2018

by ForexCycle.com | December 1, 2018 4:35 am
EURUSD moved sideways in a trading range between 1.1215 and 1.1500. As long as 1.1500 resistance holds, the downside movement from 1.1815 could be expected to resume and a breakdown below 1.1215 support could trigger further downside...