USDCAD Weekly Analysis – July 14, 2019

by ForexCycle.com | July 14, 2019 7:46 am
USDCAD extended its downside movement from 1.3564 to as low as 1.3017. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next...

USDJPY Weekly Analysis – July 14, 2019

by ForexCycle.com | July 14, 2019 7:45 am
USDJPY is now in the uptrend from 106.77, the pullback from 108.99 is likely corrective consolidation for the uptrend. Another rise towards 110.00 could be expected after the consolidation. Support is at 106.77, only a breakdown below...

AUDUSD Weekly Analysis – July 14, 2019

by ForexCycle.com | July 14, 2019 7:44 am
AUDUSD is in the uptrend from 0.6831, the pullback from 0.7047 is likely corrective consolidation for the uptrend. Further rally could be expected in a couple of week and a break of 0.7047 resistance could take the...

GBPUSD Weekly Analysis – July 14, 2019

by ForexCycle.com | July 14, 2019 7:44 am
GBPUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.3381. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

EURUSD Weekly Analysis – July 14, 2019

by ForexCycle.com | July 14, 2019 7:43 am
EURUSD broke below the rising trend line on the daily chart and is now in the downtrend from 1.1412. Deeper decline to test 1.1106 support would likely be seen, a breakdown below this level could trigger further...

USDCAD Weekly Analysis – July 7, 2019

by ForexCycle.com | July 7, 2019 12:05 pm
USDCAD stays below a falling trend line on the daily chart and remains in the downtrend from 1.3564. As long as the price is below the falling trend line on the daily chart, the downside movement could...

USDJPY Weekly Analysis – July 7, 2019

by ForexCycle.com | July 7, 2019 12:04 pm
USDJPY broke above the falling trend line on the daily chart, suggesting that consolidation for the downtrend from 112.40 is underway. Range trading between 106.77 and 109.30 would likely be seen over the next several weeks.

AUDUSD Weekly Analysis – July 7, 2019

by ForexCycle.com | July 7, 2019 12:03 pm
AUDUSD’s bounce from 0.6831 extended to as high as 0.7047. Further rally is still possible in a couple of weeks and next target would be at 0.7150 area. Near term support is at 0.6940, only a breakdown...

GBPUSD Weekly Analysis – July 7, 2019

by ForexCycle.com | July 7, 2019 12:02 pm
GBPUSD extended its downside movement from 1.3381 to as low as 1.2480. As long as the price is in the falling price channel on the daily chart, the downside movement could be expected to continue and next...

EURUSD Weekly Analysis – July 7, 2019

by ForexCycle.com | July 7, 2019 12:01 pm
EURUSD broke below the rising trend line on the daily chart, suggesting that the bounce from 1.1106 had completed at 1.1412 already. Further decline would likely be seen in a couple of weeks and next target would...