USDCAD Weekly Analysis – November 3, 2019

by ForexCycle.com | November 3, 2019 9:05 am
USDCAD failed to break below 1.3015 support and rebounded from 1.3041, suggesting that lengthier sideways movement in a trading range between 1.3015 and 1.3382 is underway. Further rally would likely be seen and the target would be...

USDJPY Weekly Analysis – November 3, 2019

by ForexCycle.com | November 3, 2019 9:04 am
USDJPY remains in the uptrend from 104.44, as long as the price is in the rising price channel on the daily chart, the pullback from 109.28 could be treated as consolidation for the uptrend, further rise to...

AUDUSD Weekly Analysis – November 3, 2019

by ForexCycle.com | November 3, 2019 9:03 am
AUDUSD is facing the resistance of the falling trend line on the daily chart. A break of the trend line resistance would indicate that the downside movement from 0.7295 had completed at 0.6670 already, then next target...

GBPUSD Weekly Analysis – November 3, 2019

by ForexCycle.com | November 3, 2019 9:02 am
No changed in our view, GBPUSD remains in the uptrend from 1.1958, as long as 1.2745 support holds, the pullback from 1.3012 could be treated as consolidation for the uptrend, further rise to 1.3250 area is possible...

EURUSD Weekly Analysis – November 3, 2019

by ForexCycle.com | November 3, 2019 8:59 am
EURUSD remains in the uptrend from 1.0879, as long as 1.1050 support holds, the uptrend could be expected to continue and next target would be at 1.1250 area. On the downside, a breakdown below 1.1050 support would...

USDCAD Weekly Analysis – October 27, 2019

by ForexCycle.com | October 27, 2019 2:01 pm
USDCAD is facing 1.3015 support, a breakdown below this level could trigger further downside movement towards 1.2800. Near term resistance is at 1.3125, a breakout of this level could bring the price back towards 1.3300.

USDJPY Weekly Analysis – October 27, 2019

by ForexCycle.com | October 27, 2019 1:58 pm
USDJPY stays above a rising trend line on the daily chart and remains in the uptrend from 104.44. As long as the trend line support holds, the upside movement could be expected to continue and next target...

AUDUSD Weekly Analysis – October 27, 2019

by ForexCycle.com | October 27, 2019 1:57 pm
AUDUSD is in consolidation for the downtrend from 0.7295. Further rally would likely be seen in the coming days and the target would be at the bearish trend line on the daily chart. As long as the...

GBPUSD Weekly Analysis – October 27, 2019

by ForexCycle.com | October 27, 2019 1:56 pm
GBPUSD remains in the uptrend from 1.1958, the pullback from 1.3012 is likely consolidation for the uptrend. Further rise would likely be seen after the consolidation and next target would be at 1.3250 area. Near term support...

EURUSD Weekly Analysis – October 27, 2019

by ForexCycle.com | October 27, 2019 1:45 pm
EURUSD extended its upside movement from 1.0879 to as high as 1.1179. Further rally is still possible next week and the target would be at 1.1250 area. Near term support is at 1.1050, a breakdown below this...