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...

USDCAD Weekly Analysis – October 20, 2019

by ForexCycle.com | October 20, 2019 12:04 pm
USDCAD broke below 1.3133 support, suggesting that the downtrend from 1.3382 has resumed. Further decline could be expected in a couple of weeks and next target would be at 1.3000 area. Near term resistance is at 1.3200,...

USDJPY Weekly Analysis – October 20, 2019

by ForexCycle.com | October 20, 2019 12:03 pm
USDJPY remains in the uptrend from 104.44, further rise could be expected in a couple of weeks and next target would be at 110.00 area. Near term support is at 108.00, below this level could trigger further...

AUDUSD Weekly Analysis – October 20, 2019

by ForexCycle.com | October 20, 2019 12:02 pm
AUDUSD’s bounce from 0.6670 extended to as high as 0.6856. 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...

GBPUSD Weekly Analysis – October 20, 2019

by ForexCycle.com | October 20, 2019 12:01 pm
GBPUSD’s upside movement from 1.1958 extended to as high as 1.2989. Further rise is still possible after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.2820, below this level...

EURUSD Weekly Analysis – October 20, 2019

by ForexCycle.com | October 20, 2019 12:01 pm
EURUSD is now in the uptrend from 1.0879, further rally could be expected in a couple of weeks and next target would be at 1.1250 area. Near term support is at 1.1100, below this level could bring...

USDCAD Weekly Analysis – October 13, 2019

by ForexCycle.com | October 13, 2019 3:29 am
USDCAD failed to break above 1.3382 resistance and stayed in a trading range between 1.3133 and 1.3382. A breakdown below 1.3133 support could trigger another fall towards 1.2900. Resistance is at 1.3382, above here would aim 1.3500...

USDJPY Weekly Analysis – October 13, 2019

by ForexCycle.com | October 13, 2019 3:29 am
USDJPY broke above 108.47 resistance, suggesting that the uptrend from 104.44 has resumed. Further rally could be expected in a couple of weeks and next target would be at 111.00 area. Support is at 106.48, only break...

AUDUSD Weekly Analysis – October 13, 2019

by ForexCycle.com | October 13, 2019 3:28 am
AUDUSD is in consolidation for the downtrend from 0.7295. Another rise towards the bearish trend line on the daily chart would likely be seen in the coming days. As long as the trend line resistance holds, the...

GBPUSD Weekly Analysis – October 13, 2019

by ForexCycle.com | October 13, 2019 3:26 am
GBPUSD extended its upside movement from 1.1958 to as high as 1.2707. Further rise could be expected after a minor consolidation and next target would be at 1.3000 area. Near term support is at 1.2530, below this...