USDJPY Weekly Analysis – July 20, 2019

by ForexCycle.com | July 20, 2019 8:01 am
USDJPY moved sideways in a trading range between 106.77 and 108.99. As long as 108.99 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 112.40, further decline to 106.00...

AUDUSD Weekly Analysis – July 20, 2019

by ForexCycle.com | July 20, 2019 8:00 am
AUDUSD’s upside movement from 0.6831 extended to as high as 0.7081. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target...

GBPUSD Weekly Analysis – July 20, 2019

by ForexCycle.com | July 20, 2019 8:00 am
GBPUSD extended its downside movement from 1.3381 to as low as 1.2381, breaking below 1.2396 support. Further decline could be expected in a couple of weeks and next target would be at 1.2200 area. Resistance is at...

EURUSD Weekly Analysis – July 20, 2019

by ForexCycle.com | July 20, 2019 7:58 am
EURUSD is facing a support at 1.1180, a breakdown below this level could trigger further downside movement towards 1.1106, followed by 1.1000. Near term resistance is at 1.1300, a break of this level could bring the price...

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...