EURUSD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:07 am
EURUSD is facing the resistance of the falling price channel on the daily chart. As long as the channel resistance holds, the bounce from 1.0925 could be treated as consolidation for the downtrend, further decline to 1.0800...

USDCAD Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:53 am
USDCAD broke below 1.3184 support, suggesting that the upside movement from 1.3015 had completed at 1.3382 already. Further decline could be expected after a minor consolidation and next target would be at 1.3000 area. Resistance is at...

USDJPY Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:52 am
USDJPY broke above 1.0697 resistance. 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 trend line resistance holds, the...

AUDUSD Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:51 am
AUDUSD broke above 0.6821 resistance, suggesting that the downtrend from 0.7081 had completed at 0.6677 already. Further rally could be expected in a couple of weeks and next target would be at 0.7000 area. Support is at...

GBPUSD Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:50 am
GBPUSD is facing the resistance of the falling price channel on the daily chart. As long as the channel resistance holds, the bounce from 1.1958 could be treated as consolidation for the downtrend from 1.3381, further decline...

EURUSD Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:49 am
EURUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.1412. As long as the channel resistance holds, the bounce from 1.0925 could be treated as consolidation for the downtrend,...

USDCAD Weekly Analysis – September 1, 2019

by ForexCycle.com | September 1, 2019 12:18 pm
USDCAD remains in the uptrend from 1.3015, the price action from 1.3344 is likely consolidation for the uptrend. As long as 1.3184 key support holds, the upside movement could be expected to continue and next target would...

AUDUSD Weekly Analysis – September 1, 2019

by ForexCycle.com | September 1, 2019 12:16 pm
AUDUSD moved sideways in a trading range between 0.6677 and 0.6821. As long as 0.6821 resistance holds, the price action in the trading range could be treated as consolidation for the downtrend from 0.7081, further decline towards...

GBPUSD Weekly Analysis – September 1, 2019

by ForexCycle.com | September 1, 2019 12:15 pm
GBPUSD failed to break above the top of the price channel on the daily chart, suggesting that the pair remains in the downtrend from 1.3381. As long as the channel resistance holds, the downside movement could be...

EURUSD Weekly Analysis – September 1, 2019

by ForexCycle.com | September 1, 2019 12:14 pm
EURUSD broke below 1.1026 support and extended its downside movement from 1.1412 to as low as 1.0963. As long as the price is below the falling trend line on the daily chart, the downside movement could be...