USDCAD Weekly Analysis – July 2, 2023

by ForexCycle.com | July 2, 2023 11:44 am
The USDCAD currency pair has experienced a significant development as it broke below a key support level at 1.3225, signaling a shift in the long-term trend. The pair is now firmly positioned in a downtrend from its...

USDJPY Weekly Analysis – July 2, 2023

by ForexCycle.com | July 2, 2023 11:38 am
The USDJPY currency pair has demonstrated significant strength, extending its upward trajectory from the low of 127.21 to reach a high of 145.06. The pair is poised for further gains in the coming weeks, with traders eyeing...

AUDUSD Weekly Analysis – July 2, 2023

by ForexCycle.com | July 2, 2023 11:26 am
The AUDUSD currency pair has been trading within a defined range, exhibiting a period of consolidation between 0.6170 and 0.7157. Traders are closely monitoring key levels and trend lines to determine potential breakout opportunities in the pair....

GBPUSD Weekly Analysis – July 2, 2023

by ForexCycle.com | July 2, 2023 11:20 am
The GBPUSD currency pair has been displaying a resilient long-term uptrend, which initiated from the 1.0352 level. As the pair continues to climb higher, traders are closely monitoring key support and resistance levels for potential trading opportunities....

EURUSD Weekly Analysis – July 2, 2023

by ForexCycle.com | July 2, 2023 11:14 am
The EURUSD currency pair has been trading within a defined range between 1.0515 and 1.1095, exhibiting a sideways movement in recent sessions. This range-bound behavior suggests a period of consolidation for the pair’s long-term uptrend, which originated...

USDCAD Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:45 am
The USDCAD currency pair has recently broken below a key support level at 1.3225, signaling a shift in market sentiment and indicating that the pair is now in a long-term downtrend from 1.3977. This break below support...

USDJPY Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:35 am
The USDJPY currency pair has experienced a significant upside move from 127.21, reaching as high as 143.86. This bullish momentum suggests that further gains may be on the horizon for the pair over the next several weeks....

AUDUSD Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:29 am
The AUDUSD currency pair has been trading within a sideways range, oscillating between the levels of 0.6170 and 0.7157. This period of consolidation comes after a long-term downtrend from 0.8006. Traders are closely monitoring the price action...

GBPUSD Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:13 am
The GBPUSD currency pair has been displaying a long-term uptrend, with its origins traced back to 1.0352. Despite occasional periods of consolidation and pullbacks, the overall trajectory remains skewed to the upside. Traders are closely monitoring key...

EURUSD Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:06 am
The EURUSD currency pair has been engaged in a prolonged period of sideways movement, oscillating within a trading range between 1.0515 and 1.1095. This consolidation phase has persisted for some time, and traders are closely monitoring the...