USDCAD Weekly Analysis – December 30, 2018

by ForexCycle.com | December 30, 2018 6:39 am
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Weekly Analysis – December 30, 2018

by ForexCycle.com | December 30, 2018 6:38 am
USDJPY extended its downside movement from 114.54 to as low as 110.14. Further decline is still possible and next target would be at 108.00 area. Near term resistance is at 111.50, above this level could bring the...

AUDUSD Weekly Analysis – December 30, 2018

by ForexCycle.com | December 30, 2018 6:37 am
AUDUSD’s downside movement from 0.7393 extended to as low as 0.7016, breaking below 0.7020 support. Further decline is still possible and next target would be at 0.6800 area. Resistance is at 0.7100, only a break of this...

GBPUSD Weekly Analysis – December 30, 2018

by ForexCycle.com | December 30, 2018 6:36 am
GBPUSD is in consolidation for the downtrend from 1.3298, the bounce from 1.2475 is likely consolidation for the downtrend. Range treading between 1.2475 and 1.2850 would likely be seen in a couple of weeks. As long as...

EURUSD Weekly Analysis – December 30, 2018

by ForexCycle.com | December 30, 2018 6:35 am
EURUSD is facing 1.1500 resistance, a breakout of this level could trigger further upside movement to 1.1700 area. On the downside, as long as 1.1500 resistance holds, the sideways movement in the trading range between 1.1215 and...

USDCAD Weekly Analysis – December 23, 2018

by ForexCycle.com | December 23, 2018 3:45 am
USDCAD extended its upside movement from 1.2782 to as high as 1.3601. As long as the price is above the bullish trend line on the daily chart, the upside movement could be expected to continue and next...

USDJPY Weekly Analysis – December 23, 2018

by ForexCycle.com | December 23, 2018 3:44 am
USDJPY broke below the bottom support trend line of the price channel on the daily chart, suggesting that the uptrend from 104.63 had completed at 114.54 already. Further decline is still possible and next target would be...

AUDUSD Weekly Analysis – December 23, 2018

by ForexCycle.com | December 23, 2018 3:43 am
AUDUSD extended its downside movement from 0.7393 to as low as 0.7031, facing the support level at 0.7020, a breakdown below this level could trigger further downside movement towards 0.6800. Near term resistance is at 0.7100, only...

GBPUSD Weekly Analysis – December 23, 2018

by ForexCycle.com | December 23, 2018 3:42 am
GBPUSD remains in the downtrend from 1.3298, the bounce from 1.2475 is likely consolidation for the downtrend. Resistance levels are at 1.2710 and 1.2800, as long as these levels holds, the downside movement could be expected to...

EURUSD Weekly Analysis – December 23, 2018

by ForexCycle.com | December 23, 2018 3:41 am
EURUSD failed to break above 1.1500 resistance and stayed in a trading range between 1.1215 and 1.1500. The price action in the range is likely consolidation for the downtrend from 1.1815, a breakdown below 1.1215 support could...