USDCAD Weekly Analysis – July 29, 2018

by ForexCycle.com | July 29, 2018 7:43 am
USDCAD broke below 1.3063 support, confirming that the upside movement from 1.2526 had completed at 1.3385 already. Further decline would likely be seen in a couple of weeks and next target would be at 1.2900, followed by...

USDJPY Weekly Analysis – July 29, 2018

by ForexCycle.com | July 29, 2018 7:42 am
USDJPY is facing the support of the rising trend line on the daily chart. As long as the price is above the trend line, the pullback from 113.17 could be treated as consolidation for the uptrend and...

AUDUSD Weekly Analysis – July 29, 2018

by ForexCycle.com | July 29, 2018 7:41 am
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.8135. As long as the trend line resistance holds, the sideways movement in a trading range between 0.7310 and 0.7483...

GBPUSD Weekly Analysis – July 29, 2018

by ForexCycle.com | July 29, 2018 7:41 am
GBPUSD stays below a falling trend line on the daily chart and remains in the downtrend from 1.4376. As long as the price is below the trend line, the downside movement could be expected to continue and...

EURUSD Weekly Analysis – July 29, 2018

by ForexCycle.com | July 29, 2018 7:40 am
EURUSD moved sideways in a trading range between 1.1508 and 1.1851 for several weeks. The sideways move is likely consolidation for the downtrend from 1.2555. As long as 1.1851 resistance holds, the downside movement could be expected...

USDCAD Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:32 pm
USDCAD is in downtrend from 1.3385. Further decline could be expected in a couple of weeks and a breakdown below 1.3063 support could take the price to 1.2900 area. Resistance is at 1.3385, only a breakout of...

USDJPY Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:32 pm
USDJPY stays above a rising trend line on the daily chart and remains in the uptrend from 104.63. As long as the trend line support holds, the fall from 113.17 could be treated as consolidation for the...

AUDUSD Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:31 pm
AUDUSD moved sideways in a trading range between 0.7310 and 0.7483. As long as 0.7483 resistance holds, the sideways move could be treated as consolidation for the downtrend and further decline to 0.7000 area is still possible...

GBPUSD Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:31 pm
GBPUSD extended its downside movement from 1.4376 to as low as 1.2957. Resistance is at the falling trend line on the daily chart. As long as the price is below the trend line, the downside movement could...

EURUSD Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:30 pm
EURUSD continued its sideways movement in a trading range between 1.1508 and 1.1851. As long as 1.1851 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2555 and a breakdown below 1.1508...