USDCAD Weekly Analysis – July 15, 2018

by ForexCycle.com | July 15, 2018 9:41 am
USDCAD remains in the downtrend from 1.3385. Further decline could be expected in a couple of weeks, and next target would be at 1.2850 area. Below this level would aim the bottom support trend line of the...

USDJPY Weekly Analysis – July 15, 2018

by ForexCycle.com | July 15, 2018 9:40 am
USDJPY extended its upside movement from 104.63 to as high as 112.80. 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...

AUDUSD Weekly Analysis – July 15, 2018

by ForexCycle.com | July 15, 2018 9:39 am
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7310 is likely consolidation for the downtrend. Further rally to test the resistance of the falling trend line on the daily chart is possible in the coming...

GBPUSD Weekly Analysis – July 15, 2018

by ForexCycle.com | July 15, 2018 9:38 am
GBPUSD failed to break below 1.3049 support and stayed in a trading range between 1.3049 and 1.3472. As long as 1.3472 key resistance holds, the price action in the range could be treated as consolidation for the...

EURUSD Weekly Analysis – July 15, 2018

by ForexCycle.com | July 15, 2018 9:37 am
EURUSD moved sideways in a trading range between 1.1508 and 1.1851. The sideways movement is likely consolidation for the downtrend from 1.2555. Resistance is at 1.1851, as long as this level holds, the downtrend could be expected...

USDCAD Weekly Analysis – July 8, 2018

by ForexCycle.com | July 8, 2018 3:53 am
USDCAD’s fall from 1.3385 extended to as low as 1.3076. Further decline is still possible in a couple of weeks and next target would be at 1.2850 area, followed by the bottom support trend line of the...

USDJPY Weekly Analysis – July 8, 2018

by ForexCycle.com | July 8, 2018 3:52 am
USDJPY is testing 111.39 resistance. A break of this level would suggest that the upside movement from 104.63 has resumed, then further rise to 113.00 area could be seen. Key support is at 108.11, a breakdown below...

AUDUSD Weekly Analysis – July 8, 2018

by ForexCycle.com | July 8, 2018 3:52 am
AUDUSD stays below the falling trend line on the daily chart and remains in the downtrend from 0.8135, the bounce from 0.7310 is likely consolidation for the downtrend. Near term resistance is at 0.7443, as long as...

GBPUSD Weekly Analysis – July 8, 2018

by ForexCycle.com | July 8, 2018 3:51 am
GBPUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.4376. As long as the price is in the channel, the bounce from 1.3049 could be treated as consolidation for...

EURUSD Weekly Analysis – July 8, 2018

by ForexCycle.com | July 8, 2018 3:51 am
EURUSD stays in a trading range between 1.1508 and 1.1851. The price action in the range is likely consolidation for the downtrend from 1.2555. As long as 1.1851 resistance holds, the downside movement could be expected to...