USDCAD Weekly Analysis – March 4, 2018

by ForexCycle.com | March 4, 2018 1:15 pm
USDCAD extended its upside movement from 1.2248 to as high as 1.2915, facing the previous high resistance at 1.2920. A breakout of this level could take price to 1.3200 area. Support is at the rising trend line...

USDJPY Weekly Analysis – March 4, 2018

by ForexCycle.com | March 4, 2018 1:13 pm
USDJPY extended its downside movement from 113.75 to as low as 105.24. As long as the price is below the falling trend line on the daily chart, further decline would likely be seen and next target would...

AUDUSD Weekly Analysis – March 4, 2018

by ForexCycle.com | March 4, 2018 1:12 pm
AUDUSD broke below 0.7758 support and extended its downside movement from 0.8135 to as low as 0.7712. Further decline is still possible in a couple of weeks and next target would be at 0.7500 area. Near term...

GBPUSD Weekly Analysis – March 4, 2018

by ForexCycle.com | March 4, 2018 1:11 pm
GBPUSD extended its downside movement from 1.4345, and broke below the bullish trend line on the daily chart, suggesting that the upside movement from 1.3027 had completed at 1.4345 already. Further decline is still possible and next...

EURUSD Weekly Analysis – March 4, 2018

by ForexCycle.com | March 4, 2018 1:10 pm
EURUSD broke below the bullish trend line on the daily chart, suggesting that the upside movement from 1.1554 had completed at 1.2555 already. Further decline is still possible and next target would be at 1.1950, followed by...

USDCAD Weekly Analysis – February 25, 2018

by ForexCycle.com | February 25, 2018 10:16 am
USDCAD extended its upside movement from 1.2248 to as high as 1.2757. Further rally is still possible next week and a break of 1.2757 resistance could take price to test 1.2920 resistance. Support level is at 1.2450....

USDJPY Weekly Analysis – February 25, 2018

by ForexCycle.com | February 25, 2018 10:15 am
USDJPY extended its downside movement from 113.75 to as low as 105.54. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected to continue and next...

AUDUSD Weekly Analysis – February 25, 2018

by ForexCycle.com | February 25, 2018 10:15 am
AUDUSD is facing 0.7758 support. A breakdown below this level could signal resumption of the downtrend from 0.8135, then next target would be at 0.7500 area. Resistance is at 0.7988, only a breakout of this level could...

GBPUSD Weekly Analysis – February 25, 2018

by ForexCycle.com | February 25, 2018 10:14 am
GBPUSD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.3027. As long as the price is above the trend line, the price action from 1.4345 could be treated as...

EURUSD Weekly Analysis – February 25, 2018

by ForexCycle.com | February 25, 2018 10:14 am
EURUSD is facing the support of the bullish trend line on the daily chart. As long as the price is above the trend line, the price action from 1.2537 could be treated as consolidation for the uptrend...