AUDUSD Daily Analysis – July 25, 2023

by ForexCycle.com | July 25, 2023 8:08 am
AUDUSD has been staying below a falling trend line on the 4-hour chart, indicating that the downtrend from 0.6894 is still in place. As long as the trend line resistance holds, the downside move could be expected...

GBPUSD Daily Analysis – July 25, 2023

by ForexCycle.com | July 25, 2023 7:57 am
GBPUSD has recently extended its downward trend, falling from 1.3141 to as low as 1.2797. Despite this significant drop, there is immediate resistance at 1.2883. As long as this level holds, the downside move could be expected...

EURUSD Daily Analysis – July 25, 2023

by ForexCycle.com | July 25, 2023 7:46 am
EURUSD has recently extended its downward trend, falling from 1.1275 to 1.1059. Despite this significant drop, further decline is still possible, with the next target being the 1.1000 area. If the price falls below this level, it...

USDCAD Daily Analysis – July 24, 2023

by ForexCycle.com | July 24, 2023 1:23 am
USDCAD is currently confronting a significant resistance level at 1.3242, and traders are keenly observing the potential for a breakout. Should the currency pair decisively breach this level, it could signal further upside momentum towards the next...

USDJPY Daily Analysis – July 24, 2023

by ForexCycle.com | July 24, 2023 1:15 am
USDJPY has showcased its resilience by staying above a rising trend line on the 4-hour chart, reaffirming its position in the uptrend from 137.23. Market analysts and traders are closely monitoring this upward movement, with expectations of...

AUDUSD Daily Analysis – July 24, 2023

by ForexCycle.com | July 24, 2023 1:04 am
AUDUSD has sustained its downward move, extending from 0.6894 to reach as low as 0.6721. Market analysts and traders are closely monitoring this bearish movement, with expectations of further declines in the AUDUSD pair. The next significant...

GBPUSD Daily Analysis – July 24, 2023

by ForexCycle.com | July 24, 2023 12:55 am
GBPUSD has experienced a notable downside move from its recent high at 1.3141, with the currency pair reaching as low as 1.2815. Market analysts and traders are closely observing this downward movement, with expectations of further declines...

EURUSD Daily Analysis – July 24, 2023

by ForexCycle.com | July 24, 2023 12:36 am
EURUSD has experienced a downside move from its recent peak at 1.1275, with the currency pair reaching as low as 1.1107. Market analysts and traders are closely monitoring this downward movement, with expectations of further declines in...

USDCAD Weekly Analysis – July 22, 2023

by ForexCycle.com | July 22, 2023 3:04 am
USDCAD continues to face downward pressure, staying below the falling trend line on the weekly chart and maintaining its downtrend from 1.3977. Market analysts and traders are closely observing this downward movement, with expectations of further declines...

USDJPY Weekly Analysis – July 22, 2023

by ForexCycle.com | July 22, 2023 2:47 am
USDJPY has demonstrated strength by remaining within a rising price channel on the weekly chart, affirming its position in the long-term uptrend from 127.21. Market participants are closely monitoring this upward movement, with expectations of continued gains...