USDCAD Weekly Analysis – November 19, 2017

by ForexCycle.com | November 19, 2017 8:15 am
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2061. As long as the trend line support holds, the fall from 1.2916 could be treated as consolidation of the...

USDJPY Weekly Analysis – November 19, 2017

by ForexCycle.com | November 19, 2017 8:14 am
USDJPY failed to breakout of 115.50 and pulled back to 111.94, facing the key support at 111.47. A breakdown below this level will confirm that the bounce from 107.31 had completed at 114.73 already, then the following...

AUDUSD Weekly Analysis – November 19, 2017

by ForexCycle.com | November 19, 2017 8:13 am
AUDUSD extended its downside movement from 0.8124, facing a support level at 0.7535. As long as the pair is below the falling trend line on the daily chart, the downside move could be expected to continue and...

GBPUSD Weekly Analysis – November 19, 2017

by ForexCycle.com | November 19, 2017 8:12 am
GBPUSD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.1946 (Oct 2016 low). As long as the price is above the trend line, the fall from 1.3657 could be...

EURUSD Weekly Analysis – November 19, 2017

by ForexCycle.com | November 19, 2017 8:11 am
EURUSD broke above the falling trend line on the daily chart and is now facing 1.1879 resistance. A breakout of this level will confirm that the downside movement from 1.2092 had completed at 1.1554 already, then further...

USD/JPY Price Forecast November 20, 2017, Technical Analysis

by FX Empire | November 18, 2017 2:20 pm
The US dollar fell significantly during the trading session on Friday, and then bounced slightly to only roll over again. We have tested the 112 level, and if we can continue to go lower from here, the...

USD/CAD Price Forecast November 20, 2017, Technical Analysis

by FX Empire | November 18, 2017 2:18 pm
The US dollar has been very volatile against the Canadian dollar during the trading session on Friday, initially dipping down towards the 1.2715 level, and then exploding to the upside, reaching as high as 1.2830. We then...

GBP/USD Price Forecast November 20, 2017, Technical Analysis

by FX Empire | November 18, 2017 2:16 pm
The British pound has been very volatile during the trading session on Friday, testing the 1.3250 level but failing. However, I think that eventually we will break above there as the British pound is going to continue...

EUR/USD Price Forecast November 20, 2017, Technical Analysis

by FX Empire | November 18, 2017 2:14 pm
The EUR/USD pair has been choppy during the trading session on Friday, rallying a bit, breaking above the 1.18 level. However, we roll over from there and it looks as if were going to settle on an...

AUD/USD Price Forecast November 20, 2017, Technical Analysis

by FX Empire | November 18, 2017 2:13 pm
The Australian dollar has fallen a bit during the day on Friday, showing signs of struggle against the US dollar you again. The 0.7550 level underneath has been supportive in the past, and is the beginning of...