EURUSD Weekly Analysis – September 13, 2020

by ForexCycle.com | September 13, 2020 2:01 pm
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.0635. As long as the trend line support holds, the price action in the trading range between 1.1695 and 1.2010...

USDCAD Weekly Analysis – August 23, 2020

by ForexCycle.com | August 23, 2020 1:41 pm
USDCAD’s downside movement from 1.4667 extended to as low as 1.3132. As long as the price is in the falling price channel on the daily chart, the downside movement could be expected to continue and next target...

USDJPY Weekly Analysis – August 23, 2020

by ForexCycle.com | August 23, 2020 1:39 pm
USDJPY stays below a falling trend line on the daily chart and remains in the downtrend from 111.71. As long as the price is below the trend line, the price action from 104.18 could be treated as...

AUDUSD Weekly Analysis – August 23, 2020

by ForexCycle.com | August 23, 2020 1:38 pm
AUDUSD extended its upside movement from 0.5507 to as high as 0.7275. Further rise is still possible next week and next target would be at 0.7500 area. Near term support is at 0.7060, a breakdown below this...

GBPUSD Weekly Analysis – August 23, 2020

by ForexCycle.com | August 23, 2020 1:37 pm
GBPUSD extended its upside movement from 1.1409 to as high as 1.3266. Further rise is still possible after a minor consolidation and next target would be at 1.3500 area. Near term support is at 1.2980, a breakdown...

EURUSD Weekly Analysis – August 23, 2020

by ForexCycle.com | August 23, 2020 1:36 pm
EURUSD moved sideways in a trading range between 1.1695 and 1.1965. As long as the price is above the rising trend line on the daily chart, the sideways movement could be treated as consolidation for the uptrend...

USDCAD Weekly Analysis – August 16, 2020

by ForexCycle.com | August 16, 2020 2:15 pm
USDCAD extended its downside movement from 1.4667 to as low as 1.3191. Further decline is still possible next week and next target would be at 1.3000 area. Near term resistance is at the top of the falling...

USDJPY Weekly Analysis – August 16, 2020

by ForexCycle.com | August 16, 2020 2:14 pm
USDJPY’s bounce from 104.18 extended to as high as 107.05. As long as the price is below the falling trend line on the daily chart, the bounce could be treated as consolidation for the downtrend from 111.71,...

AUDUSD Weekly Analysis – August 16, 2020

by ForexCycle.com | August 16, 2020 2:13 pm
AUDUSD remains in the uptrend from 0.5507. Further rise would likely be seen after a minor consolidation and next target would be at 0.7500 area. Near term support is at 0.7060, a breakdown below this level could...

GBPUSD Weekly Analysis – August 16, 2020

by ForexCycle.com | August 16, 2020 2:11 pm
GBPUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.1409. Further rise would likely be seen in a couple of weeks and next target would be at 1.3500 area....