EURUSD Weekly Analysis – July 22, 2023

by ForexCycle.com | July 22, 2023 2:13 am
The EURUSD currency pair has displayed remarkable strength, extending its upside move to reach as high as 1.1275. This impressive performance suggests that the pair remains in a long-term uptrend, which originated from the 0.9535 level. Traders...

USDCAD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 4:12 am
The USDCAD pair has experienced an extended downtrend, reaching as low as 1.3092 from the high of 1.3977. This decline indicates the continuation of the long-term bearish movement. Traders should be aware of the potential for further...

USDJPY Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 4:05 am
The USDJPY pair has experienced a significant development as it broke below the key support level at 137.90. This break suggests that the upside move from 127.21 has reached its completion at the high of 145.06. Currently,...

AUDUSD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 3:48 am
The AUDUSD pair has been engaged in a sideways movement, oscillating within the range of 0.6170 and 0.7157. This consolidation phase comes after a long-term downtrend from 0.8006, suggesting that the pair is taking a breather before...

GBPUSD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 3:10 am
The GBPUSD pair has been on an impressive long-term uptrend, stretching from 1.0352 to as high as 1.3141. This sustained upward momentum signals the strength of the British pound against the US dollar and suggests that further...

EURUSD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 3:02 am
The EURUSD pair has experienced a significant breakthrough, breaking above the key resistance level at 1.1095 and reaching as high as 1.1244. This breakout suggests that the long-term uptrend from 0.9535 has resumed, signaling potential further gains...

USDCAD Weekly Analysis – July 8, 2023

by ForexCycle.com | July 8, 2023 6:29 am
The USDCAD currency pair has been entrenched in a long-term downtrend, originating from 1.3977. This downtrend suggests the likelihood of further declines in the coming weeks. Traders with a bearish outlook anticipate the next target to be...

USDJPY Weekly Analysis – July 8, 2023

by ForexCycle.com | July 8, 2023 6:25 am
The USDJPY currency pair has maintained its long-term uptrend, which originated from 127.21. Despite potential periods of consolidation, the overall upward trajectory suggests the possibility of further gains in the future. Traders with a bullish outlook anticipate...

AUDUSD Weekly Analysis – July 8, 2023

by ForexCycle.com | July 8, 2023 6:21 am
The AUDUSD currency pair has been experiencing a period of sideways movement, trading within a range between 0.6170 and 0.7157. This consolidation phase suggests a pause in the long-term downtrend that originated from 0.8006. However, it is...

GBPUSD Weekly Analysis – July 8, 2023

by ForexCycle.com | July 8, 2023 6:18 am
The GBPUSD currency pair has been maintaining its long-term uptrend, which originated from 1.0352. This upward trajectory suggests that further gains could be expected in the coming weeks, with a potential next target in the 1.3200 area....