EURUSD Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:06 am
The EURUSD currency pair has been engaged in a prolonged period of sideways movement, oscillating within a trading range between 1.0515 and 1.1095. This consolidation phase has persisted for some time, and traders are closely monitoring the...

USDCAD Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:57 am
The USDCAD currency pair has experienced a significant shift in momentum as it broke below the key support level at 1.3225. This break suggests that the long-term uptrend, which began at 1.2006, has likely completed at 1.3977....

USDJPY Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:52 am
The USDJPY currency pair has experienced a significant upward move, stretching from 127.21 to a high of 141.90. This extended rally indicates a sustained bullish sentiment in the market. As long as the price remains above the...

AUDUSD Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:48 am
The AUDUSD currency pair has made a significant breakthrough, surpassing the key resistance level at 0.6800. This breakout suggests that another upward move is underway, with the pair potentially targeting the falling trend line on the weekly...

GBPUSD Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:42 am
The GBPUSD currency pair has made a significant breakthrough, surpassing the key resistance level at 1.2679 and extending its long-term upside move from 1.0352 to reach as high as 1.2847. This breakout suggests that bullish momentum is...

EURUSD Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:34 am
The EURUSD currency pair has been trading in a relatively narrow range between 1.0515 and 1.1095, displaying a period of consolidation in recent sessions. This consolidation phase comes after a significant uptrend from the low of 0.9535....

USDCAD Weekly Analysis – June 10, 2023

by ForexCycle.com | June 10, 2023 1:40 am
The USDCAD currency pair has recently broken below the lower border of a significant rising price channel on the weekly chart. This breakdown suggests a potential shift in the long-term market dynamics, indicating a possible end to...

USDJPY Weekly Analysis – June 10, 2023

by ForexCycle.com | June 10, 2023 1:37 am
The USDJPY currency pair has been experiencing an uptrend from its low at 127.21, with the price action remaining above a significant rising trend line on the weekly chart. This suggests that the bullish momentum is still...

AUDUSD Weekly Analysis – June 10, 2023

by ForexCycle.com | June 10, 2023 1:33 am
The AUDUSD currency pair has been experiencing a long-term downtrend, which has persisted since its peak at 0.8006. Despite a recent rebound from 0.6170, the pair remains below a significant falling trend line on the weekly chart,...

GBPUSD Weekly Analysis – June 10, 2023

by ForexCycle.com | June 10, 2023 1:29 am
The GBPUSD currency pair has been undergoing a consolidation phase, suggesting a temporary pause in the long-term uptrend that originated from 1.0352. The pullback from the recent high of 1.2679 is likely a period of consolidation before...