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...

USDJPY Daily Analysis – July 21, 2023

by ForexCycle.com | July 21, 2023 11:37 am
The USDJPY currency pair has experienced a notable upward move, extending from 137.23 to reach as high as 141.94. This surge in value has captured the attention of traders and analysts, who anticipate the potential for further...

AUDUSD Daily Analysis – July 21, 2023

by ForexCycle.com | July 21, 2023 11:15 am
AUDUSD continues to face selling pressure as the currency pair extends its downside move from the recent high at 0.6894, reaching as low as 0.6743. The prevailing bearish sentiment has kept the AUDUSD under pressure, and further...

GBPUSD Daily Analysis – July 21, 2023

by ForexCycle.com | July 21, 2023 11:06 am
GBPUSD continues to experience downside pressure after retreating from its recent high at 1.3141, as the bears exert their influence on the currency pair. The market sentiment remains bearish, and further declines are anticipated in the coming...

EURUSD Daily Analysis – July 21, 2023

by ForexCycle.com | July 21, 2023 10:50 am
EURUSD has experienced a downward move, extending from 1.1275 to as low as 1.1118, indicating a bearish sentiment in the market. Further declines are still on the table, and the next target for the pair could be...

USDCAD Daily Analysis – July 20, 2023

by ForexCycle.com | July 20, 2023 12:48 am
USDCAD has encountered selling pressure, breaking below the crucial 1.3160 support level. This suggests that the short-term uptrend from 1.3092 has completed at 1.3242, and the pair may experience further declines in the coming days. Further Decline...

USDJPY Daily Analysis – July 20, 2023

by ForexCycle.com | July 20, 2023 12:36 am
USDJPY has shown remarkable strength, breaking above the critical 139.40 resistance level and reaching as high as 139.98. The ongoing uptrend from 137.23 indicates bullish momentum, and traders are now eyeing the next target at 141.00. Further...

AUDUSD Daily Analysis – July 20, 2023

by ForexCycle.com | July 20, 2023 12:27 am
AUDUSD has experienced a significant break below the rising price channel on the 4-hour chart, indicating a potential shift in market sentiment. The recent break suggests that the upside move that began from 0.6594 has likely concluded...

GBPUSD Daily Analysis – July 20, 2023

by ForexCycle.com | July 20, 2023 12:14 am
GBPUSD has experienced a notable pullback from its recent high of 1.3141, dropping to 1.2866 and breaking below the rising trend line on the 4-hour chart. This technical development suggests that the upside move that commenced from...