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ForexCycle

Analyst and Forex Trader
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British Pound Rebounds Strongly Against US Dollar
Monday, May 13, 2024 8:36 AM EDT
After testing the key 1.2448 support level, the GBPUSD currency pair staged an impressive rebound, to the 1.2553 area in recent trading sessions. This bounce higher is likely the resumption of the broader uptrend that originated from the 1.2299 low.
In this article: FXB, UDN
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EURUSD At Critical Trendline Resistance: Downtrend Resumption Or Bullish Reversal?
Monday, May 13, 2024 8:15 AM EDT
The EURUSD currency pair is once again facing resistance from the falling trendline.
In this article: FXE, UUP
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Bitcoin Extends Pullback, But Longer-Term Uptrend Remains Intact
Thursday, May 9, 2024 9:31 AM EDT
The BTCUSD cryptocurrency pair has extended its pullback from the 73,830 high, falling as low as 56,434 in recent trading sessions.
In this article: BITCOMP
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US Dollar Extends Rally Against Japanese Yen
Thursday, May 9, 2024 4:20 AM EDT
The USDJPY currency pair has extended its impressive upside move, rallying from the 151.86 low to a high of 155.69 in recent trading sessions.
In this article: FXY, UUP
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British Pound Breaks Key Trendline Support Against US Dollar
Thursday, May 9, 2024 2:10 AM EDT
The GBPUSD currency pair has broken below the rising trendline support visible on the 4-hour chart. This technical breakdown suggests that the recent upside move from the 1.2299 low has likely been completed at the 1.2633 high.
In this article: FXB, UUP
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Euro Stalls At Key Trendline Resistance Against US Dollar
Sunday, May 5, 2024 11:51 PM EDT
The EURUSD currency pair has staged an impressive rally from the 1.0600 low, breaking above the 1.0752 resistance level and extending its upside move to test the falling trendline resistance visible on the 4-hour chart.
In this article: FXE, UUP
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EURUSD Tests Resistance: Uptrend Signal Or Correction Within Downtrend?
Friday, May 3, 2024 6:39 AM EDT
EURUSD’s price action faces a critical juncture, with a key resistance level potentially dictating the future direction of the currency pair. This analysis examines the technical situation and explores potential scenarios.
In this article: FXE, UUP
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USDJPY Breaks Down: Uptrend Over Or Correction Incoming?
Thursday, May 2, 2024 9:00 AM EDT
USDJPY’s price action has shifted, raising questions about the future direction of the currency pair. This analysis examines the technical situation and explores potential scenarios.
In this article: FXY, UUP
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USDCHF Charges Higher: Uptrend Confirmed Or Further Gains Ahead?
Wednesday, May 1, 2024 2:25 AM EDT
USDCHF has displayed continued strength, with the price reaching new highs. This analysis examines the technical situation and explores potential scenarios for the currency pair.
In this article: UUP, FXF
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USDCAD Stalls At Resistance: Downtrend To Resume Or Uptrend Signal?
Tuesday, April 30, 2024 1:00 AM EDT
USDCAD faces a critical juncture, with a key resistance level potentially dictating the future direction of the currency pair. This analysis examines the technical situation and explores potential scenarios.
In this article: FXC, UUP
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USDJPY: Uptrend On Hold Or Correction Incoming?
Monday, April 29, 2024 8:40 AM EDT
USDJPY’s recent price action suggests a shift in momentum. This analysis examines the technical situation and explores potential scenarios for the currency pair.
In this article: FXY, UUP
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USDJPY Charges Higher: Uptrend Confirmed Or Bullish Momentum Extended?
Friday, April 26, 2024 8:12 AM EDT
USDJPY’s price action suggests continued strength.
In this article: FXY, UUP
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EURUSD Climbs: Uptrend Resumption Or Bullish Correction?
Friday, April 26, 2024 7:13 AM EDT
EURUSD has displayed renewed buying pressure, breaking above key resistance.
In this article: FXE, UUP
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GBPUSD Reverses Course: Downtrend Over Or Bullish Correction?
Thursday, April 25, 2024 12:20 AM EDT
GBPUSD’s recent price action indicates a potential shift in momentum. This analysis examines the technical situation and explores potential scenarios for the currency pair.
In this article: FXB, UUP
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EURUSD Stages Rebound: Correction Or Downtrend Pause?
Wednesday, April 24, 2024 1:15 AM EDT
EURUSD has displayed a promising sign, potentially interrupting its recent decline. This analysis examines the technical situation and explores potential scenarios for the currency pair.
In this article: FXE, UUP
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USDCAD Struggles: Downtrend Deepening Or Temporary Dip?
Tuesday, April 23, 2024 6:45 AM EDT
USDCAD’s recent price action indicates continued weakness.
In this article: FXC, UUP
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