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...

EURUSD Daily Analysis – July 20, 2023

by ForexCycle.com | July 19, 2023 11:56 pm
The EURUSD currency pair has recently experienced a significant development, as it broke below the key support level at 1.1203. This breach suggests that the upside move that began from 1.0833 and led the pair to reach...

Robert Prechter Interview for the Ages: Quick Takes on Big Financial Trends

by ForexCycle.com | July 19, 2023 9:30 am
By Elliott Wave International Robert Prechter’s June 23 interview with GoldSeek.com, which is under 15 minutes, covers a variety of financial topics. They include stocks with an emphasis on the technology sector (including artificial intelligence), bitcoin, gold...

USDCAD Daily Analysis – July 19, 2023

by ForexCycle.com | July 19, 2023 1:47 am
USDCAD finds itself at a crucial juncture as it tests the support level at 1.3160 once again. Traders are closely monitoring this level as it could determine the pair’s short-term direction. Let’s analyze the current outlook and...

USDJPY Daily Analysis – July 19, 2023

by ForexCycle.com | July 19, 2023 1:38 am
USDJPY has been moving sideways, confined within a trading range between 137.23 and 139.40. This consolidation phase has offered traders an opportunity to assess market sentiment and prepare for potential breakout opportunities. Let’s examine the current outlook...

AUDUSD Daily Analysis – July 19, 2023

by ForexCycle.com | July 19, 2023 1:20 am
AUDUSD is currently at a crucial juncture as it faces the support of a rising price channel on the 4-hour chart. This critical level will be closely watched by traders, as it could determine the future direction...

GBPUSD Daily Analysis – July 19, 2023

by ForexCycle.com | July 19, 2023 1:08 am
GBPUSD is currently at a crucial point as it encounters the support of a rising trend line on the 4-hour chart. Traders are closely monitoring this level as it may hold the key to the future direction...

EURUSD Daily Analysis – July 19, 2023

by ForexCycle.com | July 19, 2023 12:56 am
EURUSD has been displaying interesting price dynamics, with the pair facing a crucial support level at 1.1203. Traders are closely monitoring this level as it could potentially influence the direction of the market. Let’s take a closer...

New interview: ‘The Tulip Mania Was Nothing’

by ForexCycle.com | July 18, 2023 8:29 am
Recently, Elliott Wave International’s president Robert Prechter gave a rare interview. He covered a lot of ground – from stocks and Bitcoin to the economy and gold. Our friends at Elliott Wave International are sharing Prechter’s interview...