EURUSD Daily Analysis – June 20, 2023
The EURUSD currency pair has shown resilience, staying above a rising trend line on the 4-hour chart and remaining in an uptrend from 1.0635. The recent pullback from the high of 1.0970 can be viewed as a...
Author: ForexCycle.com
USDCAD Daily Analysis – June 19, 2023
The USDCAD currency pair has extended its downward move, declining from its recent high of 1.3654 to as low as 1.3177. The pair remains below the falling trend line on the 4-hour chart, indicating a continuation of...
USDJPY Daily Analysis – June 19, 2023
The USDJPY currency pair has recently broken above the key resistance level at 140.91, signaling a resumption of the uptrend from the low of 133.49. This breakthrough indicates renewed buying pressure and suggests that further upside movement...
AUDUSD Daily Analysis – June 19, 2023
The AUDUSD currency pair has demonstrated significant strength as it continued its upward trajectory from 0.6457 and reached a high of 0.6899. This extended rally suggests that the pair may have further room to climb, with the...
GBPUSD Daily Analysis – June 19, 2023
The GBPUSD currency pair has exhibited notable strength as it extended its upward movement from 1.2307 to reach a high of 1.2847. This continued rally suggests that further gains may be in store for the pair, with...
EURUSD Daily Analysis – June 19, 2023
The EURUSD currency pair has displayed continued strength as it extended its upward move from 1.0635 to reach a high of 1.0970, surpassing the significant resistance level at 1.0900. This breakout suggests that the pair is likely...
Stocks: Possible Replay of an Ominous Price Pattern
By Elliott Wave International The reason price patterns tend to repeat in the stock market is that investor psychology never changes. The Elliott wave model directly reflects these largely predictable swings in investor psychology. That’s what the...
USDCAD Weekly Analysis – June 18, 2023
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
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
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...