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....

Test-Drive This Go-To Global Forecasting Service for $10

by ForexCycle.com | June 15, 2023 10:53 pm
Do you ever just feel completely run-ragged with all the choices and decisions you’re presented with daily? I know I do. What insurance carrier? What doctor? What school? What… the list is endless. Collecting, assimilating and distilling...

Will These 2 Sectors Lead the Stock Market Lower?

by ForexCycle.com | June 15, 2023 1:35 am
By Elliott Wave International Although it doesn’t feel like it sometimes, the U.S. stock market has been in a downtrend since January 2022. The reason it doesn’t feel like it is because the S&P 500 has been...

USDCAD Daily Analysis – June 15, 2023

by ForexCycle.com | June 15, 2023 1:30 am
The USDCAD currency pair has experienced continued downward momentum, extending its decline from the high of 1.3654 to as low as 1.3271. Currently, the pair is hovering near the support level at 1.3260, which has acted as...

USDJPY Daily Analysis – June 15, 2023

by ForexCycle.com | June 15, 2023 1:20 am
The USDJPY currency pair has been trading within a well-defined range, oscillating between the levels of 138.42 and 140.91. This consolidation phase indicates a temporary equilibrium between buyers and sellers as they assess market conditions and seek...

AUDUSD Daily Analysis – June 15, 2023

by ForexCycle.com | June 15, 2023 1:09 am
The AUDUSD currency pair has shown remarkable strength, extending its upward move from 0.6457 to reach as high as 0.6835, surpassing the key resistance level at 0.6817. This breakthrough signifies a continuation of the bullish trend and...

GBPUSD Daily Analysis – June 15, 2023

by ForexCycle.com | June 15, 2023 12:57 am
The GBPUSD currency pair has demonstrated significant strength, extending its upside movement from 1.2307 to reach as high as 1.2698, successfully breaking above the key resistance level at 1.2679. This breakout suggests a continuation of the bullish...

EURUSD Daily Analysis – June 15, 2023

by ForexCycle.com | June 15, 2023 12:46 am
The EURUSD currency pair has shown remarkable strength, extending its upside move from 1.0635 to reach as high as 1.0863, surpassing the significant resistance level at 1.0831. This breakout suggests a continuation of the bullish momentum, with...