AUDUSD Bullish Channel (July 18, 2017)

by Kate Curtis | July 18, 2017 4:18 am
AUDUSD has been trending higher and is moving inside a bullish channel formation on its 4-hour chart. Price is bouncing off the resistance and could be due for a pullback from here. Stochastic is turning lower from...

USDCAD Daily Analysis – July 18, 2017

by ForexCycle.com | July 18, 2017 1:17 am
USDCAD continued its downward movement from 1.3347 and the fall extended to as low as 1.2627. Resistance is at 1.2770, as long as this level holds, further decline could be expected and next target would be at...

USDJPY Daily Analysis – July 18, 2017

by ForexCycle.com | July 18, 2017 1:15 am
USDJPY stays below a descending trend line on its 4-hour chart and remains in downtrend from 114.49. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be...

AUDUSD Daily Analysis – July 18, 2017

by ForexCycle.com | July 18, 2017 1:15 am
AUDUSD remains in uptrend from 0.7571, the fall from 0.7838 is likely consolidation of the uptrend. Near term support is located at the bottom trend line of the price channel on its 4-hour chart. As long as...

GBPUSD Daily Analysis – July 18, 2017

by ForexCycle.com | July 18, 2017 1:14 am
GBPUSD remains in uptrend from 1.2811, the fall from 1.3113 could be treated as consolidation of the uptrend. Range trading between 1.3000 and 1.3113 would likely be seen in a couple of days. As long as 1.3000...

EURUSD Daily Analysis – July 18, 2017

by ForexCycle.com | July 18, 2017 1:13 am
EURUSD is facing 1.1489 resistance, a break out of this level will signal resumption of the uptrend from 1.1118, then next target would be at 1.1600 area. Near term support is at 1.1370 and the key support...

Bitcoin “Deja Vu” corrective sequence

by elliottwave-forecast.com | July 17, 2017 9:10 am
Since June peak at $3000, Bitcoin lost 35% of it’s value driving the rest of the cryptocurrency market into chaos as 1st August is approaching which is scheduled to trigger activation of Segregated Witness (SegWit) and could lead to...

Bitcoin Is Facing Key Support At 1737

by ForexCycle.com | July 17, 2017 8:34 am
BTCUSD recently broke below the bottom support trend line of the triangle pattern on its 4-hour chart and the ascending trend line on the daily chart, and is now facing the key support at the May 27...

AUDUSD Long-Term Breakout (July 17, 2017)

by Kate Curtis | July 17, 2017 3:13 am
AUDUSD had been trading inside an ascending triangle on its long-term time frame and has just broken past the resistance at the .7750 minor psychological mark. This signals that the pair is in for an uptrend, which...

USDCAD Daily Analysis – July 17, 2017

by ForexCycle.com | July 17, 2017 1:13 am
USDCAD’s bearish movement from 1.3347 extended to as low as 1.2639. Further decline is still possible after a minor consolidation and next target would be at 1.2500 area. Resistance is now at 1.2770, only a break above...