USDJPY Daily Analysis – May 23, 2019

by ForexCycle.com | May 23, 2019 3:00 am
USDJPY is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 110.67 could be treated as consolidation for the uptrend from 109.01, another...

AUDUSD Daily Analysis – May 23, 2019

by ForexCycle.com | May 23, 2019 2:59 am
AUDUSD is facing 0.6864 support, a breakdown below this level could trigger further downside movement towards 0.6800. Near term resistance is at 0.6895, above this level could bring the price back towards the top of the price...

GBPUSD Daily Analysis – May 23, 2019

by ForexCycle.com | May 23, 2019 2:58 am
GBPUSD’s downside movement from 1.3176 extended to as low as 1.2624. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next target...

EURUSD Daily Analysis – May 23, 2019

by ForexCycle.com | May 23, 2019 2:58 am
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1263. As long as the channel resistance holds, the bounce from 1.1142 could be treated as consolidation for the downtrend,...

USDCAD Daily Analysis – May 22, 2019

by ForexCycle.com | May 22, 2019 2:55 am
USDCAD is facing 1.3376 support, a breakdown below this level could take the price to 1.3300 area. However, as long as 1.3376 support holds, the price action in the trading range between 1.3376 and 1.3520 could be...

USDJPY Daily Analysis – May 22, 2019

by ForexCycle.com | May 22, 2019 2:54 am
USDJPY broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 112.40 had completed at 109.01 already. Further rise could be expected and next target would be at 111.50 area. Key...

AUDUSD Daily Analysis – May 22, 2019

by ForexCycle.com | May 22, 2019 2:54 am
AUDUSD failed to break above the resistance of the price channel on the 4-hour chart, suggesting that the pair remains in the downtrend from 0.7068. Further decline could be expected and next target would be at 0.6800...

GBPUSD Daily Analysis – May 22, 2019

by ForexCycle.com | May 22, 2019 2:53 am
GBPUSD extended its downside movement from 1.3176 to as low as 1.2685. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

EURUSD Daily Analysis – May 22, 2019

by ForexCycle.com | May 22, 2019 2:52 am
EURUSD failed to break above the bearish trend line on the 4-hour chart, suggesting that the pair remains in the downtrend from 1.1263. As long as the trend line resistance holds, the downside movement could be expected...

ICIC Bank Elliott Wave View Calls For Correction but Still Bullish

by elliottwave-forecast.com | May 21, 2019 5:10 pm
ICICI Bank Limited is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra with its registered office in Vadodara, Gujarat. As of 2018, ICICI Bank is the second largest bank in India in terms...