AUDUSD Weekly Analysis – September 22, 2019

by ForexCycle.com | September 22, 2019 10:14 am
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7295. As long as the trend line resistance holds, the bounce from 0.6677 could be treated as consolidation for the...

GBPUSD Weekly Analysis – September 22, 2019

by ForexCycle.com | September 22, 2019 10:13 am
GBPUSD extended its upside movement from 1.1958 to as high as 1.2581. Further rally is still possible next week and next target would be at 1.2750 area. Near term support is at 1.2390, below this level would...

EURUSD Weekly Analysis – September 22, 2019

by ForexCycle.com | September 22, 2019 10:12 am
EURUSD failed to break above the resistance of the falling price channel on the daily chart, suggesting that the pair remains in the downtrend from 1.1412. As long as the channel resistance holds, the downside movement could...

You’re Invited! A $1,229 ticket to new Elliott set-ups, free

by ForexCycle.com | September 20, 2019 1:07 am
Elliott Wave International is opening the doors to their entire lineup of trader-focused Pro Services — but only for a week! It’s a ticket that’s worth $1,229. Starting Thursday, September 19, you get a week of free...

USDCAD Daily Analysis – September 20, 2019

by ForexCycle.com | September 20, 2019 1:03 am
USDCAD broke below the rising price channel on the 4-hour chart. Deeper decline to test 1.3230 support would likely be seen, below this level would indicate that the upside movement from 1.3133 had completed at 1.3309 already,...

USDJPY Daily Analysis – September 20, 2019

by ForexCycle.com | September 20, 2019 1:03 am
USDJPY moved sideways in a trading range between 107.49 and 108.47. As long as 107.49 support holds, the sideways movement could be treated as consolidation for the uptrend from 104.44, a breakout of 108.47 resistance could trigger...

AUDUSD Daily Analysis – September 20, 2019

by ForexCycle.com | September 20, 2019 1:02 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.6894. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

GBPUSD Daily Analysis – September 20, 2019

by ForexCycle.com | September 20, 2019 1:01 am
GBPUSD extended its upside movement from 1.1958 to as high as 1.2560. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...

EURUSD Daily Analysis – September 20, 2019

by ForexCycle.com | September 20, 2019 1:00 am
EURUSD stayed in a trading range between 1.0990 and 1.1109 for several days. As long as 1.0990 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.0926, further rise...

USDCAD Daily Analysis – September 19, 2019

by ForexCycle.com | September 19, 2019 2:21 am
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3133. As long as the channel support holds, the uptrend could be expected to continue and next target would be...