AUDUSD Daily Analysis – February 27, 2020

by ForexCycle.com | February 27, 2020 1:44 am
AUDUSD broke below 0.6585 support and extended its downside movement from 0.6749 to as low as 0.6542. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be...

GBPUSD Daily Analysis – February 27, 2020

by ForexCycle.com | February 27, 2020 1:41 am
GBPUSD broke below the bottom of the rising price channel on the 4-hour chart, suggesting that the downtrend from 1.3209 has resumed. Further decline could be expected and next target would be at 1.2850, followed by 1.2800....

EURUSD Daily Analysis – February 27, 2020

by ForexCycle.com | February 27, 2020 1:40 am
EURUSD broke above the resistance of the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.1239 (Dec 31, 2019 high) had completed at 1.0778 already. Further rally would likely be seen and...

Beyond Meat Inc (NASDAQ: BYND) – Starting an Impulsive Cycle

by elliottwave-forecast.com | February 26, 2020 4:28 pm
Beyond Meat Inc (NASDAQ: BYND) is a producer of plant-based meat substitutes including products designed to simulate chicken, beef, and pork sausage. After IPO, BYND surged 250% for 3 months then it came down erasing all gains and settling around 15% on December...

Elliott Wave View : GDX Looking to Extend Higher

by elliottwave-forecast.com | February 26, 2020 4:27 pm
Short term Elliott wave view in GDX ETF suggests the rally from January 14, 2020 low in wave (3) has ended at 31.98 high. The cycle unfolded as a 5 waves impulse Elliott Wave structure. Up from January...

USDCAD Daily Analysis – February 26, 2020

by ForexCycle.com | February 26, 2020 2:57 am
USDCAD remains in the uptrend from 1.3201. Further rise could be expected after a minor consolidation and next target would be at 1.3350 area. Near term support is at 1.3250, only break below this level could trigger...

USDJPY Daily Analysis – February 26, 2020

by ForexCycle.com | February 26, 2020 2:56 am
USDJPY broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 108.30 had completed at 112.22 already. Further decline could be expected after consolidation and next target would be at 109.50...

AUDUSD Daily Analysis – February 26, 2020

by ForexCycle.com | February 26, 2020 2:55 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.6749. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

GBPUSD Daily Analysis – February 26, 2020

by ForexCycle.com | February 26, 2020 2:54 am
GBPUSD extended its upside movement from 1.2848 to as high as 1.3017. Further rise could be expected and next target would be at 1.3100. Support is at the rising trend line on the 4-hour chart, a breakdown...