AUDUSD Daily Analysis – March 20, 2020

by ForexCycle.com | March 20, 2020 4:39 am
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 0.6684 had completed at 0.5507 already. Further rally could likely be seen in the coming days and next target would...

GBPUSD Daily Analysis – March 20, 2020

by ForexCycle.com | March 20, 2020 4:38 am
GBPUSD extended its downside movement from 1.3199 to as low as 1.1409. Resistance is now at 1.1792, as long as this level holds, the downside movement could be expected to continue and next target would be at...

EURUSD Daily Analysis – March 20, 2020

by ForexCycle.com | March 20, 2020 4:37 am
EURUSD extended its downside movement from 1.1496 to as low as 1.0652, breaking below 1.0778 support. Further decline is still possible after a minor consolidation and next target would be at 1.0600 area. Near term resistance is...

Teladoc Health (NYSE: TDOC) Bullish Cycle Can Extend

by elliottwave-forecast.com | March 19, 2020 5:13 pm
Teladoc Health (NYSE: TDOC) is a multinational telemedicine and virtual healthcare company based in the United States. It offers an app-based medical consultations which present a safer solution for patient during the current pandemic conditions. The stock is...

The Clorox Company (NYSE: CLX) Ending an Impulsive Cycle

by elliottwave-forecast.com | March 19, 2020 5:12 pm
The Clorox Company (NYSE: CLX) is an American global manufacturer and marketer of consumer and professional products. Its’s brands include its namesake bleach and cleaning products.During a pandemic, the demand for sanitizing products rises significantly which helped Clorox to...

USDJPY Elliott Wave View: More Upside Expected

by elliottwave-forecast.com | March 19, 2020 5:11 pm
Short term Elliott Wave view in USDJPY suggests that the rally from March 09, 2020 low is showing a higher high sequence favoring a move towards $112.45-$114.17 target area the upside. The internals of that rally is...

USDCAD Daily Analysis – March 19, 2020

by ForexCycle.com | March 19, 2020 2:20 am
USDCAD extended its upside movement from 1.3201 to as high as 1.4656. Further rise is still possible after a minor consolidation and next target would be at 1.4800 area. Near term support is at 1.4335, only break...

USDJPY Daily Analysis – March 19, 2020

by ForexCycle.com | March 19, 2020 2:19 am
USDJPY extended its upside movement from 101.17 to as high as 109.06, breaking above 108.49 resistance. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected...

AUDUSD Daily Analysis – March 19, 2020

by ForexCycle.com | March 19, 2020 2:19 am
AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.6684. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...