AUDUSD Daily Analysis – April 15, 2020

by ForexCycle.com | April 15, 2020 1:56 am
AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.5979. As long as the trend line support holds, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – April 15, 2020

by ForexCycle.com | April 15, 2020 1:55 am
GBPUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2164. As long as the trend line support holds, the uptrend could be expected to continue and next target would...

EURUSD Daily Analysis – April 15, 2020

by ForexCycle.com | April 15, 2020 1:54 am
EURUSD extended its upside movement from 1.0768 to as high as 1.0990. Further rise is still possible in a couple of days and next target would be at 1.1050 area. Key support is at 1.0892, only break...

RingCentral Inc (NYSE: RNG) – Bullish Cycle in Play

by elliottwave-forecast.com | April 14, 2020 4:39 pm
RingCentral Inc (NYSE: RNG) is an American publicly traded provider of cloud-based communications and collaboration solutions for businesses. The company is considered the leader in Unified Communications as a Service in terms of revenue and subscriber seats. Its...

Silver (XAGUSD): Getting Ready For A Huge Rally.

by elliottwave-forecast.com | April 14, 2020 4:38 pm
Every trader around the World relates trading XAGUSD with XAUUSD. Most of the time, they trade in what we call direct correlation, which means they agree in both swings and overall direction. Since 2015 something very interesting...

Elliott Wave View: Amazon (AMZN) Aiming for All-Time High

by elliottwave-forecast.com | April 14, 2020 4:37 pm
Short Term Elliott Wave View suggests rally in Amazon (Ticker: AMZN) from March 26 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from March 26 low, wave (1) ended at 1993.02 high. The pullback...

USDSGD Could See Buyers Appearing Soon

by elliottwave-forecast.com | April 14, 2020 4:36 pm
In this blog, we are going to take a look at the Elliott Wave chart of USDSGD.  The 4 hour chart update from April 13, 2020 shows that 5 waves impulsive structure has ended on March 23,...

USDCAD Daily Analysis – April 14, 2020

by ForexCycle.com | April 14, 2020 2:40 am
USDCAD extended its downside movement from 1.4348 to as low as 1.3854, breaking below 1.3920 support. Further decline is still possible after a minor consolidation and next target would be at 1.3800 area. Near term resistance is...

USDJPY Daily Analysis – April 14, 2020

by ForexCycle.com | April 14, 2020 2:39 am
USDJPY extended its downside movement from 109.38 to as low as 107.50. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...

AUDUSD Daily Analysis – April 14, 2020

by ForexCycle.com | April 14, 2020 2:38 am
AUDUSD’s upside movement from 0.5979 extended to as high as 0.6431. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...