USDCAD Daily Analysis – May 25, 2023

by ForexCycle.com | May 25, 2023 2:18 am
The USDCAD currency pair has recently experienced a significant breakthrough, surpassing the key resistance level at 1.3567. This bullish move suggests that further upward momentum may be in store for the pair, with the next target set...

USDJPY Daily Analysis – May 25, 2023

by ForexCycle.com | May 25, 2023 2:13 am
The USDJPY currency pair has been on a remarkable uptrend, extending its upward movement from 133.49 and reaching as high as 139.64. The bullish momentum suggests that further gains could be on the horizon, with the next...

AUDUSD Daily Analysis – May 25, 2023

by ForexCycle.com | May 25, 2023 2:08 am
The AUDUSD currency pair has continued its downward movement, reaching as low as 0.6527 in recent trading sessions. The prevailing bearish sentiment suggests that further decline could be on the horizon, with the next target seen at...

GBPUSD Daily Analysis – May 25, 2023

by ForexCycle.com | May 25, 2023 2:04 am
The GBPUSD currency pair has experienced a further decline, with the price now approaching a crucial support level at 1.2350. This level holds significance as a breakthrough could potentially trigger additional downside movement and set the stage...

EURUSD Daily Analysis – May 25, 2023

by ForexCycle.com | May 25, 2023 1:59 am
The EURUSD currency pair has persisted in its downward trajectory, with the price continuing its descent from the 1.1091 level. Currently, the pair is approaching a crucial support level at 1.0710, which could act as a significant...

Here’s What Silver Investors Need to Know

by ForexCycle.com | May 25, 2023 12:48 am
By Elliott Wave International Observations over the years reveal that hedge fund managers tend to extrapolate current trends of financial markets into the future — just like most Main Street investors. In other words, hedge fund managers...

AMZN Starting To React From The Blue Box Area

by elliottwave-forecast.com | May 24, 2023 7:14 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Amazon ticker symbol: AMZN. In which, the rally from 01 May 2023 low unfolded as an impulse structure. And showed a higher...

USDCAD Daily Analysis – May 24, 2023

by ForexCycle.com | May 24, 2023 2:35 am
The USDCAD currency pair has managed to break above the resistance level at 1.3525, signaling a potential continuation of its recent upward movement. Traders can anticipate further upside momentum in the coming days, with the next target...

USDJPY Daily Analysis – May 24, 2023

by ForexCycle.com | May 24, 2023 2:30 am
The USDJPY currency pair has entered a consolidation phase, displaying range-bound trading as it continues the overall uptrend that commenced from 133.49. Traders should anticipate price action between the levels of 137.42 and 138.90 in the near...

AUDUSD Daily Analysis – May 24, 2023

by ForexCycle.com | May 24, 2023 2:26 am
The AUDUSD pair has experienced a significant development as it broke below the key support level at 0.6604, signaling a resumption of the downside movement from 0.6817. This breakdown has shifted the near-term outlook for the pair,...