USDJPY Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:35 am
The USDJPY currency pair has experienced a significant upside move from 127.21, reaching as high as 143.86. This bullish momentum suggests that further gains may be on the horizon for the pair over the next several weeks....

AUDUSD Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:29 am
The AUDUSD currency pair has been trading within a sideways range, oscillating between the levels of 0.6170 and 0.7157. This period of consolidation comes after a long-term downtrend from 0.8006. Traders are closely monitoring the price action...

GBPUSD Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:13 am
The GBPUSD currency pair has been displaying a long-term uptrend, with its origins traced back to 1.0352. Despite occasional periods of consolidation and pullbacks, the overall trajectory remains skewed to the upside. Traders are closely monitoring key...

EURUSD Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:06 am
The EURUSD currency pair has been engaged in a prolonged period of sideways movement, oscillating within a trading range between 1.0515 and 1.1095. This consolidation phase has persisted for some time, and traders are closely monitoring the...

High Frequency Trading: Has The Market Really Changed?

by elliottwave-forecast.com | June 23, 2023 7:32 pm
The stock market has been around for centuries. Movement in stock market is influenced by the demand vs supply factor. The simple way to explain equity market is the aggregation of buyers and sellers of stocks. It...

USDCAD Daily Analysis – June 23, 2023

by ForexCycle.com | June 23, 2023 10:57 am
The USDCAD currency pair continues to adhere to the established downtrend from 1.3654, as indicated by its position below the falling trend line on the 4-hour chart. The pair remains in a bearish phase, and there is...

USDJPY Daily Analysis – June 23, 2023

by ForexCycle.com | June 23, 2023 10:48 am
The USDJPY currency pair has continued its impressive upside move, reaching as high as 143.31. This upward momentum suggests that the pair remains in a strong uptrend, and there is a possibility of further gains in the...

AUDUSD Daily Analysis – June 23, 2023

by ForexCycle.com | June 23, 2023 10:39 am
The AUDUSD currency pair has witnessed an extended downside move, reaching as low as 0.6684. This decline suggests that the pair remains under selling pressure, and there is a possibility of further downside in the near term....

GBPUSD Daily Analysis – June 23, 2023

by ForexCycle.com | June 23, 2023 10:31 am
The GBPUSD currency pair has experienced a significant development as it broke below the key support level at 1.2690. This break suggests that the previous upside move from 1.2307 has likely reached its completion at 1.2847. Traders...

EURUSD Daily Analysis – June 23, 2023

by ForexCycle.com | June 23, 2023 10:24 am
The EURUSD currency pair has experienced a significant development as it broke below the rising trend line on the 4-hour chart. This break suggests that the previous upside movement from 1.0635 has likely reached its completion at...