AUDUSD Daily Analysis – June 21, 2023

by ForexCycle.com | June 21, 2023 2:19 am
The AUDUSD currency pair has experienced a short-term downtrend, with a recent rebound observed after touching the 0.6755 support level. The bounce occurred from a low of 0.6752, suggesting a period of consolidation for the downtrend from...

GBPUSD Daily Analysis – June 21, 2023

by ForexCycle.com | June 21, 2023 2:07 am
The GBPUSD currency pair has exhibited a resilient uptrend, remaining within a rising price channel on the 4-hour chart. The pair’s upward movement from 1.2307 has been notable, with a recent pullback observed from the high of...

EURUSD Daily Analysis – June 21, 2023

by ForexCycle.com | June 21, 2023 1:57 am
The EURUSD currency pair has shown resilience in maintaining its uptrend, remaining above a rising trend line on the 4-hour chart. The pair’s upward movement from 1.0635 has been notable, with recent price action indicating a pullback...

World Indices: Can History repeat itself

by elliottwave-forecast.com | June 20, 2023 6:15 pm
The World Indices rally since the low at 10.2022. Many are already trading into new highs above the 2022 peak. The idea can be seen as bullish, and our expected wave III of (3) might have started....

$CVNA: Car Retailer Carvana Entered Next Bullish Cycle

by elliottwave-forecast.com | June 20, 2023 5:52 pm
Carvana Co. is an online used car retailer and is known for its multi-store car vending machines. Today, the company is the fastest growing online used car dealer in the United States. Recently, Carvana gained publicity as it...

USDCAD Daily Analysis – June 20, 2023

by ForexCycle.com | June 20, 2023 3:15 am
The USDCAD currency pair has been in a persistent downtrend, remaining below a falling trend line on the 4-hour chart. This trend line resistance has been a significant level that has prevented the pair from reversing its...

USDJPY Daily Analysis – June 20, 2023

by ForexCycle.com | June 20, 2023 3:06 am
The USDJPY currency pair has experienced a notable upside move, extending from 133.49 to reach a high of 142.24. This upward momentum suggests that further gains may be in store for the pair in the coming days....

AUDUSD Daily Analysis – June 20, 2023

by ForexCycle.com | June 20, 2023 2:54 am
The AUDUSD currency pair experienced a significant development as it broke below the rising price channel on the 4-hour chart. This breach suggests that the upside move from 0.6457 has potentially completed at the recent high of...

GBPUSD Daily Analysis – June 20, 2023

by ForexCycle.com | June 20, 2023 2:42 am
The GBPUSD currency pair has demonstrated resilience, remaining within a rising price channel on the 4-hour chart and sustaining its uptrend from 1.2307. The recent pullback from the high of 1.2847 can be seen as a consolidation...

EURUSD Daily Analysis – June 20, 2023

by ForexCycle.com | June 20, 2023 2:31 am
The EURUSD currency pair has shown resilience, staying above a rising trend line on the 4-hour chart and remaining in an uptrend from 1.0635. The recent pullback from the high of 1.0970 can be viewed as a...