AUDUSD Daily Analysis – July 27, 2023

by ForexCycle.com | July 27, 2023 3:19 am
AUDUSD has recently broken above the falling trend line on the 4-hour chart, suggesting that the downside move from 0.6894 has already completed at 0.6714. This could lead to a further rally in the coming days, with...

GBPUSD Daily Analysis – July 27, 2023

by ForexCycle.com | July 27, 2023 3:11 am
GBPUSD has recently extended its upward trend, rising from 1.2797 to as high as 1.2976 and breaking above the 1.2883 resistance level. This could lead to further rise in the coming days, with the next target being...

EURUSD Daily Analysis – July 27, 2023

by ForexCycle.com | July 27, 2023 3:00 am
EURUSD has recently broken above the falling trend line on the 4-hour chart, suggesting that the downside move from 1.1275 has already completed at 1.1020. This could lead to a further rally, with the next target being...

NASDAQ Technical Analysis: Uptrend Continues

by ForexCycle.com | July 26, 2023 10:36 am
NASDAQ has recently extended its upward trend, rising from 11678 to as high as 15947. As long as the price stays within the rising price channel on the daily chart, the upside move could be expected to...

WTI Oil Price: Upside Move Continues

by ForexCycle.com | July 26, 2023 10:05 am
WTI has recently extended its upward trend, rising from 63.95 to as high as 79.76 and breaking above the 74.65 resistance level. This could lead to a further rise towards the key resistance level of 83.37 in...

USDCAD Daily Analysis – July 26, 2023

by ForexCycle.com | July 26, 2023 5:57 am
USDCAD has continued its sideways movement within a trading range between 1.3092 and 1.3242. As long as the 1.3242 resistance level holds, this sideways movement could be seen as a consolidation for the downtrend from 1.3386. If...

USDJPY Daily Analysis – July 26, 2023

by ForexCycle.com | July 26, 2023 5:53 am
USDJPY is currently testing the support of a rising price channel on the 4-hour chart. As long as this channel support holds, the pullback from 141.94 could be seen as a consolidation for the uptrend from 137.23,...

AUDUSD Daily Analysis – July 26, 2023

by ForexCycle.com | July 26, 2023 5:46 am
AUDUSD is currently facing resistance from a falling trend line on the 4-hour chart. As long as this trend line resistance holds, the bounce from 0.6714 could be seen as a consolidation for the downtrend from 0.6894,...

GBPUSD Daily Analysis – July 26, 2023

by ForexCycle.com | July 26, 2023 5:35 am
GBPUSD has recently broken above the 1.2883 resistance level, suggesting that the downside move from 1.3141 has completed at 1.2797. This could lead to a further rally, with the next target being 1.2963. If the price rises...

EURUSD Daily Analysis – July 26, 2023

by ForexCycle.com | July 26, 2023 5:25 am
EURUSD has been staying within a falling trend line on the 4-hour chart, indicating that the downtrend from 1.1275 is still in place. The downside move has extended to as low as 1.1020. As long as the...