GBPUSD Daily Analysis – July 17, 2023

by ForexCycle.com | July 17, 2023 8:56 am
The GBPUSD pair continues to demonstrate strength as it remains above a rising trend line on the 4-hour chart, affirming its position within the ongoing uptrend from the 1.2590 level. Traders can interpret the recent pullback from...

EURUSD Daily Analysis – July 17, 2023

by ForexCycle.com | July 17, 2023 8:47 am
The EURUSD pair continues to showcase strength as it remains above a rising trend line on the 4-hour chart, indicating its resilience and commitment to the ongoing uptrend from the low of 1.0833. Traders can anticipate further...

USDCAD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 4:12 am
The USDCAD pair has experienced an extended downtrend, reaching as low as 1.3092 from the high of 1.3977. This decline indicates the continuation of the long-term bearish movement. Traders should be aware of the potential for further...

USDJPY Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 4:05 am
The USDJPY pair has experienced a significant development as it broke below the key support level at 137.90. This break suggests that the upside move from 127.21 has reached its completion at the high of 145.06. Currently,...

AUDUSD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 3:48 am
The AUDUSD pair has been engaged in a sideways movement, oscillating within the range of 0.6170 and 0.7157. This consolidation phase comes after a long-term downtrend from 0.8006, suggesting that the pair is taking a breather before...

GBPUSD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 3:10 am
The GBPUSD pair has been on an impressive long-term uptrend, stretching from 1.0352 to as high as 1.3141. This sustained upward momentum signals the strength of the British pound against the US dollar and suggests that further...

EURUSD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 3:02 am
The EURUSD pair has experienced a significant breakthrough, breaking above the key resistance level at 1.1095 and reaching as high as 1.1244. This breakout suggests that the long-term uptrend from 0.9535 has resumed, signaling potential further gains...

AMZN Keep Reacting Higher From The Blue Box Areas

by elliottwave-forecast.com | July 14, 2023 4:20 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...

DAX Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | July 14, 2023 2:25 pm
Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of DAX published in members area of the website.  DAX  is showing impulsive bullish sequences in the cycle from...

USDCAD Daily Analysis – July 14, 2023

by ForexCycle.com | July 14, 2023 12:37 pm
The USDCAD pair has experienced continued downside momentum, extending its move lower from the recent high of 1.3386. Breaking below the key support level at 1.3116, the pair has now reached as low as 1.3092. This downward...