USDJPY Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 12:55 am
The USDJPY currency pair has recently broken above the key resistance level at 140.91, signaling a resumption of the uptrend from the low of 133.49. This breakthrough indicates renewed buying pressure and suggests that further upside movement...

AUDUSD Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 12:46 am
The AUDUSD currency pair has demonstrated significant strength as it continued its upward trajectory from 0.6457 and reached a high of 0.6899. This extended rally suggests that the pair may have further room to climb, with the...

GBPUSD Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 12:39 am
The GBPUSD currency pair has exhibited notable strength as it extended its upward movement from 1.2307 to reach a high of 1.2847. This continued rally suggests that further gains may be in store for the pair, with...

EURUSD Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 12:26 am
The EURUSD currency pair has displayed continued strength as it extended its upward move from 1.0635 to reach a high of 1.0970, surpassing the significant resistance level at 1.0900. This breakout suggests that the pair is likely...

Stocks: Possible Replay of an Ominous Price Pattern

by ForexCycle.com | June 18, 2023 7:59 am
By Elliott Wave International The reason price patterns tend to repeat in the stock market is that investor psychology never changes. The Elliott wave model directly reflects these largely predictable swings in investor psychology. That’s what the...

USDCAD Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:57 am
The USDCAD currency pair has experienced a significant shift in momentum as it broke below the key support level at 1.3225. This break suggests that the long-term uptrend, which began at 1.2006, has likely completed at 1.3977....

USDJPY Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:52 am
The USDJPY currency pair has experienced a significant upward move, stretching from 127.21 to a high of 141.90. This extended rally indicates a sustained bullish sentiment in the market. As long as the price remains above the...

AUDUSD Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:48 am
The AUDUSD currency pair has made a significant breakthrough, surpassing the key resistance level at 0.6800. This breakout suggests that another upward move is underway, with the pair potentially targeting the falling trend line on the weekly...

GBPUSD Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:42 am
The GBPUSD currency pair has made a significant breakthrough, surpassing the key resistance level at 1.2679 and extending its long-term upside move from 1.0352 to reach as high as 1.2847. This breakout suggests that bullish momentum is...

EURUSD Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:34 am
The EURUSD currency pair has been trading in a relatively narrow range between 1.0515 and 1.1095, displaying a period of consolidation in recent sessions. This consolidation phase comes after a significant uptrend from the low of 0.9535....