GBPUSD Daily Analysis – August 11, 2020

by ForexCycle.com | August 10, 2020 10:26 pm
GBPUSD moved sideways in a trading range between 1.2980 and 1.3185. As long as 1.2980 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.2251 (Jun 29 low), and further rise towards...

EURUSD Daily Analysis – August 11, 2020

by ForexCycle.com | August 10, 2020 10:25 pm
EURUSD remains in the uptrend from 1.1168 (Jun 19 low), the price action in the trading range between 1.1695 and 1.1916 is likely consolidation for the uptrend. As long as 1.1695 support holds, the upside movement could...

OIL ( $CL_F) Forecasting The Rally From The Blue Box Area

by elliottwave-forecast.com | August 10, 2020 3:31 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL , published in members area of the website.  As our members know, commodities have been giving...

Buying The Dips In Facebook (FB) At the Blue Box

by elliottwave-forecast.com | August 10, 2020 3:30 pm
In this blog, we are going to take a look at the Elliott Wave chart of Facebook (FB). The 30 minutes pre-market chart from August 4, 2020 shows that the stock has rallied higher from wave (2)...

NZDUSD : A Dip Lower Will Find Bulls

by elliottwave-forecast.com | August 10, 2020 3:30 pm
NZDUSD Technical Analysis August 8/2020 NZDUSD remains bullish as long as the June 22/2020 0.6378 low remains untouched. In this analysis of the NZDUSD pair, market patterns will be used to determine where price can possibly reverse...

USDCAD Daily Analysis – August 10, 2020

by ForexCycle.com | August 10, 2020 5:03 am
USDCAD remains in the downtrend from 1.3715. As long as the price is in the falling price channel on the 4-hour chart, the bounce from 1.3233 could be treated as consolidation for the downtrend, and further decline...

USDJPY Daily Analysis – August 10, 2020

by ForexCycle.com | August 10, 2020 5:02 am
No changed in our view, USDJPY remains in the downtrend from 108.16, as long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to resume, and further...

AUDUSD Daily Analysis – August 10, 2020

by ForexCycle.com | August 10, 2020 5:01 am
AUDUSD moved sideways in a trading range between 0.7063 and 0.7242. As long as the price is above the rising trend line on the 4-hour chart, the sideways movement could be treated as consolidation for the uptrend...

GBPUSD Daily Analysis – August 10, 2020

by ForexCycle.com | August 10, 2020 5:00 am
GBPUSD remains in the uptrend from 1.2251 (Jun 29 low), the price action from 1.3169 is likely consolidation for the uptrend. As long as 1.2980 support holds, the upside movement could be expected to continue and next...

EURUSD Daily Analysis – August 10, 2020

by ForexCycle.com | August 10, 2020 4:58 am
EURUSD remains in the uptrend from 1.1168, the price action from 1.1908 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could...