USDJPY Daily Analysis – July 27, 2020

by ForexCycle.com | July 26, 2020 10:48 pm
USDJPY extended its downside movement from 108.16 to as low as 105.68, breaking below 106.07 support. Further decline would likely be seen after consolidation and next target would be at 105.00 area. Near term resistance is at...

AUDUSD Daily Analysis – July 27, 2020

by ForexCycle.com | July 26, 2020 10:48 pm
AUDUSD remains in the uptrend from 0.6776, the pullback from 0.7182 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 be...

GBPUSD Daily Analysis – July 27, 2020

by ForexCycle.com | July 26, 2020 10:47 pm
GBPUSD’s upside movement from 1.2251 extended to as high as 1.2802. Further rise is still possible and next target would be at 1.2900 area. Near term support is at 1.2640, below this level would indicate that consolidation...

EURUSD Daily Analysis – July 27, 2020

by ForexCycle.com | July 26, 2020 10:46 pm
EURUSD extended its upside movement from 1.1184 to as high as 1.1657. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

USDCAD Weekly Analysis – July 26, 2020

by ForexCycle.com | July 26, 2020 10:15 am
USDCAD stays in a falling price channel on the daily chart and remains in the downtrend from 1.4667. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

USDJPY Weekly Analysis – July 26, 2020

by ForexCycle.com | July 26, 2020 10:14 am
USDJPY broke below 105.98 support. Further decline could be expected in a couple of weeks and next target would be at 104.00 area. Near term resistance is at 106.50, only break above this level could trigger another...

AUDUSD Weekly Analysis – July 26, 2020

by ForexCycle.com | July 26, 2020 10:11 am
AUDUSD broke above 0.7063 resistance and extended its upside movement from 0.5507 to as high as 0.7182. Further rise is still possible next week and next target would be at 0.7300 area. Support is located at the...

GBPUSD Weekly Analysis – July 26, 2020

by ForexCycle.com | July 26, 2020 10:10 am
GBPUSD broke above the falling trend line on the daily chart. Further rally could be expected and next target would be at 1.3100 area. Near term support is at 1.2600, a breakdown below this level could bring...

EURUSD Weekly Analysis – July 26, 2020

by ForexCycle.com | July 26, 2020 10:10 am
EURUSD extended its upside movement from 1.0635 to as high as 1.1657. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next...

S&P 500 E-Mini Futures ( ES_F ) Found Buyers At The Blue Box Area

by elliottwave-forecast.com | July 24, 2020 4:13 pm
Hello fellow traders.  Another instrument that we have been trading lately is S&P 500 E-Mini Futures (ES_F). In this technical blog we’re going to take a quick look at the Elliott Wave charts of $ES_F , published in...