AUDUSD Daily Analysis – April 1, 2020

by ForexCycle.com | April 1, 2020 2:39 am
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.5507. As long as the trend line support holds, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – April 1, 2020

by ForexCycle.com | April 1, 2020 2:38 am
GBPUSD stays in a rising trend line on the 4-hour chart and remains in the uptrend from 1.1409. As long as the trend line support holds, the upside movement could be expected to continue and next target...

EURUSD Daily Analysis – April 1, 2020

by ForexCycle.com | April 1, 2020 2:37 am
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.0635 had completed at 1.1147 completed. Further decline is still possible after consolidation and next target would be at 1.0800...

$FP : Pattern of Total stock can be the key for investors

by elliottwave-forecast.com | March 31, 2020 4:07 pm
Total SA is traded under tickers $FP @ Euronext and $TOT @ NYSE. It is of particular interest today as the world indices are dropping in a straight down mode. Hereby, Total may provide clues to identify the...

EURGBP : Will the Pair Bounce Higher?

by elliottwave-forecast.com | March 31, 2020 4:06 pm
EURGBP Technical Analysis March 30/2020 EURGBP : There are clear visible bullish market patterns on the 1 hour chart but traders will still need to wait for more confirmation that a bottom will form and for price...

USDCAD Daily Analysis – March 31, 2020

by ForexCycle.com | March 31, 2020 2:58 am
USDCAD’s downside movement from 1.4667 had completed at 1.3920 already. Further rally could be expected in the coming days and next target would be at 1.4450 area. Support is at 1.3920, only break below this level could...

USDJPY Daily Analysis – March 31, 2020

by ForexCycle.com | March 31, 2020 2:57 am
USDJPY broke above 108.00 resistance, suggesting that the downside movement from 111.71 had completed at 107.12 already. Further rally would likely be seen in the coming days and next target would be at 110.00 area. Support is...

AUDUSD Daily Analysis – March 31, 2020

by ForexCycle.com | March 31, 2020 2:56 am
AUDUSD remains in the uptrend from 0.5507. As long as the price is above the rising trend line on the 4-hour chart, the pullback from 0.6199 could be treated as consolidation for the uptrend and further rise...

GBPUSD Daily Analysis – March 31, 2020

by ForexCycle.com | March 31, 2020 2:55 am
GBPUSD pulled back from 1.2485. As long as the price is above the rising trend line on the 4-hour chart, the pullback could be treated as consolidation for the uptrend from 1.1409, further rise to 1.2800 is...