USDJPY Daily Analysis – July 16, 2019

by ForexCycle.com | July 16, 2019 1:54 am
USDJPY remains in the downtrend from 108.99. Further decline is still possible after a minor consolidation and next target would be at 107.00 area. Near term resistance is at 108.35, only break above this level could signal...

AUDUSD Daily Analysis – July 16, 2019

by ForexCycle.com | July 16, 2019 1:53 am
AUDUSD is facing 0.7047 resistance, a breakout of this level could signal resumption of the uptrend from 0.7910, then next target would be at 0.7100 area. Near term support is at 0.7020, below this level could bring...

GBPUSD Daily Analysis – July 16, 2019

by ForexCycle.com | July 16, 2019 1:52 am
GBPUSD remains in the uptrend from 1.2439, the pullback from 1.2578 is likely corrective consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.2700 area. Near term support...

EURUSD Daily Analysis – July 16, 2019

by ForexCycle.com | July 16, 2019 1:52 am
EURUSD failed to break above 1.1285 resistance and stayed in a trading range between 1.1238 and 1.1285. As long as 1.1238 support holds, the price action in the range could be treated as consolidation for the uptrend...

EUR and GBP Should Remain Weak Against Canadian Dollar

by elliottwave-forecast.com | July 15, 2019 4:41 pm
EUR and GBP have seen a strong sell off against Canadian Dollar in the last few weeks and in this article we will take a look at the swing sequences in EURCAD and GBPCAD to present the...

Cisco Systems (CSCO) Elliott Wave Impulsive Structure Calling Higher

by elliottwave-forecast.com | July 15, 2019 4:40 pm
Cisco Systems, Inc. (NASDAQ: CSCO) is an American multinational technology conglomerate that develops, manufactures and sells networking hardware, telecommunications equipment and other high-technology services and products. In the age of cloud-based services, Cisco has built its business by...

USDCAD Daily Analysis – July 15, 2019

by ForexCycle.com | July 15, 2019 6:47 am
USDCAD broke below 1.3036 support, suggesting that the downtrend from 1.3432 has resumed. Further decline could be expected over the next several days and next target would be at 1.2950 area. Resistance is at 1.3060, only break...

USDJPY Daily Analysis – July 15, 2019

by ForexCycle.com | July 15, 2019 6:46 am
USDJPY broke below 107.85 support, suggesting that the downtrend from 108.99 has resumed. Further decline could be expected and next target would be at 107.00 area. Near term resistance is at 108.35, only break above this level...

AUDUSD Daily Analysis – July 15, 2019

by ForexCycle.com | July 15, 2019 6:46 am
AUDUSD extended its upside movement from 0.6910 to as high as 0.7035, facing 0.7047 resistance, a break of this level could trigger further upside movement to 0.7100 area. Near term support is at 0.7000, below this level...