AUDUSD Daily Analysis – February 25, 2019

by ForexCycle.com | February 25, 2019 3:30 am
AUDUSD remains in the downtrend from 0.7206, the bounce from 0.7069 is likely correction for the downtrend. Another fall could be expected after the correction and next target would be at 0.7000 area. Support is at 0.7069,...

GBPUSD Daily Analysis – February 25, 2019

by ForexCycle.com | February 25, 2019 3:29 am
GBPUSD remains in the uptrend from 1.2772, the pullback from 1.3108 is likely consolidation for the uptrend. Further rise could be expected after the consolidation and next target would be at 1.3200 area. Only a breakdown below...

EURUSD Daily Analysis – February 25, 2019

by ForexCycle.com | February 25, 2019 3:28 am
EURUSD moved sideways in a narrow range between 1.1316 and 1.1371. As long as 1.1316 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.1234, a break of 1.1371...

USDPLN Elliott Wave Forecast: Identifying Blue Box Area

by elliottwave-forecast.com | February 24, 2019 9:06 pm
In this blog, we take a look at Elliott Wave structure of USDPLN forex pair since 1/31/2019 low and our main goal is to identify the blue box area within the pull back and what we could...

USDCAD Weekly Analysis – February 24, 2019

by ForexCycle.com | February 24, 2019 3:13 am
USDCAD continued its sideways movement in a trading range between 1.3068 and 1.3375. As long as 1.3375 resistance holds, the price action in the trading range could be treated as consolidation for the downtrend from 1.3664, a...

USDJPY Weekly Analysis – February 24, 2019

by ForexCycle.com | February 24, 2019 3:12 am
USDJPY remains in the uptrend from 105.05. Further rise is still possible in a couple of weeks and next target would be at 113.00 area. Near term support is at 109.80, below this level could bring the...

AUDUSD Weekly Analysis – February 24, 2019

by ForexCycle.com | February 24, 2019 3:11 am
AUDUSD remains in the downtrend from 0.7295, the bounce from 0.7054 is likely corrective consolidation for the downtrend. Further decline could be expected and next target would be at 0.6900 area. Resistance is at 0.7200, only break...

GBPUSD Weekly Analysis – February 24, 2019

by ForexCycle.com | February 24, 2019 3:10 am
GBPUSD’s fall from 1.3217 had completed at 1.2772 already. Another rise towards 1.3500 would likely be seen over the next several weeks. Near term support is at 1.2960, below this level could bring the price back towards...

EURUSD Weekly Analysis – February 24, 2019

by ForexCycle.com | February 24, 2019 3:10 am
EURUSD failed to break below 1.1215 support, suggesting that lengthier sideways movement in the trading range between 1.1215 and 1.1570 is needed. However, as long as 1.1570 resistance holds, the price action in the trading range could...

S&P500: The First Target of the Decrease Is 2525.00

by Assistant Traders | February 22, 2019 7:14 am
The investments of the reporting participants in the options and futures markets on the S&P500 stock index of the CME Group exchanges decreased by 1%. Total cash investment in the S&P500 was $ 962 billion 917 million....