USDJPY Daily Analysis – February 21, 2019

by ForexCycle.com | February 21, 2019 2:59 am
USDJPY is facing the support of the rising price channel on the 4-hour chart. As long as the channel support holds, the upside movement could be expected to continue and next target would be at 112.00 area....

AUDUSD Daily Analysis – February 21, 2019

by ForexCycle.com | February 21, 2019 2:58 am
AUDUSD’s upside movement from 0.7054 extended to as high as 0.7206. 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 target...

GBPUSD Daily Analysis – February 21, 2019

by ForexCycle.com | February 21, 2019 2:58 am
GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2772. As long as the trend line support holds, the fall from 1.3108 could be treated as consolidation for the...

EURUSD Daily Analysis – February 21, 2019

by ForexCycle.com | February 21, 2019 2:57 am
EURUSD extended its upside movement from 1.1234 to as high as 1.1371. 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...

Elliott Wave View: Gold Looking to break 2018 High

by elliottwave-forecast.com | February 20, 2019 9:03 pm
We have highlighted the possibility that Gold can quickly retest the high in 2018. The chart below shows the yellow metal has broken above a long term bearish channel from Sept 5, 2011 high. In addition, it...

AUDUSD: The First Target of the Increase Is 0.7307

by Assistant Traders | February 20, 2019 7:28 am
The market owners’ cash investments in derivatives on the Australian dollar by CME Group exchanges amounted to $ 19 billion 464 million. The capitalization of investments decreased by 4%. The net advantage of bearish positions decreased by...

USDCAD Daily Analysis – February 20, 2019

by ForexCycle.com | February 20, 2019 3:09 am
USDCAD broke below 1.3195 support, suggesting that the upside movement from 1.3068 had completed at 1.3339 already. Deeper decline would likely be seen and next target would be at 1.3100 area. Resistance is at 1.3280, only break...

USDJPY Daily Analysis – February 20, 2019

by ForexCycle.com | February 20, 2019 3:08 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 108.49. As long as the channel support holds, the upside movement could be expected to continue and next target would...

AUDUSD Daily Analysis – February 20, 2019

by ForexCycle.com | February 20, 2019 3:07 am
AUDUSD extended its upside movement from 0.7054 to as high as 0.7176. Further rise is still possible in the coming days and next target would be at 0.7200 area. Support is at the rising trend line on...