USDCAD: The first goal of the increase is the strike support level 1.3067

by Assistant Traders | February 6, 2019 9:59 am
The “host market” cash investments in derivatives for the Canadian dollar of the CME Group exchanges amounted to $ 26 billion 429 million. The capitalization of investments decreased by 15%. The net advantage of bullish positions increased...

USDCAD Daily Analysis – February 6, 2019

by ForexCycle.com | February 6, 2019 12:45 am
USDCAD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.3068 could be treated as consolidation for the downtrend from 1.3374, another...

USDJPY Daily Analysis – February 6, 2019

by ForexCycle.com | February 6, 2019 12:44 am
USDJPY remains in the uptrend from 108.49. Further rise could be expected after a minor consolidation and next target would be at 111.50 area. Near term support is at 109.40, only a breakdown below this level could...

AUDUSD Daily Analysis – February 6, 2019

by ForexCycle.com | February 6, 2019 12:43 am
No changed in our view, AUDUSD remains in the uptrend from 0.7075, the price action from 0.7295 could be treated as consolidation for the uptrend. Another rise towards 0.7400 could be expected after the consolidation. Near term...

GBPUSD Daily Analysis – February 6, 2019

by ForexCycle.com | February 6, 2019 12:42 am
GBPUSD’s downside movement from 1.3217 extended to as low as 1.2924. Further decline is still possible after a minor consolidation and next target would be at 1.2850 area. Near term resistance is at 1.2990, above this level...

EURUSD Daily Analysis – February 6, 2019

by ForexCycle.com | February 6, 2019 12:41 am
EURUSD broke below 1.1406 support, suggesting that the upside movement from 1.1289 had completed at 1.1514 already. Deeper decline could be expected and next target would be at 1.1340 area. Near term resistance is at 1.1440, above...

Elliott Wave View Suggest Another Push Higher In Facebook

by elliottwave-forecast.com | February 5, 2019 9:19 pm
Elliott wave view in Facebook (ticker symbol: $FB) suggests that the rally from December 24.2018 low ($122.55) is unfolding as Elliott wave zigzag structure. The first leg of a zigzag structure ended in wave ((A)) at $152.43...

AUDUSD: The nearest long-term support level is 0.7145

by Assistant Traders | February 5, 2019 8:33 am
The total capitalization of investments in derivatives in the Australian dollar amounted to $ 19 billion 280 million. The increase in capitalization was 10%. The balance of bear positions in monetary terms amounted to $ 6 billion...

USDCAD Daily Analysis – February 5, 2019

by ForexCycle.com | February 5, 2019 5:18 am
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3374. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDJPY Daily Analysis – February 5, 2019

by ForexCycle.com | February 5, 2019 5:17 am
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the upside movement from 105.05 has resumed. Further rise could be expected and next target would be at 111.00 area. Support is at 109.20,...