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...

GBPUSD Daily Analysis – July 15, 2019

by ForexCycle.com | July 15, 2019 6:45 am
GBPUSD’s upside movement from 1.2439 extended to as high as 1.2578. Further rise could be expected in the coming days and next target would be at 1.2700 area. Near term support is at 1.2500, only break below...

EURUSD Daily Analysis – July 15, 2019

by ForexCycle.com | July 15, 2019 6:44 am
EURUSD is facing 1.1285 resistance, a break of this level could take the price to 1.1350 area. Near term support is at 1.1238, below this level would indicate that the upside movement from 1.1193 had completed at...

USDCAD Weekly Analysis – July 14, 2019

by ForexCycle.com | July 14, 2019 7:46 am
USDCAD extended its downside movement from 1.3564 to as low as 1.3017. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next...

USDJPY Weekly Analysis – July 14, 2019

by ForexCycle.com | July 14, 2019 7:45 am
USDJPY is now in the uptrend from 106.77, the pullback from 108.99 is likely corrective consolidation for the uptrend. Another rise towards 110.00 could be expected after the consolidation. Support is at 106.77, only a breakdown below...