USDJPY Daily Analysis – January 3, 2020

by ForexCycle.com | January 3, 2020 4:21 am
USDJPY extended its downside movement from 109.70 to as low as 107.99, breaking below 108.42 support. Further decline could be expected in a couple of days and next target would be at 107.50 area. Key resistance is...

AUDUSD Daily Analysis – January 3, 2020

by ForexCycle.com | January 3, 2020 4:20 am
AUDUSD broke below 0.6990 support, suggesting that the upside movement from 0.6838 had completed at 0.7031 already. Further decline could be expected after a minor consolidation and the target would be at the rising trend line on...

GBPUSD Daily Analysis – January 3, 2020

by ForexCycle.com | January 3, 2020 4:14 am
GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2905 had completed at 1.3284 already. Further decline could be expected in a couple of days and next target would...

EURUSD Daily Analysis – January 3, 2020

by ForexCycle.com | January 3, 2020 4:11 am
EURUSD broke below 1.1180 support, suggesting that the upside movement from 1.1066 had completed at 1.1239 already. Deeper decline would likely be seen in a couple of days and the target would be at the rising trend...

10 Year T-Note Futures: $ZN_F Forecasting Elliott Wave Path

by elliottwave-forecast.com | January 2, 2020 5:52 pm
In this technical blog, we are going to take a look at the past performance of 10 Year T-Note Futures ticker symbol: $ZN_F 1-Hour Elliott wave Charts that we presented to our members. In which, the rally from November...

Elliott Wave View: $EURUSD Further Strength Expected

by elliottwave-forecast.com | January 2, 2020 5:51 pm
Short Term Elliott Wave view in $EURUSD suggests that the cycle from October 1, 2019 low remains incomplete and pair can see further upside. Near term, pullback to 1.1064 on December 21, 2019 low ended wave X....

USDCAD Daily Analysis – January 2, 2020

by ForexCycle.com | January 2, 2020 2:08 am
USDCAD extended its downside movement from 1.3327 to as low as 1.2951. Further decline could be expected after a minor consolidation and next target would be at 1.2900 area. Near term resistance is at 1.3000, above this...

USDJPY Daily Analysis – January 2, 2020

by ForexCycle.com | January 2, 2020 2:07 am
USDJPY is facing 108.42 support, a breakdown below this level could trigger further downside movement towards 107.50 area. Near term resistance is at 108.80, above this level could bring the price back to 109.30 area.

AUDUSD Daily Analysis – January 2, 2020

by ForexCycle.com | January 2, 2020 2:06 am
AUDUSD’s upside movement from 0.6838 extended to as high as 0.7031. Further rise is still possible after a minor consolidation and next target would be at 0.7070 area. Near term support is at 0.6990, a breakdown below...

GBPUSD Daily Analysis – January 2, 2020

by ForexCycle.com | January 2, 2020 2:05 am
GBPUSD extended its upside movement from 1.2905 to as high as 1.3284. 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...