USDJPY Weekly Analysis – April 26, 2020

by ForexCycle.com | April 26, 2020 5:39 am
USDJPY is testing 106.90 support, a breakdown below this level could signal resumption of the downtrend from 111.71, then further decline to 104.00 area could be seen. Near term resistance is at 108.20, a break of this...

AUDUSD Weekly Analysis – April 26, 2020

by ForexCycle.com | April 26, 2020 5:38 am
AUDUSD is testing the resistance at the falling trend line on the daily chart. A breakout of the trend line resistance could take the price to 0.6800 area. Near term support is at 0.6200, a breakdown below...

GBPUSD Weekly Analysis – April 26, 2020

by ForexCycle.com | April 26, 2020 5:37 am
GBPUSD moved sideways in a trading range between 1.2160 and 1.2647. As long as 1.2160 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.1409, and further rise towards the falling trend...

EURUSD Weekly Analysis – April 26, 2020

by ForexCycle.com | April 26, 2020 5:35 am
EURUSD’s fall from 1.1147 extended to as low as 1.0727. 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 target would...

$BMW : BMW stock is finally ready to accelerate higher

by elliottwave-forecast.com | April 24, 2020 3:54 pm
BMW is one of the biggest german car manufacturers excelling in quality and technical characteristics. From march 2015, the performance of the stock price $BMW being part of DAX is, however, in a steady decline. As a...

USDCAD Daily Analysis – April 24, 2020

by ForexCycle.com | April 24, 2020 2:31 am
USDCAD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.3854 had completed at 1.4264 already. Further decline would likely be seen and next target would be at 1.3854 support....

USDJPY Daily Analysis – April 24, 2020

by ForexCycle.com | April 24, 2020 2:30 am
USDJPY failed to break above 108.08 resistance and stayed in a trading range between 106.92 and 108.08. The price action in the range is likely consolidation for the downtrend from 109.38, a breakdown below 106.92 support could...

AUDUSD Daily Analysis – April 24, 2020

by ForexCycle.com | April 24, 2020 2:29 am
AUDUSD moved sideways in a trading range between 0.6253 and 0.6444. As long as the price is in the rising channel on the 4-hour chart, the sideways movement could be treated as consolidation for the uptrend from...

GBPUSD Daily Analysis – April 24, 2020

by ForexCycle.com | April 24, 2020 2:27 am
GBPUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.2647 had completed at 1.2246 already. Further rally would likely be seen in the coming days and next target would...

EURUSD Daily Analysis – April 24, 2020

by ForexCycle.com | April 24, 2020 2:26 am
EURUSD extended its downside movement from 1.0990 to as low as 1.0756, breaking below 1.0768 support. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected...