Short Term Forex Analysis
USDCAD Daily Analysis – November 21, 2019
USDCAD’s upside movement from 1.3041 extended to as high as 1.3327. Further rise is possible after a minor consolidation and …USDJPY Daily Analysis – November 21, 2019
USDJPY is facing the support of the rising price channel on the 4-hour chart. As long as the channel support …AUDUSD Daily Analysis – November 21, 2019
AUDUSD failed to break above 0.6840 resistance and stays in a trading range between 0.6769 and 0.6840. As long as …GBPUSD Daily Analysis – November 21, 2019
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2768. As long …EURUSD Daily Analysis – November 21, 2019
EURUSD moved sideways in a trading range between 1.1053 and 1.1090. As long as 1.1053 support holds, the sideways movement …
Long Term Forex Analysis
USDCAD Weekly Analysis – November 17, 2019
USDCAD’s bounce from 1.3041 extended to as high as 1.3270. Further rise is still possible and next target would be …USDJPY Weekly Analysis – November 17, 2019
USDJPY stays in a rising price channel on the daily chart and remains in the uptrend from 104.44. As long …AUDUSD Weekly Analysis – November 17, 2019
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7205. As long …GBPUSD Weekly Analysis – November 17, 2019
GBPUSD moved sideways in a narrow range between 1.2768 and 1.3012. As long as 1.2768 support holds, the sideways movement …EURUSD Weekly Analysis – November 17, 2019
EURUSD’s fall from 1.1179 extended to as low as 1.0989. Deeper decline would likely be seen after a minor consolidation …
Special Focus
Gold Price Is Facing Triangle Pattern Resistance
XAUUSD is facing the resistance of the upper trend line (now at around 1343.00) of the triangle pattern on its …USDCNH Formed Triangle Pattern On Daily Chart
The USDCNH pair formed a triangle pattern on its daily chart for several weeks. All we can do is wait …AUDUSD Ran In Falling Channel On Daily Chart
The AUDUSD pair ran in a falling price channel on the daily chart. Price just bounced off the top trend …GBPJPY Failed To Break Below 146.93 Support
GBPJPY failed in its attempt to break below 146.93 support, and stayed in a trading range between 146.93 and 152.85. …GBPJPY Moved Sideways Between 146.93 and 152.85
GBPJPY moved sideways in a trading range between 146.93 and 152.85 for several weeks. Support is at 146.93, as long …
Daily Forex Reports
Elliott Wave View: DAX Resumes Higher
DAX shows an incomplete Elliott Wave sequence from December 27, 2018 low favoring further upside. The rally from August 15, …NIKKEI ( $NKD_F ) Made Bounce From The Blue Box
In this technical blog we’re going to take a quick look at the Elliott Wave charts of NIKKEI published in …The Nasdaq Tracker QQQ Long Term Cycles & Elliott Wave
The Nasdaq Tracker QQQ Long Term Cycles & Elliott Wave Firstly the QQQ instrument inception date was in March 1999. …CADJPY : Watch For Possible Buying Opportunities
CADJPY Technical Analysis November 14/2019 CADJPY : A possible bullish pattern is visible on the Daily time frame. The blue …The Coca-Cola Company (NYSE: KO) Looking to Remain Supported
The Coca-Cola Company (NYSE: KO) is an American multinational corporation and it’s the world’s leading soft-drink company. Since February 2019, KO rallied …