Short Term Forex Analysis
USDCAD Daily Analysis – February 14, 2020
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2951. As long …USDJPY Daily Analysis – February 14, 2020
USDJPY moved sideways in a trading range between 109.53 and 110.13. As long as 109.53 support holds, the price action …AUDUSD Daily Analysis – February 14, 2020
AUDUSD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance …GBPUSD Daily Analysis – February 14, 2020
GBPUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.3209 had completed …EURUSD Daily Analysis – February 14, 2020
EURUSD extended its downside movement from 1.1095 to as low as 1.0827. Further decline is still possible after a minor …
Long Term Forex Analysis
USDCAD Weekly Analysis – February 16, 2020
USDCAD stays in a rising price channel on the daily chart and remains in the uptrend from 1.2951. As long …USDJPY Weekly Analysis – February 16, 2020
USDJPY remains in the uptrend from 104.44. As long as the price is in the rising price channel on the …AUDUSD Weekly Analysis – February 16, 2020
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7031. As long …GBPUSD Weekly Analysis – February 16, 2020
GBPUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.3514. As long …EURUSD Weekly Analysis – February 16, 2020
EURUSD extended its downside movement from 1.1239 to as low as 1.0827, breaking below 1.0879 support. Further decline could be …
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: Bitcoin Next Short Term Support Area
Short term Elliott wave view in Bitcoin (BTCUSD) suggests the rally from January 24, 2020 low has ended as a …Singapore Dollar (SGD) Plunges as Central Bank Signals Easing
Singapore Dollar SGD tumbled last week after Monetary Authority of Singapore (MAS) suggests that Singapore Dollar has room to depreciate. …Elliott Wave View: Bank of America (BAC) Approaching Short Term Support
Short term Elliott wave view in Bank of America (ticker: BAC) suggests the rally from January 27, 2020 low is …$EURGBP FX Pair Longer Term Cycles and Elliott Wave
$EURGBP FX Pair Longer Term Cycles and Elliott Wave Firstly as seen on the monthly chart below there is data …Elliott Wave View: AUDUSD in 3 Waves Correction
Short term Elliott wave view in AUDUSD suggests the pair ended the cycle from January 1, 2020 high in wave …