Short Term Forex Analysis
USDCAD Daily Analysis – February 20, 2019
USDCAD broke below 1.3195 support, suggesting that the upside movement from 1.3068 had completed at 1.3339 already. Deeper decline would …USDJPY Daily Analysis – February 20, 2019
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 108.49. As long …AUDUSD Daily Analysis – February 20, 2019
AUDUSD extended its upside movement from 0.7054 to as high as 0.7176. Further rise is still possible in the coming …GBPUSD Daily Analysis – February 20, 2019
GBPUSD broke above 1.2996 resistance, suggesting that the downside movement from 1.3217 had completed at 1.2772 already. Further rally would …EURUSD Daily Analysis – February 20, 2019
EURUSD broke above 1.1341 resistance, suggesting that the downside movement from 1.1514 had completed at 1.1234 already. Further rally could …
Long Term Forex Analysis
USDCAD Weekly Analysis – February 16, 2019
USDCAD moved sideways in a trading trading range between 1.3068 and 1.3375. As long as 1.3375 resistance holds, the sideways …USDJPY Weekly Analysis – February 16, 2019
USDJPY extended its upside movement from 105.05 to as high as 111.12. Further rise could be expected and next target …AUDUSD Weekly Analysis – February 16, 2019
AUDUSD is now in the downtrend from 0.7295, further decline would likely be seen next week and next target would …GBPUSD Weekly Analysis – February 16, 2019
GBPUSD’s downside movement from 1.3217 extended to as low as 1.2772. Further decline could be expected next week and next …EURUSD Weekly Analysis – February 16, 2019
EURUSD is facing 1.1215 support, a breakdown below this level will indicate that the downside movement from 1.2555 (Feb 16, …
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
EOS Token Price Looking for A Technical Recovery
The EOS token is the cryptocurrency of the EOS network which is using the blockchain technology architecture to enable vertical …Elliott Wave View: S&P 500 (SPX) Rallies as an Impulse
Since bottoming at 2346.58 on December 26, 2018, S&P 500 (SPX) has rallied 18% in less than 2 months. The …$SPX: Who is Right? The Fed or President Trump
The S&P 500 ($SPX) had the worst December in history as the market got nervous. Many started to guess the …Crude Oil: The Goal of Raising Is 59.08
The total capitalization of investing cash in derivatives for Crude Oil was $ 302 billion 112 million. The decrease in …Nikkei Elliott Wave Zigzag Pattern Within February Cycle
Nikkei Elliott Wave Zigzag Pattern Within February Cycle Hello fellow traders. In this technical blog we’re going to take a …