Short Term Forex Analysis
USDCAD Daily Analysis – September 23, 2019
USDCAD moved sideways in a trading range between 1.3230 and 1.3309. As long as 1.3230 support holds, the sideways movement …USDJPY Daily Analysis – September 23, 2019
USDJPY is facing 107.49 support, a breakdown below this level would indicate that the upside movement from 104.44 had completed …AUDUSD Daily Analysis – September 23, 2019
AUDUSD extended its downside movement from 0.6894 to as low as 0.6759. As long as the price is in the …GBPUSD Daily Analysis – September 23, 2019
GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.1958. As long …EURUSD Daily Analysis – September 23, 2019
EURUSD is facing 1.0990 support, a breakdown below this level could trigger another fall to test 1.0925 support. However, as …
Long Term Forex Analysis
USDCAD Weekly Analysis – September 22, 2019
No changed in our view, USDCAD remains in the downtrend from 1.3382, the bounce from 1.3133 is likely correction for …USDJPY Weekly Analysis – September 22, 2019
After touching the resistance of the falling trend line on the daily chart, USDJPY pulled back from 108.47, suggesting that …AUDUSD Weekly Analysis – September 22, 2019
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7295. As long …GBPUSD Weekly Analysis – September 22, 2019
GBPUSD extended its upside movement from 1.1958 to as high as 1.2581. Further rally is still possible next week and …EURUSD Weekly Analysis – September 22, 2019
EURUSD failed to break above the resistance of the falling price channel on the daily chart, suggesting that the pair …
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: SPY Can See Further Strength in Short Term
SPDR S&P 500 ETF (SPY) shows an incomplete sequence from June 3, 2019 low with a 100% extension target towards …General Motors Will Provide Buying Opportunity Despite The Strike
General Motor’s contract with the United Auto Workers expired late Saturday, leaving the union and company leadership to work out …DJUSRE Break Above 2007 High and ProShares Ultra Real Estate ETF
DJUSRE (Dow Jones Real Estate Index) recently broke above 2007 peak and it would be a good time to revisit …The Dow Jones Transportation Index Is Sending Warnings
Hello fellow Traders. The Dow Jones Transportation Average is showing why the biggest acceleration across World Indices has already passed. …EQT Corporation (NYSE: EQT) – Ending a Corrective Decline
EQT Corporation is one of the largest natural gas exploration and pipeline companies in United State. The Energy giant has …