Short Term Forex Analysis
USDCAD Daily Analysis – April 19, 2019
USDCAD is facing 1.3402 resistance again, a break of this level could trigger further upside movement towards 1.3450. Near term …USDJPY Daily Analysis – April 19, 2019
USDJPY remains in the uptrend from 110.84, the sideways movement in the trading range between 111.76 and 112.16 could be …AUDUSD Daily Analysis – April 19, 2019
AUDUSD broke below the bottom support trend line on the rising price channel on the 4-hour chart. Deeper decline could …GBPUSD Daily Analysis – April 19, 2019
GBPUSD is facing 1.2960 support once again. A breakdown below this level could trigger further downside movement towards 1.2800. Near …EURUSD Daily Analysis – April 19, 2019
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.1183 had completed …
Long Term Forex Analysis
USDCAD Weekly Analysis – April 13, 2019
USDCAD continued its sideways movement in a trading range between 1.3250 and 1.3467. Another fall to test 1.3250 support would …USDJPY Weekly Analysis – April 13, 2019
USDJPY is testing 112.13 resistance. A breakout of this level would indicate that the upside movement from 105.05 has resumed, …AUDUSD Weekly Analysis – April 13, 2019
AUDUSD broke above the falling price channel on the daily chart, suggesting that the downside movement from 0.7295 had completed …GBPUSD Weekly Analysis – April 13, 2019
GBPUSD is facing 1.2960 support. A breakdown below this level would indicate that the upside movement from 1.2396 had completed …EURUSD Weekly Analysis – April 13, 2019
EURUSD failed to break below 1.1176 support and stayed in a trading range between 1.1176 and 1.1448, suggesting that lengthier …
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
BlackRock Breaking Higher after Earning Release, Whats next?
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Short term Elliott Wave view on S&P 500 Futures (ES_F) suggests that the rally from March 9, 2019 low (2726.50) …WYNN Resorts Ltd. stock soaring Higher, Can It Continue?
Hello fellow traders. In today’s blog, we will have a look at the recent price action of the WYNN Resorts …