ForexCycle Blog | Talkmarkets | Page 1
Analyst and Forex Trader
Contributor's Links: ForexCycle.com

Forex market analysis at its best.  Please visit www.ForexCycle.com for additional ideas related to Forex analysis, Elliott Wave analysis, trading strategies, Forex education, broker news, reviews and more.

Articles

Latest Posts
1 to 16 of 245 Posts
1 2 3 ... 16
USD/JPY Weekly Analysis – Sunday, November 19
USD/JPY failed to breakout of 115.50 and pulled back to 111.94, facing key support at 111.47. A breakdown below this level will confirm that the bounce from 107.31 had completed at 114.73 already.
AUD/USD Weekly Analysis – Sunday, November 19
AUD/USD extended its downside movement from 0.8124, facing a support level at 0.7535. As long as the pair is below the falling trend line on the daily chart, the downside move can be expected to continue.
GBP/USD Weekly Analysis – Sunday, November 19
GBP/USD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.1946 (Oct 2016 low).
EUR/USD Weekly Analysis – Sunday, November 19
EUR/USD broke above the falling trend line on the daily chart and is now facing 1.1879 resistance. A breakout of this level will confirm that the downside movement from 1.2092 had completed at 1.1554 already.
USDCAD Daily Analysis – Friday, Nov. 17
USDCAD is facing the support of the rising trend line on the 4-hour chart. A clear break below the trend line support could take price to next support level at 1.2666.
AUDUSD Daily Analysis – Thursday, Nov. 16
AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.7729.
USDCAD Daily Analysis – Thursday, Nov. 16
USDCAD extended its short-term uptrend from 1.2666 to as high as 1.2789, facing a resistance level at 1.2819. A breakout of this level could take price to next resistance level at 1.2916, followed by 1.3100.
GBP/USD Daily Analysis – Thursday, November 16
GBP/USD is now facing 1.3229 resistance. A break above this level could take price to next resistance level at 1.3337. Above this level could trigger further upside move to 1.3470 area.
EUR/USD Daily Analysis – Thursday, November 16
As long as the price is above 1.1740 support, the fall would possibly be consolidation of the uptrend from 1.1554, and another rise to test 1.1879 resistance is still possible after the consolidation.
USDCAD Daily Analysis – Wednesday, Nov. 15
USDCAD is now in short-term uptrend from 1.2666. Further rise to test 1.2819 resistance would likely be seen, a breakout of this level could bring price towards 1.2916 previous high.
AUDUSD Daily Analysis – Wednesday, Nov. 15
AUDUSD continued its downside movement from 0.7729 and the fall extends to as low as 0.7576.
GBP/USD Daily Analysis – Wednesday, November 15
GBP/USD failed to break below 1.3027 support once again and stays in the trading range between 1.3027 and 1.3337. Sideways movement in the range can be expected to continue in a couple of days.
EUR/USD Daily Analysis – Wednesday, November 15
EUR/USD bounced strongly to as high as 1.1805, breaking above the falling trend line on the 4-hour chart. Near term support is at 1.1740. As long as this level holds, the upside movement from 1.1554 could be expected to continue.
AUDUSD Daily Analysis – Tuesday, Nov. 14
AUDUSD broke below 0.7624 support, indicating that the downtrend from 0.7897 has resumed.
USD/JPY Daily Analysis – Tuesday, November 14
USD/JPY broke above the falling trend line on the 4-hour chart, suggesting that the short term downtrend from 114.73 is complete. Another rise to test 114.73 resistance would likely be seen in the coming days.
USDCAD Daily Analysis – Tuesday, Nov. 14
USDCAD broke above the falling trend line on the 4-hour chart, indicating that the short-term downtrend from 1.2916 had completed at 1.2666 already.
1 to 16 of 245 Posts
1 2 3 ... 16