ForexCycle

Analyst and Forex Trader
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AUDUSD Daily Analysis – Wednesday, Jan. 16
Wednesday, January 16, 2019 5:17 AM EST
AUDUSD is in consolidation for the uptrend from 0.6765.
In this article: FXA, UUP
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USDCAD Daily Analysis – Wednesday, Jan. 16
Wednesday, January 16, 2019 4:00 AM EST
USDCAD moved sideways in a trading range between 1.3179 and 1.3322.
In this article: FXC, UUP
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USDCAD Daily Analysis – Tuesday, Jan. 15
Tuesday, January 15, 2019 5:06 AM EST
USDCAD is in consolidation for the downtrend from 1.3664.
In this article: FXC, UUP
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AUDUSD Daily Analysis – Tuesday, Jan. 15
Tuesday, January 15, 2019 4:00 AM EST
AUDUSD remains in the uptrend from 0.6765, the pullback from 0.7235 is likely consolidation for the uptrend.
In this article: FXA, UUP
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AUDUSD Daily Analysis – Monday, Jan. 14
Monday, January 14, 2019 5:15 AM EST
AUDUSD stays above the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 0.6765.
In this article: FXA, UUP
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USDCAD Daily Analysis – Monday, Jan. 14
Monday, January 14, 2019 4:00 AM EST
USDCAD’s bounce from 1.3179 extended to as high as 1.3278. Further rally is still possible and the target would be at 1.3322 resistance.
In this article: UUP, FXC
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The Biggest Problem With Using Indicators
Indicators are commonly considered as abstract and confusing by a lot of people. Forex analysis can be obscured by indicators since there are so many options from which you can choose. What makes indicators fail so hard for some people?
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