ForexCycle

Analyst and Forex Trader
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USDCAD Daily Analysis – Thursday, Feb. 27
Thursday, February 27, 2020 5:03 AM EST
USDCAD extended its upside movement from 1.3201 to as high as 1.3346, breaking above 1.3328 resistance.
In this article: FXC, UUP
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AUDUSD Daily Analysis – Thursday, Feb. 27
Thursday, February 27, 2020 3:58 AM EST
AUDUSD broke below 0.6585 support and extended its downside movement from 0.6749 to as low as 0.6542.
In this article: FXA, UUP
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USDCAD Daily Analysis – Wednesday, Feb. 26
Wednesday, February 26, 2020 5:40 AM EST
USDCAD remains in the uptrend from 1.3201. Further rise could be expected after a minor consolidation and next target would be at 1.3350 area.
In this article: FXC, UUP
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AUDUSD Daily Analysis – Wednesday, Feb. 26
Wednesday, February 26, 2020 4:00 AM EST
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.6749.
In this article: FXA, UUP
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AUDUSD Daily Analysis – Tuesday Feb. 25
Tuesday, February 25, 2020 4:44 AM EST
AUDUSD moved sideways in a trading range between 0.6585 and 0.6638.
In this article: FXC, UUP
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USDCAD Daily Analysis – Tuesday, Feb. 25
Tuesday, February 25, 2020 3:40 AM EST
USDCAD broke above 1.3278 resistance, suggesting that the downside movement from 1.3328 had completed at 1.3201 already.
In this article: FXC, UUP
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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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