NZDUSD Channel Retracement (Jan 03, 2017)

by Kate Curtis | January 3, 2017 3:51 am
NZDUSD has been trending lower on its 4-hour time frame, moving inside a descending channel connecting its latest highs and lows. Price is currently testing the channel support and could be due for a pullback to the...

What Trading Opportunities Does the Wave Principle Identify?

by ForexCycle.com | January 3, 2017 3:40 am
By Elliott Wave International Jeffrey Kennedy talks about how the Elliott Wave Principle helps you identify trade setups. Watch this new interview to learn how the Wave Principle helps you trade with the trend, which waves are...

USDCAD Daily Analysis – January 3, 2017

by ForexCycle.com | January 3, 2017 3:32 am
USDCAD broke below 1.3471 support, indicating that the uptrend from 1.3080 had completed at 1.3598 already. Deeper decline could be expected, and the target would be at 1.3300 area. Resistance is at 1.3500, only break above this...

USDJPY Daily Analysis – January 3, 2017

by ForexCycle.com | January 3, 2017 3:31 am
No changed in our view, USDJPY remains in uptrend from 101.18 (Nov 09, 2016 low), the fall from 118.66 is likely consolidation of the uptrend. Key support is at 114.73, as long as this level holds, the...

AUDUSD Daily Analysis – January 3, 2017

by ForexCycle.com | January 3, 2017 3:31 am
AUDUSD moved sideways in a trading range between 0.7159 and 0.7246. As long as 0.7246 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.7524, and further decline to...

GBPUSD Daily Analysis – January 3, 2017

by ForexCycle.com | January 3, 2017 3:30 am
GBPUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2774. As long as the channel resistance holds, the rise from 1.2202 could be treated as consolidation of the downtrend, and further...

EURUSD Daily Analysis – January 3, 2017

by ForexCycle.com | January 3, 2017 3:30 am
EURUSD remains in downtrend from 1.1299 (Nov 9, 2016 high), the rise from 1.0352 could be treated as consolidation of the downtrend. Resistance is at 1.0700, as long as this level holds, the downtrend could be expected...

Sell NZD/CAD @ 0.93294 By Signal Factory

by Signal Factory | January 3, 2017 3:15 am
Sell NZD/CAD @ 0.93294 By Signal Factory | SL:0.93694 | TP:0.92494 | 2017.01.03 03:10 GMT Provided by signalfactory.com