GBPUSD Daily Analysis – September 12, 2017

by ForexCycle.com | September 12, 2017 1:51 am
GBPUSD broke below the bullish trend line on the 4-hour chart, indicating that consolidation for the uptrend from 1.2774 is underway. Range trading between 1.3070 and 1.3224 would likely be seen in a couple of days. Support...

EURUSD Daily Analysis – September 12, 2017

by ForexCycle.com | September 12, 2017 1:50 am
EURUSD is facing the support of the ascending trend line from 1.1662 to 1.1823 on its 4-hour chart. A clear break below the trend line could bring price back to test 1.1823 support, below this level could...

INSM Insmed Inc Stock Skyrocketed

by elliottwave-forecast.com | September 11, 2017 3:49 pm
INSM Insmed Inc Stock Skyrocketed by a staggering 120% higher recently. According to Nasdaq.com, the Insmed Inc. INSM stock advanced more than double in the pre-market trading after the company announced that its new drug, an inhaled...

Under Armour UAA Weekly Elliott Wave Outlook

by elliottwave-forecast.com | September 11, 2017 3:32 pm
Under Armour (NYSE: UAA) is one of the leading sporstwear companies around the world. However it’s stock has been struggling in the recent 2 years as it lost %68 since September 2015. In our previous article, we...

USDJPY Broke Below 108.13 Key Support

by ForexCycle.com | September 11, 2017 8:03 am
USDJPY recently broke below a major support level at 108.13, indicating that the sideways movement in a trading range between 108.13 and 115.50 is complete and the downtrend from 118.66 has resumed. On the downside The USDJPY...

USDCAD Daily Analysis – September 11, 2017

by ForexCycle.com | September 11, 2017 3:05 am
USDCAD extended its downside movement from 1.2662 to as low as 1.2061. As long as the price is below the bearish trend line on the 4-hour chart, the bounce from 1.2061 could be treated as consolidation of...

USDJPY Daily Analysis – September 11, 2017

by ForexCycle.com | September 11, 2017 3:04 am
USDJPY’s downside movement from 110.67 extended to as low as 107.31. Resistance is at the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the rise from 107.31 could be treated...

AUDUSD Daily Analysis – September 11, 2017

by ForexCycle.com | September 11, 2017 3:03 am
AUDUSD remains in the uptrend from 0.7807, the fall from 0.8124 is likely consolidation of the uptrend. Near term support is located at the bullish trend line on the 4-hour chart. As long as the price is...

GBPUSD Daily Analysis – September 11, 2017

by ForexCycle.com | September 11, 2017 3:02 am
GBPUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.2909. As long as the trend line support holds, the uptrend could be expected to continue and further rise to...

EURUSD Daily Analysis – September 11, 2017

by ForexCycle.com | September 11, 2017 3:01 am
EURUSD stays above the bullish trend line from 1.1662 to 1.1823 and remains in the uptrend from 1.1662. As long as the price is above the trend line, the upside movement could be expected to continue and...