Trading Forex with Elliott Doesn’t Have to be Complicated

by ForexCycle.com | October 27, 2017 10:18 pm
By Elliott Wave International Understanding the Wave principle doesn’t have to be hard. In fact, as you’ll see in this 5-minute clip, learning from EWI’s Chief Currency Strategist Jim Martens can be downright entertaining. Watch as the...

FTSE Elliott Wave Analysis: Ended Correction

by elliottwave-forecast.com | October 27, 2017 10:57 am
FTSE Elliott Wave view suggests that decline to 7199.5 ended Primary wave ((4)). Up from there, the rally is unfolding as an impulse Elliott Wave structure where Minor wave 1 ended at 7327.5 and pullback to 7289.75 ended Minor...

Gold Elliott wave view: Double three

by elliottwave-forecast.com | October 27, 2017 10:41 am
Short term Gold Elliott Wave view suggests that the rally from 10/06 low (1260.52) to 10/16 peak (1306.35) ended intermediate wave (X) then the decline from there is unfolding as a a double three Elliott wave structure. As the...

Here’s Why Stocks and Home Runs Are at All-Time Highs

by ForexCycle.com | October 27, 2017 10:30 am
By Alan Hall, senior analyst at the Socionomics Institute Preview Here’s Why Stocks and Home Runs Are at All-Time Highs By Alan Hall, senior analyst at the Socionomics Institute This article was originally published on CNBC under...

U.S. Stocks: A Sentiment Extreme You MUST Pay Attention to

by ForexCycle.com | October 27, 2017 10:28 am
By Elliott Wave International Robert Kelley, the editor of our US Stocks Intraday Pro Service, tells you about a sentiment extreme that he’s seen recently. Watch this new interview to find out what has caught his attention...

EURUSD Head and Shoulders Breakdown (Oct 27, 2017)

by Kate Curtis | October 27, 2017 3:38 am
EURUSD broke below the neckline of its long-term head and shoulders pattern, confirming that a downtrend is underway. The chart pattern is approximately 400-500 pips tall so the resulting selloff could last by the same amount. The...

USDCAD Daily Analysis – October 27, 2017

by ForexCycle.com | October 27, 2017 2:43 am
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2450. As long as the trend line support holds, the uptrend could be expected to continue and next target would...

USDJPY Daily Analysis – October 27, 2017

by ForexCycle.com | October 27, 2017 2:42 am
USDJPY failed to break below the rising trend line on the 4-hour chart, indicating that the pair remains in the uptrend from 111.65. As long as the trend line support holds, the uptrend could be expected to...

AUDUSD Daily Analysis – October 27, 2017

by ForexCycle.com | October 27, 2017 2:41 am
AUDUSD extended its downside movement from 0.7897 to as low as 0.7635, breaking below the resistance-turned-support trend line on the weekly chart. Near term resistance is at the bearish trend line on the 4-hour chart. As long...

GBPUSD Daily Analysis – October 27, 2017

by ForexCycle.com | October 27, 2017 2:40 am
GBPUSD moved sideways in a trading range between 1.3087 and 1.3337. The pair is now facing 1.3087 support, a breakdown below this level could trigger another fall to the major support trend line on the daily chart....