AUDUSD Range Breakdown (Nov 14, 2017)

by Kate Curtis | November 14, 2017 5:14 am
AUDUSD was previously trading sideways between support around .7650 and resistance at .7700-.7725. Price has just broken below the range support and looks ready for a pullback before heading further south. Using the Fib tool on the...

USDCAD Daily Analysis – November 14, 2017

by ForexCycle.com | November 14, 2017 2:54 am
USDCAD broke above the falling trend line on the 4-hour chart, indicating that the short term downtrend from 1.2916 had completed at 1.2666 already. Further rally to test 1.2819 resistance would likely be seen in the coming...

USDJPY Daily Analysis – November 14, 2017

by ForexCycle.com | November 14, 2017 2:52 am
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the short term downtrend from 114.73 is complete. Another rise to test 114.73 resistance would likely be seen in the coming days. A breakout...

AUDUSD Daily Analysis – November 14, 2017

by ForexCycle.com | November 14, 2017 2:51 am
AUDUSD broke below 0.7624 support, indicating that the downtrend from 0.7897 has resumed. Further decline could be expected in the coming days, and next target would be at 0.7500 area. Near term resistance is at 0.7670, only...

GBPUSD Daily Analysis – November 14, 2017

by ForexCycle.com | November 14, 2017 2:50 am
GBPUSD is facing 1.3027 support once again. A breakdown below this level could indicate that the downtrend from 1.3657 has resumed, then further decline towards 1.2774 support could be seen. Near term resistance is at 1.3229, a...

EURUSD Daily Analysis – November 14, 2017

by ForexCycle.com | November 14, 2017 2:49 am
EURUSD is facing 1.1690 resistance. A breakout of this level will indicate that lengthier consolidation for the downtrend from 1.2092 (Sep 8 high) is underway, then further rise towards the falling trend line on the 4-hour chart...

First Solar FSLR Recovery in Progress

by elliottwave-forecast.com | November 13, 2017 10:52 am
First Solar (NASDAQ: FSLR) designs and manufactures solar modules using a proprietary thin film semiconductor technology. The company has developed, financed, engineered, constructed and currently operates many of the world’s largest grid-connected PV power plants. First Solar relies almost...

EURJPY Range Support (Nov 13, 2017)

by Kate Curtis | November 13, 2017 4:20 am
EURJPY has been trading sideways recently, bouncing off support near 132.00 and resistance at 136.25. Price is testing support once more and could be due for another climb to the top or at least until the middle...

USDCAD Daily Analysis – November 13, 2017

by ForexCycle.com | November 13, 2017 12:29 am
USDCAD extended its downside movement from 1.2916 to as low as 1.2666, facing the bullish trend line on its daily chart. Near term resistance is at the falling trend line on the 4-hour chart. As long as...

USDJPY Daily Analysis – November 13, 2017

by ForexCycle.com | November 13, 2017 12:28 am
USDJPY stays below a falling trend line on its 4-hour chart and remains in short term downtrend from 114.73. As long as the price is below the trend line, the downtrend could be expected to continue and...