EURUSD Daily Analysis – February 23, 2018

by ForexCycle.com | February 23, 2018 4:02 am
EURUSD extended its downside movement from 1.2555 to as low as 1.2259. Near term resistance is at 1.2365. As long as this level holds, the downside movement could be expected to continue and further decline to test...

World Indices: What Will Happen in 2020 – 2022

by elliottwave-forecast.com | February 22, 2018 12:32 pm
2020-2022 What will happen to the World Indices, A US Constitutional Crisis or Something Else? The market move by Technical sequences, levels, and areas. Every day we see how the price moves from one area to another...

Elliott Wave Analysis: Gold Can do a Double Correction

by elliottwave-forecast.com | February 22, 2018 12:14 pm
Gold Short Term Elliott Wave view suggests that the yellow metal is still correcting cycle from 12.13.2017 low ($1236.30) as a double three Elliott Wave structure. Down from 1.25.2018 high ($1366.06), the decline is unfolding as a double three...

How to Anticipate Stock Market Trend Changes

by ForexCycle.com | February 22, 2018 11:18 am
By Elliott Wave International Every active stock market investor wants to know: Where are prices headed next? Most will scour the financial headlines, tune into financial television and talk to their broker or financial advisor in hopes...

Elliott Wave Analysis: Gold Ending Correction

by elliottwave-forecast.com | February 21, 2018 10:41 am
Gold Short Term Elliott Wave view suggests that the decline to 1306.96 ended Intermediate wave (X). The rally from there is unfolding in 5 waves impulse Elliott Wave structure. Minutte wave (i) ended at 1337, Minutte wave (ii) ended at...

USD/JPY Price Forecast February 21, 2018, Technical Analysis

by FX Empire | February 21, 2018 6:11 am
The US dollar has rallied a bit against the Japanese yen during the trading session on Tuesday, reaching towards the 107.50 level. That’s an area that was previous support in the past, but I think at the...

USD/CAD Price Forecast February 21, 2018, Technical Analysis

by FX Empire | February 21, 2018 6:09 am
The US dollar has rallied significantly against the Canadian dollar on Tuesday, as we press the resistance level at the 1.2625 level. The market looks likely to find buyers underneath, as we have seen a massive search...

GBP/USD Price Forecast February 21, 2018, Technical Analysis

by FX Empire | February 21, 2018 6:08 am
The British pound has been very noisy during the trading session on Tuesday, reaching as low as 1.3930, but then turning around to rally. As I look at the charts on the hourly timeframe, I can see...

EUR/USD Price Forecast February 21, 2018, Technical Analysis

by FX Empire | February 21, 2018 6:07 am
The EUR has initially fallen during the session on Tuesday, reaching down to the 1.2325 handle, but found enough support at this area to show signs of life again. The 61.8% Fibonacci retracement level looks as if...

AUD/USD Price Forecast February 21, 2018, Technical Analysis

by FX Empire | February 21, 2018 6:05 am
The Australian dollar has broken down a little bit during the trading session on Tuesday, but we are starting to find support as I record this. If we can break above the 0.79 level substantially, I think...